Understanding Avant Personal Loans

Avant’s niche is in personal loans targeted at borrowers having credit score scores as low as 550. They provide loans as low as $2,000 to as high as $35,000 with the APRs between 9.95-35.99%. You can repay the loans within a flexible period of between 12-60 months. Although Avant carries quick funding as well as less challenging credit terms, it requires much heftier APRs and origination fees (up to 9.99%). It is discouraging to a good number of borrowers.

Avant also shines for its convenient mobile app and convenient customer service. It is also well-known for its rapid microloan application that allows getting money within the next business day following the approval. It is a great benefit that one can enjoy being an Avant consumer. 

Top Alternatives to Avant in 2025

1. Upgrade

• Loan Amounts: $1,000 – $50,000

• APR Range: 7.99% – 35.99%

• Pros: Provides direct payments to the creditors to consolidate debts, flexible loan terms.

• Cons: Charges origination fees between 1.85% and 8%

Upgrade is a good alternative to Avant, particularly, for those who need longer loan periods and direct payment opportunities of debt consolidation.

2. LightStream

• Loan Amounts: $5,000 – $100,000

• APR Range: 6.99% – 23.99%

• Pros: No fees, rate beat program, same-day funding

• Cons: Requires good to excellent credit

The LightStream has competitive rates and terms, thereby applicable to strong borrowers with the credit profile who would like to get higher loan amounts. 

3. Happy Money

• Loan Amounts: $5,000 – $40,000

• APR Range: 8.95% – 29.99%

• Pros: No late fees, well curated for credit card refinancing.

• Cons: Credit can only be used for credit card payoff.

Happy Money is suitable for borrowers targeting to consolidate credit card debts with financial wellness. 

4. LendingClub

• Loan Amounts: $1,000 – $40,000

• APR Range: 7.90% – 35.99%

• Pros: Joint applications allowed, one can pay directly to creditors.

• Cons: Charges origination fees between 3% and 6%.

Lendingclub is flexible with joint applications and is good for debt consolidation.

5. Best Egg

• Loan Amounts: $2,000 – $50,000

• APR Range: 6.99% – 35.99%

• Pros: Quick funding, secured loan options available.

• Cons: Origination fees between 0.99% and 8.99%.

Best Egg is a platform for fast borrowers who also provide unsecured and secured loans.

Key Features to Consider in Avant Alternatives

When discussing loans such as the Avant, you have to consider such factors as:

• APR and Fees: Reduced APRs and small fees contribute to making the cost of loan lesser.

• Credit Requirements: Find out the minimum credit score requisites to get appropriate lenders.

• Funding Speed: For immediate needs, consider those lenders that provide same day or next-day funding first.

• Repayment Flexibility: Seek lenders that do not slap fees for early repayments.

Conclusion

Although Avant is still a decent option for most of the borrowers, especially for those with average to poor credit, searching for loans like Avant can offer better conditions such as lower APR’s, more attractive repayment plans, etc. This type of loan is provided by lenders, including Upgrade, LightStream and Happy Money, who offer competitive options to different financial needs. Upon doing a comparison of these options and identifying the key attributes, borrowers can make informed decisions in relation to their financial goals.