American Express checks applicants credit report before authorizing credit or charge cards. American Express is not an exception. Credit card companies often offer discounted or free credit reports. Cardholders may also receive additional benefits, making it worth the effort to get a credit file from the company. In this article we will explore three methods for getting an American Express credit card report. You can read on to learn which one is best for you.
TransUnion
American Express offers a credit score calculator for free. You can also access your TransUnion credit score and report. You can access the tool through AmEx's mobile site. You can use it for monitoring your credit score and keeping track of fraud and inaccuracies. This can lead to a higher rate of interest. It can alert you to any new activity on credit reports.
American Express pulls credit reports from all major credit bureaus separately. However, you are entitled to one free credit report every 12 months from each. Asking people who have applied for American Express credit cards is the best way to determine which bureaus are pulling your information. American Express pulls credit reports only from TransUnion and Experian in most states. Equifax pulls the report from both bureaus.
Equifax
You should know the credit bureau that American Express draws your credit report from before you apply for an American Express card. While they may use all three major credit bureaus, they tend only to focus on Equifax reporting. They will usually pull your report from all three major bureaus. However, if you have any negative remarks American Express may opt to double-check your Experian report with Equifax.
American Express heatmap can be used to determine which bureaus it uses. Equifax will pull your credit less often if the color is darker. In Rhode Island, Equifax is preferred over Experian. This heatmap displays the percentage of credit reports that American Express has pulled from each bureau. It also shows which states consumers prefer certain bureaus. Experian is preferable in Rhode Island; Equifax in South Dakota, however, is preferred to TransUnion.
Experian
American Express will typically check your credit report with Experian. But they may also pull your report occasionally from other major agencies. TransUnion is likely to be the second-most probable. TransUnion pulls reports from American Express but hasn't responded to a request for further information. 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 card, make sure you get a copy from each bureau. You should check your Experian as well as FICO scores. These scores do not go public, so you may not have access to them. You should also note that American Express credit cards issuers offer different credit-card features. The risk thresholds may vary.
CreditPulls
Many people believe that they get all the credit card information by signing up to American Express CreditPulls. This is false. Instead, the company pulls data from all three credit agencies and merges them into one report. American Express CreditPulls come from the credit bureaus and are accurate and verifyable. For example, if you apply for a new card, it will appear on all three credit bureaus, including Equifax.
In addition to using credit bureaus, you can also make use of credit boards, which provide you with information on specific banks and creditors. American Express does NOT disclose which credit bureau it uses. But, you can still make use of them to find the information you need. Search bar can be used to search for the information that you are looking for even if it isn’t on the credit agency website. Depending on your requirements, you can also adjust the number or inquiries you send to avoid getting too involved with the credit agencies.