Avant is an online lender that offers personal loans and lines of credit for people with below-average credit who don’t want to put up collateral in order to qualify for a loan. Here is a quick overview of Avant’s strengths and weaknesses:
Pros:
4.1/5 average rating among users
A+ rating from BBB
Bad credit considered
No loan prepayment fees
Cons:
High personal loan APRs: 9.95% - 35.99%
Personal loan origination fee of up to Up to 9.99%
Compare Personal Loan Rates from WalletHub Partners
Excellent Credit
Excellent Credit
Good Credit
Fair Credit
Bad Credit
No Credit/Limited History
$500
$500
$1,000
$3,000
$5,000
$10,000
$25,000
Avant Reviews
The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 09/29/2025.
Avant loans are relatively expensive compared to offers from many other lenders, but they’re among the best choices for people with bad credit who don’t want to put up collateral in order to qualify for a loan. Avant’s minimum credit score is not disclosed, but most customers have a score of at least 600. That’s 40 points below the start of the fair credit range.
Avant, an online lender and WalletHub partner, has personal loan APRs that range from 9.95% - 35.99%. Those rates are high compared to most competitors, but still better than many lenders that cater exclusively to bad credit. Avant charges an “administration fee” (the same thing as an origination fee) of up to 0% of the loan amount. That fee gets subtracted from the lump sum you receive at the beginning.
So, people toward the upper end of the bad credit range can benefit from Avant’s relatively lax approval requirements. But people with fair to excellent credit will likely find other lenders to be cheaper.
Avant Loan Review Highlights:
Avant APRs:9.95% - 35.99%
Administration fee: Up to 9.99%
Late fee:$25
Funding time:As soon as next business day
Loan sizes:$2,000 - $35,000
Payoff periods:24 - 60 months. Avant’s payoff timelines are pretty standard, though you can find loans that last 84 months or longer elsewhere.
Avant loan requirements: 580 credit score, SSN, U.S. citizen or permanent resident, 18+ years old.
Reputation: Avant currently has an A rating from the Better Business Bureau and the company receives an average user score of 4.1/5 on WalletHub.
Co-applicant policy: Unfortunately, you’ll only be able to apply for an Avant loan as an individual borrower.
Before you can apply for an Avant personal loan, you’re required to check your loan options on their site. This will give you an idea of your odds of approval, plus what rates you can expect to pay.
If you have a credit score of 600 - 640, Avant should definitely be one of the lenders you consider. But you may find better rates by seeking out secured personal loans, which require collateral, from other lenders. Below, you can see how WalletHub rates Avant in our three key categories: Terms, Requirements & Application, and Reviews & Transparency.
Avant Ratings by Category:
Category
Editor’s Rating
Terms
3.3/5
Requirements & Application
3.5/5
Reviews & Transparency
4.3/5
Overall Score
11.1/15
These scores reflect how close a loan offer is to WalletHub’s definition of a 5-star loan. For more information, please read WalletHub’s full methodology.
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Leslie @leslier_61
Avant has been sanctioned by the FTC for fraudulent practices. They also have a one star on BBB. Remove your 4 state review as it is misleading.
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Kim Bounds @kimandrhe
I've had the card for a couple of months now and am not happy. I paid my first payment before the date. I them received an email stating my payment had been posted to my account. Then 4 days later after the pay date I received an email saying there was an issue with my payment method and to resolve that right away which I did. I paid it again with another card then they charged me a late fee. They waited until the pay date had passed after telling me the payment posted on time to tell me there was an issue. They just wanted the late fee. I appealed to have the fee removed and was just denied. They obviously only want money and don't care about their customers. Not a good start.
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Victoria @victorialmartinez88
@leslier_61 that is insane, I was unaware so thank you for this . I am going to further investigate on my end as I’ve been a card member since about 2020/2021. That’s so disappointing
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Brian Mack @bmack019
@kimandrhe Yes, I agree. Everything you have said is true. I think they They have carefully put activities in place to cause overdraft fees such as sending emails that only go to junk folders, Do not specify on your login if a payment did not go through, Payment setup online will not reflect in your account for multiple days to allow maximum, probability for other charges in your account to cause a NSF. Setting up automatic payment for all of my other credit cards and loans always go through with not problems and are all paid on time with no NSF problems. They basically make it very hard to make a payment on time or notify you if there is a problem. They are one of the last lending institutions that try to live off of overdraft fees rather than promised interest setup. There should be an investigation into their practices.
