Fair-credit personal loans with a clean digital experience and fast funding.
Get started at Avant, LLC → Pre-qualify (where available) with a soft credit pull — no score impact.
ClearValue Rating: 4.1 / 5 — our editorial assessment (how we rate)
Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
Borrowers in the 580–660 FICO range who want a straightforward online lender with transparent terms.
Avant — Fair-credit personal loans with a clean digital experience and fast funding. Best for: Borrowers in the 580–660 FICO range who want a straightforward online lender with transparent terms.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
Avant targets borrowers in the 580–660 FICO range, making it one of the more accessible online lenders for fair-credit borrowers. A 580 FICO is the published minimum floor; applicants closer to 640–660 are more likely to qualify for rates in the lower part of Avant's APR range (9.95%–35.99%). Avant also considers income, debt-to-income ratio, and payment history — a stable income and no recent delinquencies improve approval odds and offered rate even at a lower FICO.
Yes — Avant charges an administration fee (origination fee) that is typically 4.75% in most states. This fee is deducted from the loan proceeds, so you receive less than the stated loan amount. For example, a $10,000 loan with a 4.75% administration fee delivers approximately $9,525. The fee is included in the APR calculation. When comparing Avant to no-origination-fee lenders like SoFi, factor the origination fee into the true total cost of the loan.
Avant advertises next business day funding for approved applications completed before certain cutoff times. Same-day funding is not guaranteed. The full process — application, income verification, approval, and funding — typically takes 1–2 business days. Avant's fully digital application and automated income verification help compress the timeline. Verify the current funding timeline at avant.com.
No. ClearValue Lending is a small business funding platform — not a personal lending service or Avant affiliate. This review is editorial content based on publicly available information. Personal loan terms, rates, fees, and eligibility are determined by Avant and WebBank (the issuing bank). Verify current terms at avant.com before applying.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
Scored consistently across every product and independent of any compensation. Full methodology →
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