A free annual credit report can be very important and helpful to us. By reviewing our credit reports, we can improve our financial health and we can avoid being involved in fraud and identity theft. Credit reports are provided to us by major credit bureaus for free once a year for us to review information about our past credit activities. However, they are only forwarded to us upon request. A credit report includes many things. It includes details such as past and present addresses, dates, names of whom you borrowed from, your current balances, old and new credit card accounts, etc. All of this information is implicated in credit reports. Credit reports do not contain information of individuals only, but it also contains records of companies as well. It is advisable to check your personal credit report for at least twice a year. By this way, you can be assured that the information on your credit report is correct.