Free Credit ReportsYour credit report tells lenders about your history of paying bills and is used by them to decide whether to loan you money and how much to charge. It is your legal right to access your credit report annually from each of the three credit reporting agencies: Equifax, Experian and TransUnion. You will want to review it for accurate and complete information. You may dispute incorrect information and request that it be corrected. This is a great way to prevent identity theft also.