Is Avant legit?

Author pictureAuthor picture
Author picture
Written by
Author picture
Edited by

Avant is a legitimate provider of personal loans and credit cards, offering good options for those with lower credit scores who may not be approved by other lenders. However, it is important to note that those with better credit scores may be able to find lower rates elsewhere.

  • 2,789 Reviews analyzed
  • 2/23/23 Verified not a scam

What is Avant?

Avant is an online lending platform that provides personal loans and credit cards to consumers with less-than-perfect credit scores. Founded in 2012, Avant allows borrowers to apply for loans from $2,000 to $35,000 and receive funds in as little as one business day.

What consumers say about Avant

ConsumerAffairs readers highlighted the loan application process as a key point of satisfaction, including reader K. N. of Seward, AK who said this about the process: “I had a quick and easy loan process with no hiccups. Yes, the interest rate is high but is on par with most of these personal loan companies.”

Atha of Hiram, GA, another ConsumerAffairs reader, added to the praise: “The application process was easy and quick. They rushed to assist my needs and the payments were just right. They are the best in professional quality service and do their best to answer each/any questions you may ask easily.” about the speed of the process.

Others expressed poor experiences with customer service, including ConsumerAffairs reader Alicia of Raleigh, NC, who had this to say: “The customer service is horrible. The agents are very smart mouth and sassy. Customers are not valued.”

Is Avant a scam?

Avant is a legitimate personal loan and credit card provider in business since 2012. There are no known scam reports as of 2/23/2023. However, in 2019, the Federal Trade Commission returned more than $3.7 million to customers due to falsely claiming the company would accept credit card payments when they did not.

Customers should always exercise caution when considering taking out a loan and should carefully read all details, including terms and conditions, before signing the loan agreement.

Avant information

Alternatives to Avant

Did you find this article helpful? |
Share this article