American Express checks credit reports of applicants before granting credit or charge card approvals. Credit card companies offer both free and discounted credit reports, and American Express is no exception. Cardholders can also get additional benefits that could make it worth applying for a credit card report. We'll be discussing three methods to obtain an American Express credit report. Continue reading to discover which one is right for you.
TransUnion
American Express offers a credit score calculator for free. You can also access your TransUnion credit score and report. This tool can be accessed via AmEx’s mobile-optimized website. 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 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 information from TransUnion and Experian, while Equifax pulls from the other bureaus.
Equifax
It is important to understand which bureau American Express pulls your credit reports from, if you want to apply for an American Express credit cards. They use all three major bureaus but tend to concentrate 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 can be used to determine which bureaus it uses. Equifax will pull your credit less often if the color is darker. Experian is not preferred in Rhode Island. Equifax is preferred in Rhode Island. This heatmap shows the percentage of credit reports pulled from each bureau by American Express. It also displays which bureaus are most preferred by certain consumers in specific states. Experian is preferred in Rhode Island while Equifax is preferred in Rhode Island. TransUnion is preferred for 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 likely to be the second-most probable. TransUnion pulls reports from American Express but hasn't responded to a request for further information. Nevertheless, you should know how to view your credit report and how to dispute inaccurate information. This guide will help.
Before applying for an American Express credit card, be sure to get a copy your credit reports from all three bureaus. You should check your Experian as well as FICO scores. These scores are not made public, so you may not be aware of them. In any case, it is important to note that American Express credit card issuers offer different credit card features. Because of this, risk thresholds are subject to change.
CreditPulls
Many people believe that American Express CreditPulls gives them all the information they need to get a credit card. It's false. Instead, the company pulls information from all three credit bureaus and combines them into one report. American Express CreditPulls is done by credit bureaus so the information that's compiled is reliable and accurate. For example, if you apply for a new card, it will appear on all three credit bureaus, including Equifax.
You can use credit bureaus in addition to credit bureaus. Credit boards provide information on specific creditors and banks. American Express does no disclose which credit agency it uses. However you can still use them for the information you need. The search bar can be used to find the information needed, even if that information isn’t listed on the credit- bureau website. Depending on your requirements, you can also adjust the number or inquiries you send to avoid getting too involved with the credit agencies.