True stories are based on facts and there is always some closure. It is a sequence of events that has actually taken place at some time. Though collecting factual information can be a time consuming process, there is little scope for distortion of facts.

Newspapers and news magazines are supposed to report news stories based on facts. However, the news stories can paint an incorrect picture  by providing only partial information or highlighting only the negative aspects. The personal prejudices of the editor and the business interests of the publisher also affect the bias in the media. For many news stories, there is no right or wrong, it is up to the reader to read between the lines and make his or her judgment about what works and what does not.

Fiction consist of stories which are made up by the author. While the written word in the form of stories and novels is considered fiction, most people create a lot of works of fiction  in their life, in the form of stories they tell each other. Many fabricated tales (or lies) in real life remain unfinished, to cover up for one story, you tell another and there is never an end to the stories you make up, unless you admit your mistake.