Avant Emergency Loans provide a quick and convenient solution for borrowers who need funds for emergencies. Amounts range from ETB 110,000 to ETB 1,925,000. The APR starts at 9.95% and can go up to 35.99%. Repayment terms are flexible, from 24 to 60 months. There is an administration fee up to 9.99%, and late fees apply if payments are missed. Decisions can be made in minutes, and approved funds might be available as soon as the next business day.

How to Apply: Step by Step

1. Check your eligibility – see your rates without impacting your credit score.

2. Submit the application online with a few personal details.

3. Receive a fast decision – often within minutes of applying.

4. If approved, funds can be deposited as soon as the next business day.

5. Manage your repayment via a straightforward monthly plan.

Key Pros of Avant Emergency Loans

Fast approval process. Many applicants receive decisions almost immediately, speeding up emergency funding.

Payout is quick — if approval happens early in the business day, funds may be available by the next day.

Key Cons of Avant Emergency Loans

APR can be high for applicants with lower credit scores, reaching up to 35.99%. It’s important to assess eligibility before committing.

Administrative and possible late fees may increase the total loan cost.

Our Verdict

Avant Emergency Loans are ideal for those in need of urgent funds with flexible repayment terms and a simple process. The main strengths are speed and predictability in monthly payments. However, pay close attention to the rate offered and any associated fees. Consider comparing with other providers if you have excellent credit, but Avant stands out for accessibility and fast service when time matters most.