Do we have the right of copy to the credit report/score?

Deal Score0

I pre-approved for a mortgage loan in one bank. Of course, they run my credit report and score. Now, I want to pre-approve in another bank to have options and maybe better rate. Instead of having to open up again my credit report/score, do i have right to request for a copy of my credit report/score from the first bank?
I ask for it they said they can’t give me a copy because of privacy laws.

  1. Reply
    May 1, 2011 at 7:40 am

    in the U.S. They must give you the score page. Not the whole report. It is now part of RESPA. The new company cannot use some one Else’s credit report though. Sorry but that to is the way it goes.

  2. Reply
    May 1, 2011 at 8:12 am

    No, each lender must do their own independent credit score and report check. You can ask the credit bureau for a copy – you definitely have that right. I suggest you deal with a broker so you only have to do one credit check and then can access many lenders.

  3. Reply
    Sand Bag
    May 1, 2011 at 8:56 am

    Here is how it works, when a company checks your credit, it counts against your credit score. When you personally request a credit report, it has no effect on your score. You also should know that all home loan inquiries within 30 days are counted as one inquiry.

  4. Reply
    educated guess
    May 1, 2011 at 9:40 am

    No you do not get a copy of it. The only way you are entitled to it is if you are the one asking for it directly from the Credit Bureau.

  5. Reply
    May 1, 2011 at 9:49 am

    Why not just compare rates to ensure you’re getting the best deal?

  6. Reply
    May 1, 2011 at 10:21 am

    Did you know there are 3 Credit reports about you, not just 1?

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