Yusra3
VIP Contributor
When it comes to getting a personal loan, Earnest and Avant are two popular online lenders to consider. Earnest is known for its flexible terms, no fees, and using non-traditional factors like employment history and savings patterns to determine eligibility. Avant has more affordable loans for those with fair to good credit scores.
Earnest loans range from $5,000 to $100,000 with repayment periods from 6 months to 20 years. APRs start at 5.99% but you'll need excellent credit to qualify for the lowest rates. Avant personal loans max out at $35,000 with repayment terms between 2-5 years. Their APRs are higher at 9.95%-35.99% but they accept credit scores as low as 600.
Both lenders offer unemployment protection and allow you to change your due date. But Earnest stands out for its rate beat program and human customer service. Overall, Earnest is best for large loans and those with great credit, while Avant works well for smaller needs and less-than-perfect scores.
Earnest loans range from $5,000 to $100,000 with repayment periods from 6 months to 20 years. APRs start at 5.99% but you'll need excellent credit to qualify for the lowest rates. Avant personal loans max out at $35,000 with repayment terms between 2-5 years. Their APRs are higher at 9.95%-35.99% but they accept credit scores as low as 600.
Both lenders offer unemployment protection and allow you to change your due date. But Earnest stands out for its rate beat program and human customer service. Overall, Earnest is best for large loans and those with great credit, while Avant works well for smaller needs and less-than-perfect scores.
