Avant Review:

In lending industry, especially in installment loan lending, Avant is a trusted funding source. It also has the back of some well-known investors. For customers it is easy to apply for a loan on its website, and they also have a choice to ask for a maximum amount of $35,000- which is granted in specific cases. According to its website, Avant has lent total money worth $4 billion to its borrowers which is an impressive figure. Out of 10 of their customers, 9 would recommend it to others. That speaks for the service quality itself. However, if one is looking for a payday loan, or a small dollar installment loan, then it’s not the right place, as the lowest amount that can be borrowed is $2,000.

Service profile:

At the present moment, Avant has one loan product. Installment loans with simple Interest and equal monthly payments over the internet. WebBank is the originator of this loan. However, Avant is one’s gateway and reference point to avail the loan. That is the reason why it is not a third party lender, but a direct financing company. A borrower can find the APR rates in all the services states highly competitive with great flexibility of repayment. Their administration fee also is reasonable.

Loan Application Information

Terms of Repayment:

When it comes to repayment, Avant definitely is well ahead of many other lenders in terms of the terms it offers. The minimum itself is 24 months which can go up to 60 months, or 5 years. That is definitely a long period for a medium term loan. With APR rates with an upper limit of less than 36%, it is affordable to take a loan. Early payoff is available and free at Avant. Most importantly, you can change the date of repayment yourself on the website.

With 600,000 customers and a rating over 4, Avant is the first choice of many in America when it comes to installment loans. On rates, terms and amounts, they are really in the front line of the direct lenders satisfying customers. They also have phone number and email id, which is support@avant.com, to make contact option easy for their borrowers.