As a test, I performed a sample search of applicants in Florida that applied only for American Express cards in the past six months. Below is a review of the results. Which credit bureau a card issuer uses to pull credit reports may not depend just on which state you reside in, but sometimes even the part of the state where you live. Conducting some research of our own, we went to CreditBoards.
The list below shows the most frequent outcomes of popular cards for California and New York applicants. Credit card: Chase Sapphire Preferred Card. Credit card: Chase Sapphire Reserve.
The card details on this page have not been reviewed or provided by the card issuer. Your credit report is a key part of your financial profile that can have a notable impact on your creditworthiness. By understanding which credit reporting agency banks use to review your credit, it may help increase approval odds on your next credit card application. Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.
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Skip to content. Advertiser Disclosure. The Points Guy. Related: How to check your credit score for free The CRA used by a card issuer to see your credit report can determine whether your application is approved or denied, especially when you apply for various cards in a short amount of time. These are the factors that make up your FICO score. Which credit bureaus banks check When you apply for a credit card, the issuer contacts a credit bureau or several to purchase a copy of your credit report.
Citi uses all three credit bureaus but usually pulls credit reports from Equifax or Experian. American Express uses all three credit bureaus but primarily pulls reports from Experian, though sometimes Equifax or TransUnion as well. Chase uses all three credit bureaus but favors Experian, yet may also buy Equifax or TransUnion reports. Image courtesy of CreditBoards. Access the database using the following steps: Visit CreditBoards.
Credit Karma uses VantageScore. Their models differ slightly in the weight they place on various factors in your spending and borrowing history. Millions of people use Credit Karma to track their credit score. The company is highly transparent and provides its services through VantageScore. Thus, it offers a reliable snapshot of your current credit status. The credit scores are updated only weekly, but that's sufficient for most people most of the time.
In fact, that weekly check may be particularly valuable to consumers who are working on repairing their credit rating, for young consumers building a credit rating for the first time, and for loan shoppers anxious about their own creditworthiness. You can also use Credit Karma to spot inaccuracies in your credit report.
Make sure you dispute these inaccuracies before applying for credit. Keep in mind that you have other free options to use instead of Credit Karma or in addition to it. Your credit card issuer or bank may offer an update online. And, you have a legal right to a full copy of your credit report once a year, available at annualcreditreport.
Credit Karma can also help you research loan products. If you're in the market for a loan, having a recent credit score and current credit offers in one place can be a valuable service. Don't forget that these offers are Credit Karma's bread-and-butter. Its advertisers are eager to lend you money, and that may not be the best thing for your credit score. Credit Karma. How does it work? Credit Cards. Building Credit. Your Privacy Rights. To change or withdraw your consent choices for Investopedia.
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We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Business Company Profiles. Table of Contents Expand. What Is Credit Karma? How Credit Karma Makes Money. Credit Karma Limitations. Is Credit Karma Really Free? The Bottom Line. Key Takeaways Credit Karma gives you a free credit score and credit report in exchange for information about your spending habits.
It then charges companies to serve you targeted advertisements. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. Credit Karma compiles its own VantageScore based on that information. Your Credit Karma score should be the same or close to your FICO score, which is what any prospective lender probably will check. The range of your credit score such as "good" or "very good" is more important than the precise number, which will vary by source and edge up or down often.
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Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. If you currently have a mortgage and are interested in seeing if you can switch to a better rate, look into the pros and cons of refinancing your home. Since the mortgage industry looks at all three credit reports and scores, you may want to consider a paid credit monitoring service that pulls more comprehensive data than a free version would.
The best credit monitoring services offer triple-bureau protection, looking at your information across all three credit bureaus. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage.
Coverage may not be available in all jurisdictions. All plans offer access to 28 versions of your FICO score, including scores for credit cards, mortgages and auto loans. Skip Navigation. Follow Select. Our top picks of timely offers from our partners More details.
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