Need a loan with a 600-700 FICO? See our review of Avant. Get $2K-$35K. Check your rate with no credit score impact. Apply now.

Avant Personal Loan Review [2025]: The Best Loan for Fair Credit?

Let’s be honest. You feel stuck in the “credit middle.”

Your FICO score isn’t “bad” (you’re not in the 500s), but it’s not “excellent” either. You’re in that 600-700 range. When you apply at a big bank or a premium lender (like SoFi or Marcus), you get rejected. But when you look at other options, all you see are sketchy payday loans.

You’re frustrated. You just need a legitimate, safe, and fair loan to consolidate debt or handle an emergency. You need a “yes.”

That’s the exact promise of an Avant Personal Loan.

Avant is a direct lender (not a marketplace) built specifically to serve the “fair credit” borrower. They are the direct competitor to Upgrade, and their specialty is approving customers who the big banks ignore.

We’ve done a deep dive into their offer. If your FICO score is 600+ and you need a loan now, this review is for you.

---

What Makes an Avant Personal Loan Different?

In the world of personal loans, Avant’s focus is Access.

They are not a $0-fee lender. They make that clear. Their value isn’t in being the cheapest loan (that’s for 750+ FICO scores); their value is in being the best-in-class lender that actually approves you.

Here’s why Avant stands out:

Speed: They know that “fair credit” borrowers often need money for emergencies or to consolidate debt fast. You can check your rate in minutes and get your funds as fast as the next business day.

Direct Lender for Fair Credit: When you apply, you are borrowing from Avant. This is a secure, simple process. You are not being “sold” to a network of third parties.

Focus on 600+ FICO: Their entire approval model is built for the “fair credit” range. They are more likely to understand your full financial picture than a traditional bank.

The 3 “Pains” an Avant Loan Solves Immediately

A loan is a tool. It’s only good if it solves a specific problem. Here’s where Avant excels:

1. The Pain: “My 650 FICO Score Gets Me Denied by Big Banks.”

The Solution: Access for the “Credit Middle” This is their superpower. You’ve been told “no” by premium lenders. Avant is designed to be the “yes.” They are willing to lend to borrowers with scores as low as 600.

2. The Pain: “I Have an Emergency (Car Repair, Medical Bill).”

The Solution: Fast, Next-Day Funding When your car breaks down, you can’t wait a week. Avant’s process is fast. You can apply from your phone, get a decision quickly, and have the cash in your bank account as fast as the next business day.

3. The Pain: “I Need to Consolidate High-Interest Credit Cards.”

The Solution: A Single, Fixed-Rate Payment This is the most common use. You have $10,000 in credit card debt at 28% APR. An Avant loan gives you a single, fixed-rate payment that’s almost certainly lower. It gives you a clear end date (2-5 years) and a path to finally paying off your debt.

---

Avant Loan Features: A Deep Dive

Let’s look at the hard numbers from their official site.

• Loan Amounts ($2,000 to $35,000): This is a perfect range for the “fair credit” borrower. It’s enough to cover major emergencies or consolidate a significant amount of debt.
• APRs (9.95% to 35.99%): This is the total cost. This rate is reflective of the “fair credit” market. It is significantly cheaper than payday loans and almost always cheaper than the 25-30%+ APR on your credit cards.
• Loan Terms (24 to 60 months): This gives you flexibility. You can choose a 2-year term to get out of debt fast or a 5-year term for a lower monthly payment.
• Administration Fee: This is important: Avant does charge an administration fee (up to 9.99%). This fee is deducted from your loan proceeds. This is the trade-off for getting approved in this credit tier.
• Funding Speed: Once approved, your money can be deposited as fast as the next business day.

Who is an Avant Loan For? (And Who Should Skip It?)

Trust is built on honesty. Avant is not for everyone.

✅ This loan is perfect for you if:

• You have “Fair” Credit (Typically a FICO score of 600-700).
• You have been denied by premium lenders like SoFi or Discover.
• You need fast cash for an emergency or debt consolidation.
• You value a “yes” from a direct lender and understand the fee is the cost of access.

❌ You should probably look elsewhere if:

• You have “Excellent” Credit (a score of 720+). You should not pay this fee. Go to a $0-fee lender like SoFi or Marcus.
• You have “Bad” Credit (a score below 600). You may be denied. A marketplace like Next Day Personal Loan is a better place to start.
• You are 100% against paying an administration/origination fee.

---

How to Apply: The 3-Step Process

Avant’s process is fast and designed for the modern borrower.

1. Check Your Rate (The “Soft Pull”): This is the first step. You click our link, go to the secure Avant site, and fill out a short form. This does not affect your credit score.
2. Review Your Offer: In as little as 60 seconds, Avant will show you what you pre-qualify for. You’ll see the loan amount, the APR, the administration fee, and your monthly payment.
3. Accept & Get Funded: If you like the offer, you’ll proceed to the full application, verify your info, and e-sign your loan agreement. Your funds can be in your bank account as fast as the next business day.

Our Final Verdict

For the “fair credit” borrower, Avant is one of the best and most reliable options on the market.

It’s not trying to be the cheapest loan; it’s trying to be the best loan that will actually approve you. When you’re stuck between a “no” from a big bank and a scary offer from a payday lender, Avant is the safe, legitimate, and fast solution.

If your score is in the 600s, this should be one of the first places you check.