Q11: How much will a CRA charge for a copy of your credit report?

Demographic and experience categories Correct Do not know Incorrect
All respondents 44.6 ( 1.5) 45.4 ( 1.4) 10.0 ( 0.9)
AGE GROUP      
18 to 24 39.7 ( 5.2) 53.3 ( 5.2) 7.0 ( 2.4)
25 to 34 50.0 ( 3.6) 38.6 ( 3.5) 11.4 ( 2.3)
35 to 44 52.1 ( 3.4) 37.8 ( 3.3) 10.1 ( 2.2)
45 to 54 42.8 ( 3.2) 42.7 ( 3.2) 14.5 ( 2.4)
55 to 64 49.3 ( 3.7) 41.4 ( 3.6) 9.3 ( 2.3)
65 and older 33.8 ( 3.2) 59.5 ( 3.2) 6.8 ( 1.7)
INCOME      
Less than $25000 33.9 ( 2.2) 58.6 ( 2.3) 7.5 ( 1.3)
$25000 to $49999 43.9 ( 3.1) 44.8 ( 3.1) 11.4 ( 2.0)
$50000 to $74999 53.7 ( 3.5) 35.8 ( 3.4) 10.5 ( 2.2)
$75000+ 53.5 ( 3.4) 34.0 ( 3.2) 12.5 ( 2.3)
EDUCATION      
Less than high school 19.6 ( 2.8) 77.3 ( 3.0) 3.1 ( 1.2)
High school 40.2 ( 2.5) 52.8 ( 2.6) 7.0 ( 1.3)
Some post-secondary education 46.8 ( 2.9) 40.7 ( 2.8) 12.6 ( 1.9)
BA or more 55.7 ( 2.7) 31.4 ( 2.6) 12.9 ( 1.9)
ETHNICITY      
White 46.8 ( 1.9) 42.2 ( 1.9) 11.0 ( 1.2)
Black 47.4 ( 3.0) 42.4 ( 3.0) 10.3 ( 1.9)
Hispanic 31.0 ( 2.9) 63.8 ( 3.0) 5.2 ( 1.4)
Other 46.5 ( 6.4) 44.7 ( 6.4) 8.8 ( 3.6)
SEX      
Male 47.4 ( 2.4) 42.4 ( 2.3) 10.1 ( 1.4)
Female 42.3 ( 1.8) 47.8 ( 1.8) 9.9 ( 1.1)
EMPLOYMENT STATUS      
Actively employed (FT or PT) 50.6 ( 2.0) 38.5 ( 1.9) 10.9 ( 1.2)
Student 36.4 ( 8.6) 49.9 ( 8.5) 13.7 ( 5.4)
Not employed (homemaker, retired, unemployed) 34.8 ( 2.2) 56.8 ( 2.3) 8.4 ( 1.4)
Other 40.4 ( 6.2) 53.5 ( 6.4) 6.1 ( 3.1)
GEOGRAPHIC RESIDENCE      
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 49.0 ( 3.1) 40.9 ( 3.1) 10.1 ( 1.9)
Resident of another state 44.0 ( 1.6) 46.0 ( 1.6) 10.0 ( 1.0)
FINANCIAL AND CREDIT REPORT EXPERIENCE      
Obtained a credit report 54.3 ( 1.9) 33.8 ( 1.8) 11.9 ( 1.3)
Did not obtain a credit report 31.5 ( 2.2) 61.2 ( 2.2) 7.3 ( 1.2)
       
Obtained credit score 60.4 ( 2.5) 27.7 ( 2.2) 11.9 ( 1.7)
Did not obtain credit score 36.9 ( 1.8) 54.0 ( 1.8) 9.1 ( 1.0)
       
Disputed information on credit report 61.1 ( 3.3) 25.1 ( 2.8) 13.8 ( 2.4)
Did not dispute credit report information 41.0 ( 1.6) 49.8 ( 1.6) 9.2 ( 1.0)
       
Had an auto or mortgage loan 47.8 ( 1.7) 41.5 ( 1.6) 10.8 ( 1.1)
Did not have an auto or mortgage loan 34.1 ( 2.9) 58.4 ( 3.0) 7.5 ( 1.4)
       
Was a victim of identity theft 52.7 ( 4.4) 31.9 ( 4.0) 15.4 ( 3.3)
Was not a victim of identity theft 43.8 ( 1.5) 46.8 ( 1.5) 9.4 ( 0.9)
       
Obtained credit report due to an adverse action 53.1 ( 5.2) 33.8 ( 5.0) 13.2 ( 3.5)
Did not obtain credit report due to an adverse action 43.9 ( 1.5) 46.4 ( 1.5) 9.7 ( 0.9)

Percent estimates totaling 100% within each demographic and experience category, with standard errors in parentheses
 
GAO-05-411SP Credit Reporting Literacy Survey Data
Full Report: GAO-05-223