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. In this article, we'll explore three different methods of obtaining an American Express credit report. Read on to find out which one is the best fit for you.
TransUnion
American Express provides a free credit score simulator and access to TransUnion's credit report and score. The tool is accessible via AmEx's mobile-optimized website. It is used to track credit scores and identify fraud. It can alert you to any new activity on credit reports.
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 most reliable way to find out which bureaus are pulling your data is to ask people who've applied for credit cards from American Express. American Express pulls credit report information from TransUnion or Experian in most cases. Equifax pulls reports from the other two bureaus.
Equifax
If you are interested in applying for American Express credit cards, it is a good idea to know from which bureau they pull your credit. 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.
The American Express heatmap will show you which bureaus American Express uses. Equifax pulls credit from you more often the darker the color. Experian is more popular in Rhode Island than Equifax. This heatmap illustrates the percentage of credit information pulled from each bureau by American Express. It also displays which bureaus are most preferred by certain consumers in specific 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. You should still be able to see your credit report and dispute incorrect 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 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. Because of this, risk thresholds are subject to change.
CreditPulls
Many people believe that American Express CreditPulls is the best way to obtain all their credit card information. This is false. Instead, the company pulls from all three credit bureaus to create one report. American Express CreditPulls are performed by the credit bureaus. This ensures that the information compiled can be verified and is accurate. If you apply for a card, the information will be on all three credit bureaus including Equifax.
Credit boards are another option. They provide information about specific creditors and banks. American Express does not reveal which credit bureaus it uses. However, they can still provide the information that 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 upon your needs, it is possible to limit the number of inquiries so that you don't get too involved in credit bureaus.