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Avant
jon reid @Jonreid1234
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1 Star Rating
Worst customer service ever. Applied and called over 20 times in one week to finish application. Call center reads from a script and is incompetent. Contacted [email protected] with no resolution.
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Product: Avant Personal Loans
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Avant
Sue Long @mailforclong
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2 Star Rating
Verified Customer
I just closed an Avant card 8/30/25 because I noticed my payment that I initiated on 8/25 had posted to my payment account on 8/26, but my available credit did not reflect that payment today on 8/30, four days later. I called customer service, and the representative 'Gia' told me my payment would reflect on my card on 9/2. That's seven full days after it posted to my payment account! Gia also said it could take Avant up to TEN DAYS to post a payment in their systems. I'm sorry, folks, but that is ridiculous. Many of us have cards that can process payments overnight or even the same day for expedited fees. It was a low balance card that I paid off every month, so I can close it and never look back, but how many of us like to lose a full one-third of the month to a payment that is 'processing'? I call nonsense on practices like this. It looks shady and weird.
Some of the information listed here on this platform is incorrect. They have charged me a $75 annual fee rather than $39. Also, I applied for this in May and it is now August, and I still have not received a physical card. Every time I speak with customer service, I am met with language barriers and overall poor customer service. I had requested them to send out another card in June when I let them know the original one was not received. The representative said he put in the order, but when I spoke with them in July, they said the only one that was sent out was in May when I originally applied. It is now August and I have yet to receive a card. I would rate them no stars if I could.
I am hoping someone from Avent sees this and fixes my problem. I paid off the balance, then checked it, and I owe another 78 dollars. I have not used the card, it shows no transactions, it just says I owe.
You owe for the MONTHLY fee. Check your statement. It shows MONTHLY FEE in there that is separate from your credit usage balance.
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Avant
marystew136 @marystew136
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1 Star Rating
I had Avant for one month. I called to check my payment. I made the payment and paid $80 extra. I called the next day to ensure they received it and they said I was $11 in the deficit. I paid it and called today and am 85 cents overdrawn after paying the additional $80 and the $11. I told them to cancel it. They wanted to know why and I said there was no way to pay them off because they keep charging me.
You are being charged the MONTHLY fee. That is where you are in the deficit, month after month despite paying off your credit card balance and not using the card.
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Avant
zehiii @zehiii
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1 Star Rating
If I could give this card minus five stars, I would. It's the most frustrating card I have ever had in my life. It keeps declining when I try to use it. When I call customer service, they say they've unlocked it, but it still doesn't work. When you make a payment on your card, it takes much longer than it does for any other cards to show the payment. Then even after they receive the payment, it takes several more days to make the balance available to you. I don't know if they are holding our money to use it somehow in the financial market or what... This company is a nightmare. I'm closing my card and never again!
Heartless company that wouldn't help when I lost my job and my mother passed away. I asked for a late fee waiver out of courtesy, after years of timely payments, and was denied because "the fee was accrued accurately according to the card member agreement." Avoid this card if possible!
Don't get this scam card. I had it for less than a month when I started getting fraudulent charges. So I called them and cancelled the card and started an investigation. Upon investigation, it was found that there were fraudulent charges and the card needed to be cancelled. Mind you, I had already paid off the $14 I had used and then some, not knowing I already had fraudulent charges on my account. After the card was cancelled, a few months later, they tried claiming that I owed $35 in interest from the fraudulent charges and a zero balance. I said, "well, you found them to be fraudulent, and they weren't mine, so how do I owe interest on charges that were fraudulent, and months after I cancelled the card?" I told them I'm not paying them for interest on fake charges. Now they continue to try adding and adding each month. It's currently over $300 now, from a $0 balance on a closed card. I will not be paying it, and can't wait to settle in court.
The company is fraudulent. They will accuse you of having a bad payment history without proof and triple your annual charge. Do not use this credit line.
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Product: Avant Credit Cards
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Avant
LE MARS @kevin_beast59
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1 Star Rating
The Avant Credit Card is deceptive. I have had the card for several years, charging up to $1,000 and then paying it off. My purchases were mostly one-time expenditures for major household items or Christmas gifts. I incurred zero fees. However, now in 2025, Avant has switched my card to a monthly fee of $8.99 without my authorization. I have been attempting to pay down the balance, but Avant won't allow me to, claiming I am exceeding the payment amount. This is nonsensical, as it seems they want you to continue to pay the high interest rate along with the monthly fees. My goal is to pay off the card and close the account, but Avant is obstructing this process. I do not recommend that anyone get or use any Avant products, as they may change the terms on you and prevent you from managing your account as you prefer. Right now, all I want to do is settle the account and terminate it; I have already destroyed the card.
