@Anonymous wrote:
@yesi-ts-me wrote:So I asked Amex rep. and later verified by asking Chase PB why most of their inquiries are from Experian. First, the Amex rep. said they have a contract with all 3 bereaus and when someone applies for a card, a request is sent to all 3 at once. Amex uses the 1st CRA that gives them a response. Chase said they do that but if the risk seems greater, they use the 2nd response also for analysis. (brought in a latte for the chatty Chase PB, was all excited and just wanted to talk).
This explaination makes soo much sense. The banker went on to tell me, if you see a particular bank pulling from 1 CRA, then they are only subscribed to that particular CB. So I got home and went to the credit pull database. Barclays uses Transunion even when you go state by state. Diners club also. Just interesting..
Interesting insight...
I guess i'm just the lucky loser who gets stuck with Experian all the time..
Nixon, I am in the same boat as you. All my inquiries are on experian. Nothing on Transunion and Equifax. What I forgot to add is it goes by how many inquiries each agency produces determines how much is paid. So think about it. The more inquiries you produces, the more $$$. Sort of a sales model. Why not have these 3 suckers compete for $$$. Which leaves me with another question though that I don't have an answer to. Say someone is shopping for a car, it always transunion or equifax 90% of the time. Really weird.
@yesi-ts-me wrote:
@Anonymous wrote:
@yesi-ts-me wrote:So I asked Amex rep. and later verified by asking Chase PB why most of their inquiries are from Experian. First, the Amex rep. said they have a contract with all 3 bereaus and when someone applies for a card, a request is sent to all 3 at once. Amex uses the 1st CRA that gives them a response. Chase said they do that but if the risk seems greater, they use the 2nd response also for analysis. (brought in a latte for the chatty Chase PB, was all excited and just wanted to talk).
This explaination makes soo much sense. The banker went on to tell me, if you see a particular bank pulling from 1 CRA, then they are only subscribed to that particular CB. So I got home and went to the credit pull database. Barclays uses Transunion even when you go state by state. Diners club also. Just interesting..
Interesting insight...
I guess i'm just the lucky loser who gets stuck with Experian all the time..
Nixon, I am in the same boat as you. All my inquiries are on experian. Nothing on Transunion and Equifax. What I forgot to add is it goes by how many inquiries each agency produces determines how much is paid. So think about it. The more inquiries you produces, the more $$$. Sort of a sales model. Why not have these 3 bereaus compete for $$$. Which leaves me with another question though that I don't have an answer to. Say some is shopping for a car, it always transunion or equifax 90% of the time. Really weird.
Car shopping typically ends with EX/EQ inquiries for me, maybe one or two TU pulls. We were adamant the last time about only pulling one report per bureau.
They held true to their word and we had one triple pull from the dealer, and one EQ pull from Ally Financial who approved us for 0%/72mo on the spot.
@Anonymous wrote:
@yesi-ts-me wrote:
@Anonymous wrote:
@yesi-ts-me wrote:So I asked Amex rep. and later verified by asking Chase PB why most of their inquiries are from Experian. First, the Amex rep. said they have a contract with all 3 bereaus and when someone applies for a card, a request is sent to all 3 at once. Amex uses the 1st CRA that gives them a response. Chase said they do that but if the risk seems greater, they use the 2nd response also for analysis. (brought in a latte for the chatty Chase PB, was all excited and just wanted to talk).
This explaination makes soo much sense. The banker went on to tell me, if you see a particular bank pulling from 1 CRA, then they are only subscribed to that particular CB. So I got home and went to the credit pull database. Barclays uses Transunion even when you go state by state. Diners club also. Just interesting..
Interesting insight...
I guess i'm just the lucky loser who gets stuck with Experian all the time..
Nixon, I am in the same boat as you. All my inquiries are on experian. Nothing on Transunion and Equifax. What I forgot to add is it goes by how many inquiries each agency produces determines how much is paid. So think about it. The more inquiries you produces, the more $$$. Sort of a sales model. Why not have these 3 bereaus compete for $$$. Which leaves me with another question though that I don't have an answer to. Say some is shopping for a car, it always transunion or equifax 90% of the time. Really weird.
Car shopping typically ends with EX/EQ inquiries for me, maybe one or two TU pulls. We were adamant the last time about only pulling one report per bureau.
They held true to their word and we had one triple pull from the dealer, and one EQ pull from Ally Financial who approved us for 0%/72mo on the spot.
My cars usually transunion and equifax. I wonder if it goes by state. I am in CT. I guess I just need my inquisitive mind to mind it's own business lol..
