CreditNinja is an alternative financing option to Avant loans. CreditNinja offers personal loans for bills, debt consolidation, medical costs, and unexpected emergencies. There is no minimum credit score requirement for CreditNinja loans. If you have bad credit, you may still be eligible if you have reliable income, a good payment history, or meet other criteria.
There are plenty of loans like Avant, but CreditNinja is one of the best alternative options. Keep reading to learn more about the key differences between Avant and CreditNinja before applying for funding.
Brand Overview
Here’s a quick comparison between CreditNinja and Avant loans. Keep in mind that maximum and minimum loan amounts vary by state.
| Lender | Loan Amount Range | Key Information |
| CreditNinja | $300-$5,000 | – Offers same day funding, depending on bank processing.* – No minimum credit score required for approval. – No hidden fees. – Can pay off the unsecured loan early. – Flexible repayment options up to 24 months. |
| Avant | $2,000-$35,000 | – Funds may be deposited as soon as the next business day if approved. – An upfront administration fee is charged. – Loan terms range between 24-60 months. – APRs range between 9.95%-35.99%. – No prepayment penalties. |
CreditNinja
CreditNinja offers exclusive advantages for eligible borrowers. If you’re considering applying for CreditNinja loan, here’s a quick snapshot of the pros and cons.
| Pros | Cons |
| Competitive Rates — Interest rates are fixed and competitive. Predictability — Rates are fixed so you get predictable monthly payments. Flexible Requirements — A good credit history is not required for approval. Fast Funding — Loan proceeds may be directly deposited the same day.* | Rates — Rates are competitive, but bad credit borrowers are likely to get a higher rate. |
Avant
Avant is a popular lending option for credit card refinancing, home improvement, and unexpected emergencies. However, it’s critical to weigh the pros and cons first before completing a loan application.
| Pros | Cons |
| High Loan Amounts — Loans range between $2,000 to $35,000. Fast Cash — Funds may be deposited as soon as the next business day. App — Borrowers can manage their account through the Avant mobile app. | High Rates — Very high annual percentage rates. Fees — The administration fee can be up to 9.99%. |
FAQs: Avant Alternatives
1. What are some good Avant alternatives for personal loans?
There are several alternatives to Avant if you’re looking for personal loans. Popular options include CreditNinja, Upstart, and LendingClub. These personal loan lenders often offer similar loan amounts and repayment terms but may differ in credit score requirements, fees, and interest rates.
2. Can I get a personal loan alternative to Avant with bad credit?
Yes, some Avant alternatives like CreditNinja or LendingClub may accept applicants with lower credit scores, especially if you have a strong income or limited debt. But keep in mind that despite the flexible qualification requirements, not all applicants will qualify. You may need to consider installment loans, credit unions, or online bad credit loans as alternatives.
3. What should I consider when choosing an Avant alternative?
When comparing Avant alternatives, look at factors such as APR ranges, repayment terms, fees, credit score requirements, loan amounts, and funding speed. Also, think about your financial goals, whether you need quick cash, debt consolidation, or a low-interest option for larger expenses.
References:
- Installment Loans│Avant
