What is Avantus LLC?
Avantus LLC is a business-to-business credit reporting agency that provides customized mortgage credit reports to originators, credit unions, banks, and lenders.
Avantus may be on your credit report as a hard inquiry. This usually happens when you apply for a mortgage. However, besides mortgage credit reporting, Avantus does provide other services, including the following:
- Soft credit checks
- Two-factor authentication
- Tenant screening
- Verification of Employment (VOE)
- Social Security Number verification (SSNV)
- Tax return verifications
What is a hard inquiry?
A hard inquiry occurs any time you apply for new credit and the lender or creditor runs a credit check. It can be for a mortgage, apartment, car loan, credit card, insurance policy, cell phone, and sometimes even a job application.
Hard inquiries will typically only drop your credit score by a few points. However, if you have too many, especially in a short period of time, they can really start to add up and do some damage.
What is a soft inquiry?
A soft inquiry occurs when a creditor checks your credit without your permission. This could be a lender with whom you’ve talked to for a pre-approval quote but haven’t actually applied for a loan. Sometimes a soft inquiry might even be pulled by an existing creditor just checking on your current credit situation.
Soft inquiries do not have an impact on your credit score.
How long do hard inquiries stay on your credit report?
Whether or not you get approved for the mortgage makes no difference. The hard inquiry will remain on your credit report for up to 2 years. Each time an inquiry is made, it is recorded by one or all of the three major credit reporting agencies – Equifax, Experian, and TransUnion.
If you don’t recognize the inquiry or you are sure you didn’t make the inquiry, contact Avantus LLC and ask them why an inquiry was made. You may be a victim of identity theft. The creditor’s name should be listed under the hard inquiry section on your credit report.
Avantus LLC Contact Information
70 Jefferson Blvd 4th Floor
Warwick, RI 02888
Phone number: (800) 243-0120
Can Avantus LLC be removed from my credit report?
Lexington Law specializes in removing inquiries and other negative marks on your credit report. They have over 28 years of experience and have removed over 7 million negative items for their clients in 2020 alone.
They can also help you dispute (and possibly remove) the following items:
- late payments
- charge offs
Get Your Inquiries Removed Today!
If you’re looking for a reputable company to help you repair your credit, we HIGHLY recommend Lexington Law.
Call them at (800) 220-0084 for a free credit consultation. Paralegals are standing by waiting to take your call.