Credit Reports and Scores

[ree-Xi]

Originally Posted by Drolefille

Ok, so first off you probably didn't get scammed if you bought it through AMEX.

Second off you should have been able to get a free credit report following the rejection of your credit for the checking account. That's pretty standard.

Assuming everything accurate on the report, credit's been tightened up a LOT recently and it may be less about your number and more about your history or something along those lines.

Everyone is entitled to a free credit report from each of the credit bureaus, every 12 months. Some financial advisers recommend spacing the three different reports out over the course of a year so that you can monitor it regularly.

You're also entitled to a free report if you've been denied credit or a few other situations (check the FTC website).

However, in 2004, the FTC allowed the three bureaus to charge a "fair and reasonable fee" (currently around $7-10) to get the actual score from each.