Q14g: Are checking account balances on credit reports?

Demographic and experience categories Yes No Do not know
All respondents 21.3 ( 1.2) 57.9 ( 1.4) 20.8 ( 1.2)
AGE GROUP      
18 to 24 27.6 ( 4.3) 48.4 ( 5.2) 23.9 ( 4.5)
25 to 34 20.6 ( 2.9) 64.2 ( 3.4) 15.3 ( 2.5)
35 to 44 16.7 ( 2.5) 66.4 ( 3.3) 16.9 ( 2.7)
45 to 54 21.3 ( 2.7) 58.0 ( 3.2) 20.7 ( 2.7)
55 to 64 23.1 ( 3.1) 53.1 ( 3.7) 23.8 ( 3.2)
65 and older 21.7 ( 2.7) 49.0 ( 3.3) 29.2 ( 2.9)
INCOME      
Less than $25000 27.0 ( 2.1) 49.0 ( 2.3) 23.9 ( 1.9)
$25000 to $49999 18.5 ( 2.3) 60.4 ( 3.0) 21.1 ( 2.5)
$50000 to $74999 17.4 ( 2.7) 61.0 ( 3.5) 21.6 ( 3.0)
$75000+ 19.7 ( 2.7) 64.8 ( 3.3) 15.5 ( 2.5)
EDUCATION      
Less than high school 28.9 ( 3.4) 38.0 ( 3.6) 33.1 ( 3.4)
High school 23.3 ( 2.2) 56.7 ( 2.5) 20.0 ( 2.1)
Some post-secondary education 17.4 ( 2.1) 67.7 ( 2.6) 14.9 ( 1.9)
BA or more 20.0 ( 2.2) 56.9 ( 2.7) 23.1 ( 2.4)
ETHNICITY      
White 20.7 ( 1.5) 59.2 ( 1.9) 20.1 ( 1.5)
Black 19.6 ( 2.5) 59.6 ( 3.0) 20.8 ( 2.5)
Hispanic 24.7 ( 2.8) 51.0 ( 3.1) 24.3 ( 2.6)
Other 23.9 ( 5.2) 54.2 ( 6.3) 21.9 ( 5.3)
SEX      
Male 23.0 ( 1.9) 56.7 ( 2.3) 20.3 ( 1.9)
Female 19.6 ( 1.4) 59.0 ( 1.8) 21.3 ( 1.4)
EMPLOYMENT STATUS      
Actively employed (FT or PT) 19.4 ( 1.6) 62.4 ( 1.9) 18.2 ( 1.5)
Student 19.9 ( 6.5) 59.1 ( 8.1) 21.0 ( 6.2)
Not employed (homemaker, retired, unemployed) 24.5 ( 2.0) 50.5 ( 2.3) 25.0 ( 2.0)
Other 24.2 ( 5.0) 48.9 ( 6.4) 26.9 ( 6.2)
GEOGRAPHIC RESIDENCE      
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 22.0 ( 2.6) 61.1 ( 3.0) 17.0 ( 2.3)
Resident of another state 21.2 ( 1.3) 57.4 ( 1.6) 21.4 ( 1.3)
FINANCIAL AND CREDIT REPORT EXPERIENCE      
Obtained a credit report 16.4 ( 1.4) 67.2 ( 1.8) 16.4 ( 1.4)
Did not obtain a credit report 27.9 ( 2.0) 45.2 ( 2.2) 26.9 ( 2.0)
       
Obtained credit score 16.7 ( 1.9) 69.2 ( 2.4) 14.2 ( 1.8)
Did not obtain credit score 23.5 ( 1.5) 52.4 ( 1.8) 24.1 ( 1.5)
       
Disputed information on credit report 9.2 ( 1.8) 74.1 ( 3.0) 16.7 ( 2.7)
Did not dispute credit report information 23.9 ( 1.4) 54.4 ( 1.6) 21.7 ( 1.3)
       
Had an auto or mortgage loan 19.7 ( 1.3) 61.0 ( 1.6) 19.3 ( 1.3)
Did not have an auto or mortgage loan 26.5 ( 2.5) 47.5 ( 3.0) 26.0 ( 2.5)
       
Was a victim of identity theft 21.8 ( 3.8) 60.1 ( 4.3) 18.0 ( 3.3)
Was not a victim of identity theft 21.2 ( 1.2) 57.6 ( 1.5) 21.1 ( 1.3)
       
Obtained credit report due to an adverse action 12.0 ( 3.0) 68.3 ( 4.8) 19.7 ( 4.3)
Did not obtain credit report due to an adverse action 22.1 ( 1.2) 57.0 ( 1.5) 20.9 ( 1.2)

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