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Product: Avant Credit Cards
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Avant
Nyheen @nyheenrichardson
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1 Star Rating
Verified Customer
Absolutely a predatory lending company that will falsely claim you haven't paid more than the balance owed on top of reporting false information to the credit bureau. My balance was reported by them as $873 in March. I paid my loan and told them my new balance in April should be $100 less; I sent them a screenshot. They went back and marked my balance as $823 in May, telling me it was incorrect, knowing I keep my receipts for everything. I won't give them another penny until they own up to their wrongdoing.
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Product: Avant Personal Loans
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Avant
axmedyare420 @axmedyare420
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1 Star Rating
Beware of scammers, people. Watch out for hidden fees every day; no one can explain them to you. If you call to ask questions, they will hang up on you. They also struggle with understanding English. They are liars and scammers.
Avoid this waste. Approved, but the "verification" process is so technically flimsy and cumbersome that I finally just accepted the ding for an inquiry and cut my losses in wasted time. Do not recommend; it is literally the worst.
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Product: Avant Credit Cards
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Avant
Bob Roach @bobroach1987
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1 Star Rating
If I could leave a zero, I would. I sent a check via certified mail for the entire balance payoff before my payment was past due. It still sits on someone's desk, received on time, and not applied to my account. They call me several times a day and have reported me late to the credit bureaus. Stay far away from this credit card company!
Get answers to your questions about Avant below. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. Ad Disclosure
A loan from Avant will hurt your credit score temporarily because the company will perform a hard pull of your credit history when you officially apply, which will drop your score by about 5 to 10 points. The new loan will also add to your overall debt load, which hurts your credit score.
Avant reports payments to the three major credit bureaus, so in the long run, a loan from Avant will help your credit score if you pay the monthly bills on time, as doing so adds positive information to your credit reports. This should offset any initial decrease in your credit score after you take out the loan.
To predict how your credit score will be affected, check out the free credit score simulator on WalletHub.
You can log in to your Avant Credit Card account by going to the login page on the Avant website or mobile app and entering your username and password in the appropriate fields. Then, click “Log In” to access your online account.
How to Log In to a Avant Card Account
Go to the Avant Card login page.
Fill out the username and password fields with your credentials.
To talk to Avant Card customer service, call 855-752-7012 and then press 0. This process will get you in contact with a live representative who should be able to answer your questions or direct you to the appropriate department.
How to Talk to Avant Card Customer Service by Phone
Call the Avant Card customer service department. You can even use the number on the back of your card.
Yes, Avant is legit because it has an A rating from the Better Business Bureau and has been BBB-accredited since 2015. Also, Avant has earned an average rating of 4.2/5 from WalletHub users who enjoy their Avant loans and credit cards.
Why Avant Is Legit
Avant is registered as a business in the states it services.
Yes, the Avant Card card does have pre-approval. Avant has an online pre-approval page where potential applicants can quickly check their odds of approval for certain Avant credit cards before they apply for one.
Current Avant customers may also receive pre-approved offers periodically by e-mail. And in some cases, Avant will mail people pre-approved offers for a specific credit card.
Getting pre-approved for a Avant Card indicates that your chances of being approved for an account...
Avant's requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a Social Security number. You will also need to have a verifiable bank account to qualify for a Avant personal loan.
The only way to apply for the Avant Card is online, and you can get to the online application by clicking the “Apply Now” button on WalletHub or by going directly to Avant's website.
Keep in mind that the Avant Card requires Fair credit, which means you need a 640+ credit score for high approval odds. Also note that applying for the card triggers a hard inquiry, which may temporarily hurt your credit score. So, it's good...
Yes, you can refinance an Avant personal loan using either a new personal loan or a balance transfer credit card from a different lender. By paying off your remaining Avant balance with a new, lower-interest loan or credit card, you will shift what you owe to the new lender and save money on finance charges.
How to Refinance a Loan from Avant With a New Loan
Check your credit score. Checking your credit helps you...
Yes, you can pay your Avant Credit Card bill by phone. To make your Avant Card payment over the phone, call 1-855-752-7012 and follow the instructions from the automated menu, then enter your payment information. The process should only take a few minutes.
No, the Avant Credit Card is not a cash back credit card, and it doesn't offer any other type of rewards either. The Avant Card's annual fee is $39, and it's available to people with fair credit or better.
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