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Released: June 08, 2011
Are serious errors lurking in your credit report?
Source: Tara Siegel Bernard, NY Times (Free Registration)
How accurate is the all-important data in your credit report? It depends on whom you ask. Previous estimates of credit reports with serious errors vary widely, anywhere from 3 to 25 percent. But according to a recent study paid for by the Consumer Data Industry Association, the trade group for the credit bureaus that assemble and sell credit reports, that rate is much lower. Consumer advocates, meanwhile, were skeptical of those results.Read Full Article: Are serious errors lurking in your credit report?
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