BiggerPockets

I doubt Alabama has a law keeping lenders from providing a copy of your credit report since it seems anti-consumer to do so, but I am not familiar with its laws.

It is probably the lender's company policy. They are not required to provide you copy by (federal) law so they are within their rights to decline your request. However, you can contact the credit bureau's to get your own copy for free within 60 days.

You can go online and have a copy of all three of your CB's in less than 20 minutes.

I know even if you are turned down for the loan you can get a copy of your credit score. They have you sign their statement and then they are required to send to you by mail a letter as to why you were turned down. That is when you can ask for a copy. Ask for a manager to see if it is the company policy. You will not get the copy of your credit score this time within your time frame but you will know next time not to go to that lender.

It all depends on where the loan officer pulled the credit. If you paid for it then yes you should get a copy. However as a loan officer i can pull credit for free off of taylorbean.com but they don't allow me to print it. So it all depends on the source of the credit report. Whenever someone pays me to pull a report i use landsafe which makes the report a nice PDF file which i can then send to them after i have received their signed credit application

it's the banks/lenders property unless you paid for it.

besides, many credit reports pulled by banks/lenders are very difficult to read by the common folk. it's not like the pretty ones you get when you pull it from sites.

www.annualcreditreport.com is a COMPLETELY free site. you are allowed to pull once a year from each bureau. also, keep in mind that when you (the consumer) pulls your own credit report, it does NOT go against your score in any way, shape, or form.

i, myself, have an id alert that i get through work that gives me 24/7 access to all 3 scores an reports. pretty awesome stuff.

I owned a mortgage bokerage and I always emailed a copy and provided a hard copy to my clients. Most loan officers are afraid of the borrower shopping them around with a copy of the credit report. I was never afraid and if they shopped, it meant they weren't entirely comfortable with me.

I run credit reports and one of the terms with the credit company is that I am not permitted to give copies of the reports or any information about the reports to the applicant.

If they are rejected, I am required to give them a letter that allows them to get a free copy of their credit report.

As far as I know, California is the only state that requires that a copy of the credit report be given to the applicant if the applicant paid for it.

I'm going to guess, that since the credit company keeps a record of every place that a person applies for credit, They don't want the consumer to walk around witha copy so that their loan applications don't show up on their credit report.

There exists the possibility that a cheat could get a new car, new tv, new wardrobe, new hot tub, all from Creditors that didn't know they were on a buying spree. After all, it's not a rare practie from those who know they are going to file for bankruptcy. They go on a huge buying spree and then hide the goodies away and file.