American Express reviews credit reports before approving credit cards or charge cards. Credit card companies offer both free and discounted credit reports, and American Express is no exception. Additional benefits may be available to cardholders that make it worthwhile to obtain a credit report from them. We will be discussing three options for obtaining an American Express credit file. You can read on to learn which one is best for you.
TransUnion
American Express offers a free credit score simulator, as well as access to your TransUnion credit report and score. This tool can be accessed via AmEx’s mobile-optimized website. 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. You can also get alerts about any new activity in your credit report.
As with all the major credit bureaus, American Express pulls your credit report from each one separately, but you're entitled to a free report from each of them 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. American Express pulls credit information from TransUnion and Experian, while Equifax pulls from the other bureaus.
Equifax
If you're considering applying for an American Express credit card, it's best to know which bureau the company pulls your credit from. Although they do use the major bureaus, they tend not to focus on Equifax or Experian. Most cases will be pulled from all three bureaus. But, American Express might choose to double-check your Experian report by Equifax in the event of any offensive remarks.
American Express heatmap reveals which bureaus American Express uses. Equifax will pull your credit less often if the color is darker. In Rhode Island, Equifax is preferred over Experian. 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 by Rhode Island residents to Equifax, while TransUnion in South Dakota is preferred.
Experian
American Express will generally check your credit report with Experian. However, they may pull your report from other major bureaus occasionally. 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. You should still be able to see your credit report and dispute incorrect information. This guide will assist you in doing just that.
Obtain a copy of your credit report from each of these three bureaus before applying for an American Express card. Both your Experian scores and FICO scores will be needed. These scores aren’t available publicly so you might not know about them. In any case, it is important to note that American Express credit card issuers offer different credit card features. As a result, the risk thresholds can vary.
CreditPulls
Many people believe that American Express CreditPulls is the best way to obtain all their credit card information. In fact, that's not true. Instead, the company pulls data from all three credit agencies and merges them into one report. Because American Express CreditPulls are done by the credit bureaus, the information that is compiled is accurate and verifiable. If you apply for a card, the information will be on all three credit bureaus including Equifax.
Credit boards can be used to provide you information on specific lenders and banks. While American Express does not disclose which credit bureau it uses, you can still use them to get the information you need. You can use a search bar to find the information you're looking for, even if the information isn't available on the credit bureau website. You can adjust the number of inquiries you make to ensure that you are not too involved with credit bureaus.