Does Avant call your employer? This question is about Avant

Does Avant call your employer?

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This question is about Avant

Grace Enfield, Content Writer

@grace_enfield • 07/29/22 This answer was first published on 07/29/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, Avant may call your employer to verify your employment after you give them permission to do so during the application process. Avant will not disclose any information about the purpose of the call to your employer, except that it’s to verify your employment status.

For more information, check out the full review of Avant personal loans on WalletHub.

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How can you get Avant personal loan pre-approval?

You can get Avant personal loan pre-approval through the Avant website. Avant pre-approval allows you to see your odds of approval for a personal loan from Avant, as well as your potential interest rate, and the process will have no impact on your credit score.

How to Get Avant Personal Loan Pre-approval

Go to the Avant website.
Click on Check Your Loan Options.
Enter your name, home address, housing situation...

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Do personal loan companies call your employer?

Personal loan companies may call your employer simply to verify that you are employed where you claim to be. This helps the company determine if you are actually eligible to receive a loan, as a big part of whether or not you can get a loan depends on your income. Not all personal loan companies will contact your employer, though, and if they do they will not tell the employer that it is in regard...

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How long does it take to get approved by Avant?

Avant may approve you the same day you apply or within 2 - 3 business days. After your application is approved and you accept the offer, it takes 1 business day to receive your funds, which Avant will send to you by electronic bank transfer.

Key Things to Know About Avant Loan Approval

Minimum Credit Score: 580+
Approval Timeline: 2 - 3 business days
Funding Timeline: One business day
...

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