Best Reviews TopConsumerReviews.com Best Personal Loans Best Reviews
Best Reviews
      January 20, 2020

Home  >  Personal Loans  >  LendingTree vs Avant

Best

Personal Loans

  1. LendingClub
  2. SoFi
  3. Avant
  4. 100 Lenders
  5. Prosper
  6. NetCredit
  7. Upstart
  8. Personal Loans
  9. OneMain Financial
  10. LifeLoans
  11. Better Loans Mutual

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Personal Loan Tips Newsletter

Latest Reviews

Allergy Relief

Cheesecake Clubs

Copyright Registration

Dog Treat Clubs

Home Security Systems

Painting Lessons

Tinnitus

Wedding Planning Software

 

Individual Reviews

LendingTree

LendingClub

SoFi

Avant

100 Lenders

Prosper

NetCredit

Upstart

Personal Loans

OneMain Financial

LifeLoans

Better Loans Mutual

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

LendingTree vs Avant

Best Personal Loans

To help you find the Best Personal Loans, TopConsumerReviews.com provides you with an in-depth comparison of LendingTree and Avant.

To see ALL of our reviews for the Best Personal Loans, please Click Here

Are you in need of some cash? Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.

Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.

Continue reading below reviews

Best Reviews

2020

Personal Loan Reviews

5 stars
LendingTree

LENDINGTREE

Visit Site

Loan:

From $1,000 to $50,000

TopConsumerReviews.com Best-In-Class Blue Ribbon Award LendingTree is an industry leader and one of the most recognized names in the personal loan market. They connect you with a wide range of potential lenders that can meet your financial needs on loans ranging from $1,000 to $50,000.

As a loan connection service rather than a direct money lender, the loan amounts and terms received through LendingTree vary with each individual lender. One big advantage of using LendingTree is the ability to review multiple lender's loan offers without having to disclose your personal information to those lenders. You only need to do that once you choose to apply with the lender that best fits your requirements.

As a side benefit, you can also use offers obtained from LendingTree to negotiate directly with the lenders themselves, to try and get an even better rate. LendingTree provides you with lender's direct contact information for that very purpose.

Applying for a loan with LendingTree is a very simple process, and takes only about a minute:

  • Select your loan purpose (such as Debt Consolidation, Vacation, or Medical Expenses)
  • Select how much money you'd like to borrow
  • Enter your Zip Code and Street Address
  • Select your type of residence (Home or Apartment)
  • Estimate your Credit Score
  • Enter your Birthdate
  • Enter your Employment Status and Annual Pre-Tax Income
  • Select whether you'll have a co-borrower or just yourself
  • Enter your Name, Phone Number, and Email Address

And that's it! LendingTree will then work with all their lending partners to find the loan offers that fit your specific criteria. Note that even if you have a low credit score, you may still receive offers, as LendingTree has several providers who work with borrowers with less-than-perfect credit.

Another good thing to remember is that entering your information with LendingTree to begin the loan process will not impact your credit report or your credit score. So you can use LendingTree's service risk-free.

With thousands of satisfied customers, a solid A+ rating from the Better Business Bureau (where they've been accredited for over 20 years), and their ability to connect borrowers with a wide range of potential lenders, LendingTree sets the standard when it comes to personal loans. They receive our highest rating.

Visit Site
4 stars
Avant

AVANT

Visit Site

Loan:

From $2,000 to $35,000

Avant is one of the newest providers in the personal loans market, opening its doors in Chicago in 2012 and receiving its first accreditation with the Better Business Bureau in March 2015. It currently holds a solid A+ rating with the BBB.

Avant provides access to one of the larger ranges of consumer loans available, from $2,000 to $35,000. Loans through the Avant platform include terms from 2 to 5 years. As an example, a $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33.

Although Avant is relatively new to the online lending business, the Avant platform has already issued more than $1 Billion in loans to over 450,000 customers. With nearly 500 employees working to provide affordable loans to consumers in need, they bring a professionalism and dedication that is welcome to this industry.

There are no extra charges for prepayment of your loan, although late fees may apply if a payment is missed. Customer service is available 7 days a week.

Another feature that we liked with Avant is how quickly they provide access to funds. The Avant platform can often send your money via direct deposit as soon as the next business day‡.

Avant's loan application and approval process is very easy:

  • You provide basic information about yourself, such as your full name and address, income details, and social security number
  • After you receive your electronic loan offer, you digitally sign the contract they send
  • If approved, you could receive your money as soon as the very next business day‡

We're encouraged to see this lending platform enter the marketplace. They've earned a high BBB rating in a very short period of time, and don't charge exorbitant or hidden fees. Combined with the ultra-fast loan application process, Avant easily earns very high marks.

Visit Site

Continued from above

No matter where you borrow money from, before you get your next personal loan you should consider the following:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!

Thinking of consolidating your debt with a personal loan? There might be better options

Personal loans are unsecured debts with a typical term of three to five years. While it's important to always be careful of taking on new debt, they can be part of a savvy financial plan and help save ...

Published:  Thu, 16 Jan 2020 06:53:00 GMT



QNB names winners of QND promotion for personal loans

QNB Group held its personal loan monthly draws on January 15 and named the winners for December 2019 in the presence of representatives of the Ministry of Commerce and Industry. The draws included all ...

Published:  Sat, 18 Jan 2020 14:37:00 GMT



39% of Student Loan Borrowers Would Spend a Week in Jail to Wipe Out Debt

Click here to uncover the best-in-class student loans providers we could find in 2020. Maurie Backman is a personal finance writer who covers everything from savings to retirement to healthcare. Her ...

Published:  Sun, 19 Jan 2020 03:17:00 GMT



The student loan debt is $1.6 trillion and people are struggling to pay it down

The student loan burden in the US is about $1.6 trillion and rising, mostly because people have barely made a dent in paying down their loans. That's according to a report released Thursday from ...

Published:  Sun, 19 Jan 2020 13:17:54 GMT



7 Alternatives to Costly Payday Loans

When you're strapped for cash, the payday loan promise of fast money with no hassle can seem like an attractive option. According to the Center for Responsible Lending, the average annual percentage ...

Published:  Fri, 17 Jan 2020 16:02:00 GMT



SoFi Personal Loans Review: Is It Right for You?

The personal lending industry has grown tremendously in recent years, and SoFi has emerged as a leader thanks to its consumer-centric business model, no-fee loan products, and easy-to-use application ...

Published:  Fri, 10 Jan 2020 10:37:00 GMT



Bengaluru beats Mumbai to get the highest home loan, personal loan in India

The average home loan size was also the highest in Bengaluru ( a‚¹33.3 lakh), behind Mumbai's a‚¹26.6 lakh. According to ANAROCK Property Consultants, Bengaluru's Electronic City saw average prices ...

Published:  Fri, 17 Jan 2020 18:33:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure