A government study found that 26 % of consumers have at least one potentially material error that makes them look like a bigger risk than they really are. (debt.org)
A «confirmed material error» involves information that, when corrected, changed the consumer's credit report. (besttexascreditpros.com)
One may note, moreover, the provision of the Uniform Electronic Commerce Act on material error in dealing with automated merchants, a provision implemented in most Canadian jurisdictions. (slaw.ca)