Avant debt consolidation loan, reviewed
Avant lends $2,000 to $35,000, often to fair credit. Its rates, its administration fee and who it suits.
$380 to $594 a month with Avant on $15,000 over four years
$489 a month to clear the same $15,000 on 24% cards in four years
| APR range | 9.95% to 35.99% |
|---|---|
| Loan sizes | $2,000 to $35,000 |
| Terms | 24 to 60 months |
| Fee | Administration fee up to 9.99% |
| Bank average, 24-month loans | 11.9% |
A Avant debt consolidation loan replaces several card payments with one fixed payment. Its rates start at 9.95%, higher than most here, and the fee can reach 9.99%.
Below are its rates, sizes and fees from its own disclosure, and who it suits.
Rates and loan sizes
Avant lists APRs from 9.95% to 35.99% on loans of $2,000 to $35,000 (Avant).
Terms run from 24 to 60 months. Minimum loan amounts vary by state.
Credit score needed
Avant publishes no score minimum. Checking your options does not affect your credit score.
This review sets no approval odds.
Fees
Avant charges an administration fee of up to 9.99%, taken from the loan (Avant). On $10,000, that can be $999.
How the money reaches your cards
With a $35,000 top, a larger card balance needs a second lender or a different plan.
Who the Avant debt consolidation loan fits
It fits fair credit and a balance between $2,000 and $35,000.
It is a poor pick for strong credit, which wins lower starting rates elsewhere.
Complaints about Avant are public in the CFPB database: 157 personal loan complaints under Avant.
Other choices
Put a Avant offer next to two others before you sign. The best loans page lists all 16 lenders with their fees.
Run the offer through the debt consolidation calculator to see the payment next to what your cards cost.Compare Avant with
Lender APR Loan sizes Fee 
PenFed6.39% to 17.99% Up to $50,000 No origination fee 
LightStream9.99% to 23.94% with autopay $5,000 to $100,000 No origination fee 
Discover6.99% to 24.99% $2,500 to $40,000 No origination fee 
Wells Fargo6.74% to 26.74% $3,000 to $100,000 No origination fee 
SoFi6.99% to 35.49% $5,000 to $100,000 Optional fee of 0% to 7% 
LendingClub5.96% to 35.99% $1,000 to $75,000 Origination fee of 0% to 8% 
Reach Financial5.99% to 35.99% $3,500 to $40,000 Origination fee of 0% to 8% 
Achieve6.25% to 35.99% $5,000 to $50,000 Origination fee of 1.99% to 9.99% 
Upstart6.3% to 35.99% $1,000 to $75,000 Origination fee, 8.15% in Upstart’s own example loan 
Best Egg6.99% to 35.99% $2,000 to $50,000 Origination fee up to 9.99% 
Upgrade7.74% to 35.99% $1,000 to $50,000 Origination fee of 1.85% to 9.99% 
Happy Money8.95% to 35.99% $5,000 to $50,000 Origination fee set by amount, term and credit 
Prosper8.99% to 35.99% $2,000 to $50,000 Origination fee of 1% to 9.99% 
Universal Credit11.69% to 35.99% $1,000 to $50,000 Origination fee of 5.25% to 9.99% 
OneMain Financial11.99% to 35.99% $1,500 to $30,000 Flat $25 to $500, or 1% to 10%, by state
Related topics
- Credit card consolidation loan
- Discover
- Student loans with other debt
- Debt consolidation loan calculator
About this lender
What are Avant’s loan rates?
Avant lists APRs from 9.95% to 35.99%.
What fee does Avant charge?
An administration fee of up to 9.99%, taken from the loan.
How much does Avant lend?
From $2,000 to $35,000, on terms of 24 to 60 months.
Check your Avant offer today
You hold a Avant offer, or you are about to apply. The fee and the term change what it really costs. Call and a specialist goes through the offer line by line against your cards.