Avantus is a supplemental credit reporting agency that provides consumer reports for the mortgage lending industry.
When you apply for a mortgage, the lender will order credit history in order to evaluate the risk of proving you with a loan. Many times the credit reports are Tri-Merged or some other type of merged credit report. This means that the report the lender will get will contain your credit information that is reported to the three large credit bureaus, TransUnion, Experian, and Equifax, all in one report.
Sadly, errors on credit reports are very common. When it comes to these specialty reports for the mortgage lending industry, errors on an Avantus credit report can result in denial of a home mortgage.
Common Credit Report Errors
Under the Fair Credit Reporting Act (FCRA), you have the right to dispute errors on your Avantus credit report or any other consumer report. Once you file a dispute, Avantus will have 30 days to investigate the error and correct any mistakes.
If you were denied a home loan due to inaccurate information on your Avantus credit report, you may be able to sue in Federal court and recover damages.
Our consumer protection attorneys are here for you. We know the law and have been fighting for fair credit reporting for over 20 years.
Call 1-877-735-8600 or fill out our online form to get a free case review. If you have a case, there is no out-of-pocket cost to you. We only get paid when we win for you.
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If you do have case, there is no out-of-pocket cost to you.