Avant: Best for Bad Credit

A personal loan from Avant may be a solution to consider if you need to borrow money but you have challenged credit. Qualified borrowers may receive up to $35,000 in funding and interest rates start as low as 9.95%. While that might not be the lowest rate you can find on a personal loan, it’s considerably lower than the starting point for many alternative personal loans for bad credit.


  • Competitive interest rates when compared with other personal loans for bad credit
  • Fast access to funds—often available as soon as the next business day
  • Soft credit pull occurs when you check your loan options online


  • Interest rates may be high compared to the APR you might receive elsewhere with better credit
  • Maximum loan amount of $35,000 is low compared with other personal loan providers 
  • An administrative fee may be charged on top of interest costs

Other important information:

  • Minimum/maximum amount you can borrow: $2,000 to $35,000
  • APR range: 9.95%–35.99%
  • Fees: Avant may charge an administration fee of up to 4.75%, deducted directly from your loan amount. Late fees may be charged as well, if your payment becomes past due. 
  • Minimum recommended credit score: 600–700 is the average credit score range of most approved applicants.
  • Other qualification requirements: In addition to your credit score, Avant will also review your income to see if you qualify and for what loan amount.
  • Repayment terms: Loan repayment terms can range between 24 to 60 months (two to five years).
  • Time to receive funds: Loan funds are usually deposited in your account by the next business day. 

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