American Express checks credit reports of applicants before granting credit or charge card approvals. American Express is not the only credit card company that offers free or discounted credit reports. Cardholders may also receive additional benefits, making it worth the effort to get a credit file from the company. This article will discuss three ways to get an American Express credit score report. Continue reading to discover which one is right for you.
TransUnion
American Express provides a credit score simulator for free, along with access to your TransUnion credit report. You can access the tool through AmEx's mobile site. You can use it to monitor your credit score and keep track of inaccuracies, fraud, and blemishes that can result in a higher interest rate. It also offers alerts for any new activity on your credit report.
American Express pulls the credit report of each major credit bureau separately. But you have the right to receive a free report for each bureau every 12 months. The best way to find out which credit bureaus are pulling information is to speak with people who have used American Express credit card applications. In most states, American Express pulls credit reports from Experian and TransUnion, while Equifax pulls your report from the other two bureaus.
Equifax
You should know the credit bureau that American Express draws your credit report from before you apply for an American Express card. Although they pull your credit reports from all three bureaus, their focus is on Equifax and Experian. In most cases, they will pull your report from all three bureaus, but if there are any derogatory remarks, American Express may choose to double check your Experian report with Equifax.
American Express heatmap shows which bureaus American Express uses. Equifax will pull your credit more frequently if you are darker in color. Experian is preferable in Rhode Island to Equifax. This heatmap displays the percentage of credit reports that American Express has pulled from each bureau. It also shows which bureaus consumers prefer in particular states. Experian in Rhode Island is preferred by Equifax over Experian. TransUnion, on the other hand, is preferred in South Dakota.
Experian
American Express generally checks your credit report through Experian. However they may pull reports from other major banks from time to time. TransUnion is the next most likely. TransUnion does pull reports from American Express, but has not replied to a request. However, you need to be able to view and correct incorrect credit information. This guide will help you do just that.
Before applying for an American Express credit card, be sure to get a copy your credit reports from all three bureaus. You'll need to verify both your Experian credit score and FICO score. These scores do not go public, so you may not have access to them. It is important to remember that American Express credit card issuers may offer different credit card features. Therefore, risk thresholds can differ.
CreditPulls
Many people believe that signing up for American Express CreditPulls will give them all the credit card information they need. However, this is not true. Instead, the company pulls from all three credit bureaus to create one report. American Express CreditPulls is done by credit bureaus so the information that's compiled is reliable and accurate. Equifax will also show the new card application if it is approved.
Credit boards can be used to provide you information on specific lenders and banks. Although American Express doesn't disclose the credit bureaus it uses, they can still be used to provide you with the information you require. A search bar is available to help you find the information you want, even if it's not on the credit bureau website. Depending on your needs, you can also set the number of inquiries to avoid being over-involved with the credit bureaus.