Shopping for a car? Applying for a job? Look for a home? Or just getting your financial house in order? Then it's time to check your credit report.

Good news-- it's free. The law entitles you to one free copy of your credit report from each of the three nationwide credit reporting companies every 12 months.

Why is it important to check your credit report? It has important information about your financial accounts, how you pay your bills, and if you filed for bankruptcy. You want to make sure everything is accurate, especially before you buy a house or a car or apply for a job. If you notice something wrong, contact the credit reporting company and business providing the information to correct the error.

Checking your report can help you guard against identity theft. Visit ftc.gov/idtheft if you spot accounts that aren't yours.

How do you order your free credit report? Order online from annualcreditreport.com, the only authorized website for free credit reports, or call 1-877-322-8228. You will need to provide your name, address, social security number, and date of birth to verify your identity.

Keep in mind-- you're entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies. So the next time someone asks how's your credit, you'll have the answer. To order your free credit report, visit annualcreditreport.com or call 1-877-322-8228.