An individual can obtain his credit report once every 12 months. In order to get updated credit reports, a person can request his report to one of the 3 bureaus: Equifax, Experian, and TransUnion, after every 4 months. In this way an accurate current credit status present with the bureaus can be obtained.
Credit reports hold critically important personal informations about a person and more preferably kept secret. Hardly anyone of us would like to share his credit report information with others. As they contain information about the residence of a person, his criminal records, had there been any, whether the person was sued, faced bankruptcy, and bill payment history.