What About Errors In My Profile
A research project by U.S. Public Interest Group in June of 2007 published these results based on interviewing 400 adults in 20 states.
Here are the findings:
- Twenty-five percent (25%) of the credit reports contained errors serious enough to result in denial of credit.
- Seventy-nine percent (79%) of credit reports contained mistakes of some kind.
- Fifty-four percent (54%) of the credit reports contained personal demographic information that was misspelled, long out dated, belonged to a stranger, or was other wise incorrect.
- Thirty Percent (30%) of the credit reports contained credit accounts that had been closed by the consumer but incorrectly remained listed as open.