Online lender Avant is marketing its first rated securitization of loans to consumers with less-than-stellar credit.

Avant, located in Chicago, targets borrowers who can’t qualify for a loan from its better known peers such as Prosper Marketplace or Lending Club.  Typical customers have an average annual income of $61,000 and average FICO score of 580 – 720.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.