Frequently Asked Questions

1. Who is AvantCredit?

AvantCredit is a consumer lender operating in the United States. We know that getting credit from a traditional bank can be extremely difficult and time consuming. We also know that you don't want to resort to a loan with payday high rates. With AvantCredit's quick application and friendly customer service, you could have the credit you need by tomorrow morning!

Also, unlike some other lenders, you will never have to provide your car or house title, or pay hidden fees.

2. What loan products does AvantCredit offer?

AvantCredit currently offers 2 types of products with availability based on your state of residency.

AvantCredit Personal Loan: A standard consumer installment loan with an AvantCredit twist. Like most bank loans, our personal loans amortize over time with simple, equal monthly payments. Plus, enjoy the benefits of late fee forgiveness, a 100% online process, and the potential to improve your credit rating over time!

AvantCredit Credit Line: Our credit line is like a credit card without the card. After you're approved for a credit line, you can access this credit anytime and anywhere, as long as you are connected to the web. Your credit line is always open for you to draw against whenever a need arises! Additionally, enjoy all of the benefits of an AvantCredit Personal Loan, including late fee forgiveness and the ability to improve your credit rating through consistent, successful repayment.

Check which product is offered in your state now!

3. How much can I borrow?

At AvantCredit, we get you the best loan offer available at AvantCredit for your unique financial situation.

We will look at a variety of factors when determining your eligibility, including your credit score and income. Based on this information, you will be able to select your loan amount up to your approved amount or state limit.

4. What are the fees?

We know loan fees and APRs can be confusing. At AvantCredit, we are committed to a transparent fee structure that makes it easy for you to understand. For our installment loans the only fees you will ever pay is the interest accrued on your loan and late fees if applicable. We'll never charge you hidden loan fees like application fees, membership fees, or prepayment fees. On our personal credit lines we adhere to the same transparency. You will only be charged interest accrued on your loan, and in Maryland a minimum monthly charge will be issued in addition to interest.

Late fees may apply if a scheduled payment is missed, except for residents of Georgia. Amount and time of application of late fee vary by state.

Click here to see detailed information on our rates and terms.

5. How fast will my loan be funded?

We know this loan is important to you, so we work hard to get it to you quickly, most often the following business day!

  • If your application is approved before 5pm Central Time Monday through Thursday, your funds will be deposited in your bank account the next business day.
  • If your application is approved between 5pm Central Time Thursday and 7pm Central Time Sunday, you'll receive your funds on Monday.

The exact funding time will depend on your bank.

6. How can I repay my loan?

At AvantCredit, we believe it's important to offer easy and convenient ways to pay back your loan. We provide an automatic payment option called Electronic Fund Transfer (ACH) so you never have to worry about forgetting a due date again.

Using this option, we electronically debit your bank account for the amount you owe on your due date.

Other payment options are available. Call 800-712-5407 to speak with an agent today.

7. What if I can't make an upcoming payment or I default on my loan?

At AvantCredit, we care about our customers and are always there for them. If you find that you can't make an upcoming payment on your loan, call our friendly Customer Service agents at 800-712-5407. You may be eligible for a courtesy due date adjustment that will give you some extra time before your next payment.

If you have already missed your scheduled payment, call our Payment Planning Team at 800-712-5407. Our planning consultants are committed to getting you back on track by helping you set up a payment arrangement that fits your budget.

8. What if I forgot my password?

Click here to reset your password

10. How do I update my phone, email or home address?

To update your personal information, just follow these simple steps:

  • Sign into your account
  • Click on the "My Info" tab, followed by the "Personal Info" tab
  • Click the "Edit" link for the information you want to update
  • Enter your new information and save your changes