Credit Related Facts and Figures

• 79% of all credit reports contain mistakes
• 54% of all credit reports contain personal information that is long outdated, belongs to a stranger, or is otherwise incorrect
• 30% of all credit reports contain accounts that are closed by the consumer but continue to be reported as open
• 25% of all credit reports contain errors serious enough to result in the outright denial of credit

Source: Crednology, Inc - The necessity for fair and accurate credit reporting from the three major credit reporting agencies: Equifax, Transunion, and Experian.- 24/7 Online Access http://www.crednology.com

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