What is the minimum credit score for avant credit card?
What credit score do you need to get a Avant credit card
between 580 and 669
The Avant Credit Card is one of the most basic unsecured credit cards out there. It doesn't offer many perks, and it's designed for those with fair credit — typically a credit score between 580 and 669.
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What is the lowest credit score for Avant
580
While Avant allows for credit scores as low as 580, most of its approved borrowers' scores range from 600 to 700. This generally falls in the “fair” to “good” credit range, so you may find it more challenging to qualify with bad credit.
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Is it easy to get approved by Avant
It is not difficult to get a personal loan from Avant because they offer personal loans for people with credit scores as low as 580+. Other Avant personal loan requirements include being at least 18 years old, having an SSN, and having enough income to afford monthly loan payments.
Who is eligible for Avant
Avant is an online lending platform that offers personal loans to borrowers with fair and bad credit (689 or lower score); the company says most of its customers have a credit score from 600 to 700. It charges origination and late fees, but its loans have annual percentage rates consistent with other bad-credit loans.
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Does Avant give instant approval
Avant doesn't give instant approval, but they may approve you the same day you apply. If they need to verify any of your information, the approval process may take a little longer, but you can expect to get the funds within 1 business day after you're approved and you accept the offer.
Does Avant verify income
Undergo the Verification Process
Avant may also need confirmation regarding your income and banking information. You may need to submit various documents such as bank statements and pay stubs.
What is the minimum income for Avant
Avant does not state a specific income requirement to qualify for a personal loan. Avant allows you to borrow from $2,000 to $35,000. However, in Massachusetts, the lowest loan amount possible is $6,400.
How hard is it to get an Avant loan
Avant loans are best for people with low credit scores as they require a minimum credit score of 580 to qualify for a loan.
Does Avant require proof of income
Avant might call your place of employment to verify that you work there. The approval process includes providing documents such as bank statements and check stubs. Avant reviews your credit history and debt-to-income ratio to determine if you are a good risk and will pay back the loan.
Does Avant need income verification
Undergo the Verification Process
Avant may also need confirmation regarding your income and banking information. You may need to submit various documents such as bank statements and pay stubs.
How long does it take to get approved through Avant
Feature Breakdown
Approval Speed | 0 hours |
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Credit Bureau Reporting | Experian Equifax TransUnion |
Funding Time Range | 1 – 3 days |
Payment Options | Automatic Payments Check by mail Credit/Debit Card |
Pre-Qualified Soft Credit Inquiry |