What are some of the underlying factors or systemic faults in the credit reporting system that may lead to such a substantial and disconcerting discrepancy? What sort of measures do major credit reporting agencies undertake to address cases of unwarranted deceased status when faced with the use of credit reports, possibly implicating the individual in financial transactions, creditworthiness, and personal affairs? Please elaborate on the existing safeguards and procedural measures within the credit reporting ecosystem that are available in place to prevent such instances and make quick corrective measures in case consumers are misclassified as deceased on their credit reports.