cancel
Showing results for 
Search instead for 
Did you mean: 

Auto Lender required to show you your credit Report?

New Member

Auto Lender required to show you your credit Report?

If I apply for an auto loan through my credit union or an auto dealership are they required to show me the report? I only ask because I've heard the report lenders get is different than the one consumers get even if it is a legitimate Fico score from MyFico.com.  I wonder how different it can be from a consumer fico score.

5 REPLIES
Frequent Contributor

Re: Auto Lender required to show you your credit Report?

Depends some use an auto enhanced and some pull your report and use an in house formula to figure your score .
Valued Contributor

Re: Auto Lender required to show you your credit Report?

I think that if you suffered an adverse action (could be denial or higher than best rate) the have to tell you the score(s), not show you the full report.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge
Established Contributor

Re: Auto Lender required to show you your credit Report?

 


chasmith wrote:

I think that if you suffered an adverse action (could be denial or higher than best rate) the have to tell you the score(s), not show you the full report.


You can always contact the CRAs after Adverse Action to get your full report.


Starting Score: 515
Current Score: EQ08 711 EX08 731 TU08 735
Goal Score: 740+

Amex BCP $25k | Discover IT $15.7k | Cap 1 QS $10k | PSECU $10k | Citi DC $9300 | Citi DP $6800 | Barclay Ring $6500 | PayPal Extras MC $5045 | DCU $5000 | Chase Slate $5000 | Barclays AA $4100 | Chase Freedom $4000 | Union Plus $1000 | Target $500
Regular Contributor

Re: Auto Lender required to show you your credit Report?

They showed me mine, it looked the same as when I pull ..... 



Eq 675
TU 681
Ex your guess is as goodas mine!

Nfcu Cash Rewards 15000, Nfcu nRewards Mc 15000, Walmart 600, Target 400, VS 650,Capital one 3750, Us Bank 300, Discover 4500,Citi DP 1500, Chase Freedom 2000. And I'm done...... no more cards just going to tend my garden
Moderator

Re: Auto Lender required to show you your credit Report?

Just ask for it.  I wasn't allowed to keep it, but I was allowed to see the report I pulled.  It was tradeline and public record identical to my consumer pull from that bureau; albeit in a slightly more confusing format (imo).

 

The score as others have pointed out, can be wildly different as the vast majority of major dealerships will use an auto-enhanced pull, and we have no access to that score version as a consumer.

 

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge