Q26: Can you dispute information on your credit report?

Demographic and experience categories Yes No Do not know
All respondents 89.8 ( 0.8) 1.5 ( 0.3) 8.7 ( 0.8)
AGE GROUP      
18 to 24 84.3 ( 3.5) 1.2 ( 1.2) 14.5 ( 3.4)
25 to 34 88.5 ( 2.2) 1.7 ( 1.0) 9.7 ( 2.0)
35 to 44 92.7 ( 1.6) 1.6 ( 0.6) 5.7 ( 1.5)
45 to 54 94.0 ( 1.3) 0.8 ( 0.4) 5.1 ( 1.2)
55 to 64 94.5 ( 1.5) 1.6 ( 0.9) 4.0 ( 1.2)
65 and older 85.2 ( 2.2) 2.4 ( 0.9) 12.3 ( 2.0)
INCOME      
Less than $25000 81.4 ( 1.8) 3.7 ( 0.9) 14.9 ( 1.6)
$25000 to $49999 91.1 ( 1.6) 1.8 ( 0.8) 7.1 ( 1.4)
$50000 to $74999 95.6 ( 1.3) 0.0 ( 0.0) 4.4 ( 1.3)
$75000+ 95.3 ( 1.6) 0.0 ( 0.0) 4.7 ( 1.6)
EDUCATION      
Less than high school 71.9 ( 3.2) 6.4 ( 1.7) 21.7 ( 2.9)
High school 87.3 ( 1.7) 1.9 ( 0.7) 10.8 ( 1.6)
Some post-secondary education 92.7 ( 1.4) 0.7 ( 0.5) 6.6 ( 1.3)
BA or more 95.5 ( 1.1) 0.3 ( 0.3) 4.1 ( 1.1)
ETHNICITY      
White 92.2 ( 1.0) 1.2 ( 0.4) 6.7 ( 0.9)
Black 88.7 ( 1.8) 1.4 ( 0.6) 9.9 ( 1.7)
Hispanic 78.4 ( 2.5) 3.6 ( 1.1) 18.0 ( 2.3)
Other 90.9 ( 3.6) 1.5 ( 1.5) 7.7 ( 3.3)
SEX      
Male 91.3 ( 1.3) 1.6 ( 0.5) 7.1 ( 1.2)
Female 88.5 ( 1.0) 1.5 ( 0.4) 10.0 ( 1.0)
EMPLOYMENT STATUS      
Actively employed (FT or PT) 92.4 ( 1.0) 1.2 ( 0.4) 6.4 ( 0.9)
Student 87.4 ( 4.6) 0.0 ( 0.0) 12.6 ( 4.6)
Not employed (homemaker, retired, unemployed) 85.7 ( 1.5) 2.6 ( 0.7) 11.7 ( 1.4)
Other 84.4 ( 5.4) 0.7 ( 0.7) 14.8 ( 5.4)
GEOGRAPHIC RESIDENCE      
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 91.4 ( 1.8) 1.3 ( 0.6) 7.2 ( 1.7)
Resident of another state 89.5 ( 0.9) 1.6 ( 0.4) 8.9 ( 0.8)
FINANCIAL AND CREDIT REPORT EXPERIENCE      
Obtained a credit report 94.5 ( 0.8) 0.9 ( 0.3) 4.6 ( 0.8)
Did not obtain a credit report 83.2 ( 1.6) 2.5 ( 0.7) 14.3 ( 1.5)
       
Obtained credit score 96.4 ( 0.8) 0.6 ( 0.3) 3.0 ( 0.8)
Did not obtain credit score 86.5 ( 1.1) 2.0 ( 0.5) 11.5 ( 1.1)
       
Disputed information on credit report 95.7 ( 1.3) 0.6 ( 0.4) 3.7 ( 1.2)
Did not dispute credit report information 88.5 ( 1.0) 1.7 ( 0.4) 9.8 ( 0.9)
       
Had an auto or mortgage loan 92.2 ( 0.9) 1.4 ( 0.4) 6.4 ( 0.8)
Did not have an auto or mortgage loan 81.6 ( 2.1) 2.0 ( 0.6) 16.4 ( 2.0)
       
Was a victim of identity theft 87.2 ( 2.6) 1.7 ( 0.9) 11.1 ( 2.5)
Was not a victim of identity theft 90.0 ( 0.9) 1.5 ( 0.4) 8.4 ( 0.8)
       
Obtained credit report due to an adverse action 91.7 ( 2.2) 0.8 ( 0.6) 7.5 ( 2.1)
Did not obtain credit report due to an adverse action 89.6 ( 0.9) 1.6 ( 0.4) 8.8 ( 0.8)

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