topic Re: Am I entitled to a free credit report? in General Credit Topics

Am I entitled to a free credit report?

barthooper — Sat, 17 May 2014 19:46:45 GMT

Hello. I recently got approved for the Sallie Mae Mastercard from Barclays and I know they pulled TU. I didn't get the lowest of the available APRs, so am I entitled based on not getting the best terms? Thanks.

Re: Am I entitled to a free credit report?

Shogun — Sat, 17 May 2014 19:53:35 GMT

@barthooper wrote:
Hello. I recently got approved for the Sallie Mae Mastercard from Barclays and I know they pulled TU. I didn't get the lowest of the available APRs, so am I entitled based on not getting the best terms? Thanks.

Absolutely you are!

Re: Am I entitled to a free credit report?

csryang — Sat, 17 May 2014 19:57:24 GMT

You are not entitiled to a free report based on not getting the best terms... You are almost always entitled to a free credit report from the credit card company whether or not you get approved or denied for a credit card.

Just wait till your card to arrive and you should receive a copy for your TU score in the same envelope.

Re: Am I entitled to a free credit report?

NikoD — Sat, 17 May 2014 20:13:59 GMT

I also recently got a Sallie Mae card with a high APR. With the card they sent the score that they used and said that I can get my free TU credit report within 60 days of receiving the notice.

Re: Am I entitled to a free credit report?

takeshi74 — Tue, 20 May 2014 14:19:43 GMT

@csryang wrote:
You are not entitiled to a free report based on not getting the best terms...

No, that does qualify. I recently received a free Experian report for that reason, sending the letter with the score, CRA used and reason(s) cited. Emphasis added below:

http://www.experian.com/disputes/free-discounted-reports.html

Free or Discounted Reports
Under the Fair Credit Reporting Act, you may be entitled to receive a free copy of your personal credit report if you have been notified within the last 60 days that you were declined credit, employment, insurance or rental housing opportunity or if adverse action has been taken against you, based on information from Experian, or if you received a notice that the terms of credit offered to you may be less favorable than the terms offered to consumers who have better credit histories. Additionally, you may be entitled to a free copy of your personal credit report if you certify in writing that you are unemployed and plan to seek employment within the next 60 days, or you are on public welfare assistance.

@csryang wrote:
You are almost always entitled to a free credit report from the credit card company whether or not you get approved or denied for a credit card.

I've never received a report resulting from an approval. The CRA's supply the reports -- not the creditors.