In light of all the Apple Card apps and approvals/denials, it has been brought to light that people are having reports pulled from FactorTrust, which is apparently a loan-accented reporting sub-bureau of TransUnion. Due to this, and because Apple is the FOTM and it’s likely that many are having this report checked, I thought it would be a good opportunity to collect some DPs on this little-known bureau.
Reports are free annually or if declined for credit based on a FT report, and you can get yours by registering at
www.factortrust.com, which everyone should do just to check and see. One MFer I spoke with checked hers and found someone had tried getting a loan in her name a couple years back, which was her first knowledge of that.
I pulled mine and was surprised by two things - one, they had almost nothing in the report. No address, no bank account, no employer, no files or history. What was surprising to me and which I didn’t realize was that on 4/3/2019, Synchrony pulled my FT report during the approval process for my Lowe’s card. With this bureau just now getting known and noticed, it might be beneficial for others to chime in with other banks or lenders who have pulled their FT reports. This might me a more widespread-popular report than we’re aware of.
Anyone else who is willing, please drop info and DPs such as completeness of info they have collected on you and anyone who has pulled your reports. It may help someone down the road.
