Twenty-nine percent (29%) of the credit reports contained serious errors - false
delinquencies or accounts that did not belong to the consumer - that could result in the denial of
credit;
Forty-one percent (41%) of the credit reports contained personal demographic
identifying information that was misspelled, long-outdated, belonged to a stranger, or was
otherwise incorrect;
Twenty percent (20%) of the credit reports were missing major credit, loan, mortgage,
or other consumer accounts that demonstrate the creditworthiness of the consumer;
Twenty-six percent (26%) of the credit reports contained credit accounts that had been
closed by the consumer but incorrectly remained listed as open;
Altogether, 70% of the credit reports contained either serious errors or other mistakes of
some kind.
