Payday loan, title loan, or personal loan -- Getting a line of credit -- Complaint #6557495
Complaint Overview
Complaint ID: 6557495
Company: Avant Holding Company, INC.
Product: Payday loan, title loan, or personal loan
Sub-Product: Personal line of credit
Issue: Getting a line of credit
State: Maryland
ZIP Code: 21804
Date Received: 2023-02-10T12:00:00-05:00
Date Sent to Company: 2023-02-10T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
False advertising Received a pre approval for a loan through XXXX, which is there partner and filled out a loan application and was denied for a loan. False and misleading advertising. Then after receiving an adverse action letter I promptly responded with Dear Fiduciary ( the role I have appointed you ), I am writing this letter in response to the adverse action notice that I received from your company regarding my loan application. I would like to inform you that I strongly dispute the allegations made in your letter and the reasons for the denial of my loan application. As the creditor in this case, I would like to bring to your attention the violations of specific USC and UCC laws that were committed in the process of denying my loan application. According to the Fair Credit Reporting Act ( FCRA ) ( 15 USC 1681 et seq. ), I have the right to dispute any inaccurate information that is being used by your company as a basis for denying my loan application. I also believe that there was a violation of the Uniform Commercial Code ( UCC ) 3-503, which states that the bank must prove that the loan was granted in good faith. Furthermore, I have evidence to prove that your company used fraudulent means to deny my loan application. This constitutes a violation of UCC 4-406, which states that no bank shall make an extension of credit with actual knowledge that it will violate the law or any state or federal regulation. I request that you thoroughly investigate this matter and provide me with a full explanation of the reason for the denial of my loan application. I also request that you remove any inaccurate or false information from my credit report that was used as a basis for denying my loan application. I look forward to hearing from you soon and I hope that this matter can be resolved amicably. PURSUANT HJR -192. Sincerely, By : XXXX : XXXX XXXX XXXX XXXX XXXX ALL RIGHTS RESERVED UCC 1-308 To no reply. Violating my rights further more. Violation of ECOO, fcoa. Using false and misleading representation. I'm holder in due course and beneficiary to the name I retain all rights and obligations to fulfill full faith and credit obligations.
Frequently Asked Questions
What is Complaint #6557495 about?
Complaint #6557495 was filed against Avant Holding Company, INC. regarding Payday loan, title loan, or personal loan specifically about Getting a line of credit. It was received by the CFPB on 2023-02-10T12:00:00-05:00.
How did Avant Holding Company, INC. respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Payday loan, title loan, or personal loan) and describe your issue in detail.
Can I see other complaints against Avant Holding Company, INC.?
Yes, visit the Avant Holding Company, INC. company profile at readthecomplaint.com/company/avant-holding-company-inc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.