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.