A regular physical check up from your GP tells you how healthy you are. He tells you what steps should be taken to improve your health when something goes wrong. The same goes with a financial checkup. Getting regular credit reports helps you figure out how you can improve your finances. Remember, having good credit saves you money because creditors are more willing to give you a cheaper interest rate. And when your credit is good, it’s easy to qualify for a loan where you don’t have to present documents of your income and assets.