Yes, Avant is safe because Avant has an “A+” rating from the Better Business Bureau, has been BBB-accredited since 2015 and has an average rating of 4.1/5 among users on WalletHub. WalletHub’s editors also gave Avant’s personal loans a rating of 3.6/5 stars.
Reasons Why Avant Is Safe
It is a legitimate lender that is registered to provide loans in all states.
It receives an “A+” rating from the BBB.
It has been BBB-accredited since 2015.
It has an average rating of 4.1/5 among users on WalletHub.
WalletHub’s editors gave 3.6/5 stars to Avant’s personal loans.
The product terms and application requirements are clearly displayed on the company’s website.
Avant uses WebBank to originate personal loans. The bank will fund loans of $2,000 - $35,000 with APRs of 9.95% - 35.99% and an origination fee of Up to 4.75%, depending on your overall creditworthiness when you apply. You will need a credit score of 580+ to qualify, and you will have 24 - 60 months to repay the loan. Payments are made to ... read full answerWebBank and Avant also services the loan.
It takes 2 to 4 business days to get money from an Avant personal loan, in most cases. The Avant loan timeline includes around 1 to 2 business days to get approved for an Avant loan and another 1 to 2 business days to receive the funds after approval. Keep in mind that this is a typical applicant's experience, and in some cases it could take longer.... read full answer
How to Get Money From Avant as Fast as Possible
Fill out the application carefully. You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from Avant having to request additional information.
Check your credit report for errors. Before you apply, you should verify that everything on your credit report is accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you should dispute them right away to get them removed.
Get your credit score above the minimum. Ideally, you should only apply for an Avant personal loan once your credit score exceeds the minimum requirement of 600. That will make it easier for Avant to decide whether you qualify, which could lead to a quicker decision.
Once you get approved for an Avant personal loan, the money will be delivered through an electronic funds transfer to your bank account, which usually takes 1 to 2 business days.
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.
Enter your name, home address, housing situation (own or rent), monthly housing payment, duration of staying at the current address, date of birth, phone number, email, social security number, income type, loan purpose, loan amount, own evaluation of credit score.
Click Agree and Check Your Loan Options.
Once you receive your Avant pre-approval status, you can choose whether or not to actually submit an application. Getting pre-approved does not mean you're guaranteed to be approved if you apply, but your approval odds will be very high.
If you want to consider more options first, you can try out WalletHub's free personal loan pre-approval tool, which checks for pre-approval with multiple personal loan providers at the same time.
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