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CDIA Says "60 Minutes" Story Misleads On Credit Report Accuracy

Credit reporting agencies have a simple goal: we want to provide the most accurate data possible, and in those few situations when it's not accurate, we resolve 3 out of 4 disputes within 14 days.

While, as in any business, there are examples of disputes that are more difficult or instances where human-error impacts a result, we are proud that every statistically valid study has shown conclusively that the vast majority of credit reports are accurate and that  95 percent of disputes are handled quickly and to consumers' satisfaction.



SOURCE Consumer Data Industry Association

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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