Credit Scores & Credit Monitoring What To Do About Bad Credit How to Get a Free Credit Report When Denied Credit By LaToya Irby LaToya Irby Facebook Twitter LaToya Irby is a credit expert who has been covering credit and debt management for The Balance for more than a dozen years. She's been quoted in USA Today, The Chicago Tribune, and the Associated Press, and her work has been cited in several books. learn about our editorial policies Updated on September 23, 2022 Reviewed by Thomas J. Brock Reviewed by Thomas J. Brock Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial planning advice, and development of educational materials about life insurance and annuities. learn about our financial review board In This Article View All In This Article Adverse Action & Credit Reports Limits on Free Credit Report Other Denial Factors Annual Credit Report Access Photo: Johnnie Davis / Getty Images When you apply for certain credit-related products and services, the creditor may review a copy of your credit report to figure out whether you qualify for an account. If there's information in your credit report that doesn't meet the creditor's standards, e.g. too many new accounts, the creditor may deny your application. Note Creditors may also charge a higher interest rate or security deposit if your credit score is low. Adverse Action and Your Free Credit Report The Fair Credit Reporting Act, the law that governs credit reporting, requires you to be sent an adverse action letter whenever you have an application denied because of information in your credit report. The adverse action letter should explain the reasons you were denied and inform you of your right to receive a free copy of the credit report that was used in the decision. Note An adverse action is a creditor's decision not to approve an application for new credit or to increase the amount of available. The decision might be based on credit history, but other factors can also play a role. You'll only have about two months—60 days—to order your free credit report. Respond quickly if you want to receive a free full copy of your credit history. The adverse action letter will include the name and address of the credit bureau that provided the credit report used in the decision along with instructions for order your free credit report. Each of the three major credit bureaus also has a web page with information on ordering adverse action credit reports. You may be able to get your free credit report online rather than send a letter or call for access. Equifax Experian or call 1-866-200-6020 TransUnion Limits on Free Credit Report In the case of an adverse action, you're only entitled to order a free credit report from the credit bureau who provided the report used in the creditor's decision. For example, if the lender reviewed your Equifax credit report to process your application, you're only entitled to a free Equifax credit report. The credit bureaus know whether to provide a free copy of your credit report based on your recent credit inquiries. Note The creditor, not the credit bureau, made the decision to deny your application. The company you applied with is the best place for any questions about why you were denied. Make sure you order the free copy of your credit report to understand the information that led to your application being denied. It may be due to high balances, late payments, collection accounts, or even errors. If there's inaccurate information in your credit report, you can dispute it with the credit bureau to have it corrected. Once your credit report is updated with the correct information, you can resubmit your application for a better chance of being approved. Other Denial Factors You can only order this specific free credit report when the information in your credit report was the reason you were denied. For example, if you were denied because your income was too low, you don’t qualify for a free credit report under this particular section of the Fair Credit Reporting Act. The creditor is still required to send a letter explaining why you were denied, but the letter will not include instructions for ordering a free credit report. Annual Credit Report Access The credit report you get when you're denied credit is in addition to the annual credit report that you can normally order once a year from the three credit bureaus through AnnualCreditReport.com. Note You can get one free credit report per week from Equifax, TransUnion, and Experian through December 2023 at AnnualCreditReport.com. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. Federal Trade Commission. "Fair Credit Reporting Act—15 U.S. Code § 1681m—Requirements on Users of Consumer Reports." Pages 61-64. Federal Trade Commission. "Disputing Errors on Credit Reports." Consumer Financial Protection Bureau. "Equal Credit Opportunity Act § 1002.9 Notifications."