7 Staggering Stats About Credit Reports

http://www.mint.com/blog/credit/7-staggering-stats-about-credit-reports-1212/

 

 

 

When a consumer submits a dispute to the credit bureaus, which happens ~8 million times each year, the credit bureaus are able to resolve 15% of them without involving the furnishing party (normally a lender or collection agency).

That means 85% of the time when you dispute an item with a credit bureau they’re passing your dispute on to the furnishing party asking them to take on the legally required burden of investigating your dispute.

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