Q32: If your resolve an inaccuracy with one CRA will it automatically be corrected by all CRAs?

Demographic and experience categories Yes No Do not know
All respondents 19.9 ( 1.2) 40.3 ( 1.4) 39.8 ( 1.4)
AGE GROUP      
18 to 24 26.1 ( 4.6) 29.1 ( 4.8) 44.7 ( 5.1)
25 to 34 21.5 ( 2.9) 39.6 ( 3.5) 39.0 ( 3.5)
35 to 44 19.7 ( 2.7) 46.5 ( 3.4) 33.8 ( 3.3)
45 to 54 18.7 ( 2.5) 43.8 ( 3.3) 37.5 ( 3.2)
55 to 64 16.3 ( 2.6) 49.3 ( 3.7) 34.4 ( 3.5)
65 and older 18.6 ( 2.6) 32.5 ( 3.1) 48.9 ( 3.3)
INCOME      
Less than $25000 22.7 ( 1.9) 32.0 ( 2.1) 45.2 ( 2.3)
$25000 to $49999 19.3 ( 2.3) 39.7 ( 3.1) 40.9 ( 3.1)
$50000 to $74999 18.6 ( 2.9) 46.8 ( 3.5) 34.6 ( 3.4)
$75000+ 19.3 ( 2.9) 47.7 ( 3.4) 33.0 ( 3.2)
EDUCATION      
Less than high school 29.3 ( 3.4) 17.5 ( 2.8) 53.2 ( 3.7)
High school 21.4 ( 2.1) 34.0 ( 2.4) 44.6 ( 2.5)
Some post-secondary education 22.8 ( 2.6) 39.1 ( 2.7) 38.1 ( 2.8)
BA or more 12.5 ( 1.8) 55.2 ( 2.7) 32.3 ( 2.6)
ETHNICITY      
White 17.1 ( 1.5) 42.8 ( 1.9) 40.1 ( 1.9)
Black 21.1 ( 2.5) 42.6 ( 3.0) 36.3 ( 2.9)
Hispanic 32.7 ( 3.0) 22.9 ( 2.6) 44.4 ( 3.1)
Other 19.4 ( 5.0) 48.7 ( 6.4) 31.9 ( 5.8)
SEX      
Male 19.6 ( 1.9) 44.4 ( 2.3) 36.0 ( 2.3)
Female 20.2 ( 1.4) 36.7 ( 1.7) 43.1 ( 1.8)
EMPLOYMENT STATUS      
Actively employed (FT or PT) 20.0 ( 1.6) 43.5 ( 1.9) 36.5 ( 1.9)
Student 19.0 ( 6.4) 49.5 ( 8.5) 31.5 ( 7.4)
Not employed (homemaker, retired, unemployed) 21.0 ( 1.9) 33.6 ( 2.2) 45.3 ( 2.3)
Other 11.6 ( 3.9) 35.3 ( 5.8) 53.1 ( 6.4)
GEOGRAPHIC RESIDENCE      
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 19.4 ( 2.4) 42.0 ( 3.0) 38.7 ( 3.1)
Resident of another state 20.0 ( 1.3) 40.0 ( 1.6) 40.0 ( 1.6)
FINANCIAL AND CREDIT REPORT EXPERIENCE      
Obtained a credit report 18.0 ( 1.5) 48.5 ( 1.9) 33.6 ( 1.8)
Did not obtain a credit report 22.5 ( 1.9) 29.1 ( 2.1) 48.4 ( 2.2)
       
Obtained credit score 16.2 ( 1.9) 51.9 ( 2.5) 31.9 ( 2.4)
Did not obtain credit score 21.7 ( 1.5) 34.6 ( 1.7) 43.7 ( 1.8)
       
Disputed information on credit report 13.3 ( 2.1) 59.2 ( 3.3) 27.5 ( 3.0)
Did not dispute credit report information 21.3 ( 1.3) 36.1 ( 1.6) 42.5 ( 1.6)
       
Had an auto or mortgage loan 17.9 ( 1.3) 44.3 ( 1.7) 37.8 ( 1.6)
Did not have an auto or mortgage loan 26.6 ( 2.6) 26.8 ( 2.7) 46.6 ( 3.0)
       
Was a victim of identity theft 17.1 ( 3.4) 53.5 ( 4.4) 29.4 ( 3.9)
Was not a victim of identity theft 20.2 ( 1.2) 38.8 ( 1.5) 41.0 ( 1.5)
       
Obtained credit report due to an adverse action 19.9 ( 3.5) 43.5 ( 5.2) 36.7 ( 5.2)
Did not obtain credit report due to an adverse action 19.9 ( 1.2) 40.0 ( 1.5) 40.1 ( 1.5)

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