Why you need your online credit report Find and challenge errors before they do harm to your credit matters.   Ensure that your credit report is accurate before important life events occur -- when you get married, change jobs, or apply for a mortgage.   Discover the reasons you've been granted or denied credit. The information you'll see on your report is what lenders use to make credit granting judgments about you.   Unfamiliar accounts or addresses may indicate possible fraud. Read your credit report carefully   You can see who has been looking at your credit report recently - creditors, landlords, employers? Too many inquiries may stop you from getting credit from some lenders.