If you are looking for a credit card that can help you build or improve your credit score, you might want to consider the Avant Credit Card. This card is designed for people with fair or poor credit, and it offers low fees, competitive interest rates, and flexible payment options. In this article, we will show you the benefits of the Avant Credit Card, and how you can apply for it online in a few easy steps.
Benefits of Avant Credit Card
The Avant Credit Card is a great option for people who want to access credit and improve their financial situation. Here are some of the benefits of this card:
- Access to credit for those with fair or poor credit. The Avant Credit Card does not require a perfect credit score to qualify. In fact, it accepts applicants with credit scores as low as 580, which is considered fair or poor by most lenders. This means that you can get approved for this card even if you have a history of late payments, defaults, or bankruptcy.
- Low fees and interest rates. The Avant Credit Card charges a low annual fee of $29, which is waived for the first year. It also has a competitive interest rate of 25.99% APR, which is lower than many other cards for people with bad credit. Additionally, it does not charge any foreign transaction fees, overlimit fees, or penalty fees for late or returned payments.
- Flexible payment options. The Avant Credit Card allows you to choose your own payment date, and you can pay your bill online, by phone, or by mail. You can also set up automatic payments or pay more than the minimum amount to reduce your balance faster. Moreover, you can access your account online or through the Avant mobile app, where you can check your balance, transactions, credit limit, and credit score.
Easy Steps to Apply for Avant Credit Card
Applying for the Avant Credit Card is fast and simple. You can complete the whole process online in a few minutes. Here are the steps to follow:
- Create an account on Avant’s website. To start your application, you need to create an account on Avant’s website. You can do this by clicking on the “Apply Now” button on the Avant Credit Card page, or by going to https://www.avant.com/credit-card. You will need to provide your name, email address, and password to create your account.
- Complete the online application. After creating your account, you will be directed to the online application form. You will need to fill out some basic information, such as your address, phone number, date of birth, and social security number. You will also need to provide your income and employment details, such as your monthly income, employer name, and occupation. You can also choose your preferred payment date and method.
- Provide necessary personal and financial information. As part of the application process, Avant will perform a soft credit inquiry to check your credit history and score. This will not affect your credit score, and it will only be visible to you. You will also need to verify your identity and income by providing some documents, such as your driver’s license, bank statements, or pay stubs. You can upload these documents online or send them by email or fax.
- Review and submit your application. Before submitting your application, you should review all the information and terms carefully. You should also read the cardholder agreement and the privacy policy. If you agree with everything, you can submit your application by clicking on the “Submit Application” button. You will receive an instant decision on your approval status. If you are approved, you will also receive your credit limit and interest rate.
Eligibility Requirements for Avant Credit Card
To qualify for the Avant Credit Card, you need to meet some minimum eligibility requirements. These are:
- Minimum credit score. You need to have a credit score of at least 580 to apply for the Avant Credit Card. This is based on the FICO Score 8 model, which ranges from 300 to 850. You can check your credit score for free on Avant’s website or through the Avant mobile app.
- Proof of income. You need to have a verifiable source of income to apply for the Avant Credit Card. This can be from a job, a business, or a government benefit. You will need to provide proof of your income, such as your pay stubs, bank statements, or tax returns.
- Age requirement. You need to be at least 18 years old to apply for the Avant Credit Card. You also need to be a US citizen or a permanent resident with a valid social security number.
Conclusion
The Avant Credit Card is a good choice for people who want to access credit and improve their credit score. It offers low fees, competitive interest rates, and flexible payment options. It also has an easy online application process that can be completed in a few minutes. If you are interested in applying for the Avant Credit Card, you can visit Avant’s website and create an account today. You might be surprised by how quickly you can get approved and start using your new card. 🙌
