Reading a credit report can be a little bit daunting, but it’s an important part of managing your credit and ensuring that your credit score is accurate.

Thats why the three national credit reporting agencies are giving people weekly access to monitor their credit report -- for free. Your credit report has information about your credit history and payment history -- information that lenders, creditors, and other businesses use when giving you loans or credit. Thats because everyone is eligible to get free weekly credit reports from the three national credit reporting agencies: Equifax, Experian, and Transunion. The credit reporting agencies are making these reports free for the next year. Notify the credit reporting agencies directly.