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79% of all credit reports contain mistakes |
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54% of all credit reports contain personal information that is long outdated, belongs to a stranger, or is otherwise incorrect |
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30% of all credit reports contain accounts that are closed by the consumer but continue to be reported as open |
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25% of all credit reports contain errors serious enough to result in the outright denial of credit |
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Credit Management Current Statistics
Credit Type |
(Equifax)
% Altered |
(Experian)
% Altered |
(TransUnion)
% Altered |
| Judgements |
58.32% |
43.78% |
51.27% |
| Garnishments |
93.33% |
87.50% |
84.21% |
| Liens |
40.19% |
41.11% |
51.36% |
| Bankruptcies |
38.42% |
28.49% |
27.91% |
| Collections |
45.74% |
54.57% |
52.89% |
| Derogatory |
35.08% |
36.56% |
37.46% |
| The above statistics are the total ALTERED account percentages for all our customers.
ALTERED meaning, either DELETED or UPDATED to a better status. The above is calculated by comparing the number of altered items to the number of disputed negative items. |
Credit Type |
(Equifax)
% Deleted |
(Experian)
% Deleted |
(TransUnion)
% Deleted |
| Judgements |
99.42% |
98.67% |
99.65% |
| Garnishments |
100.00% |
100.00% |
100.00% |
| Liens |
99.79% |
99.91% |
99.19% |
| Bankruptcies |
99.31% |
98.55% |
97.93% |
| Collections |
99.56% |
99.80% |
99.76% |
| Derogatory |
93.82% |
97.65% |
98.06% |
| The above statistics are the actual percentage of items DELETED. |
Credit Type |
(Equifax)
% Updated |
(Experian)
% Updated |
(TransUnion)
% Updated |
| Judgements |
0.58% |
1.33% |
0.35% |
| Garnishments |
0.00% |
0.00% |
0.00% |
| Liens |
0.21% |
0.09% |
0.81% |
| Bankruptcies |
0.69% |
1.45% |
2.07% |
| Collections |
0.44% |
0.20% |
0.24% |
| Derogatory |
6.18% |
2.35% |
1.94% |
| The above statistics are the actual percentage of items UPDATED. |
Statistics were last calculated on 02/05/12 @ 03:00 AM.
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