Those looking for the best free credit report will be pleased to know that federal law requires the big three credit agencies — Equifax, Experian, and TransUnion — to provide one free credit report every year. Checking these credit reports is important as doing so can help you avoid becoming a victim of identity theft and gives you some idea of your overall creditworthiness. These major credit bureaus offer a way to access these reports through a site called AnnualCreditReport.com, though this is not the only way you can obtain a free report. Other companies offer free credit reports when you sign up for a trial membership of their credit monitoring services. While having to create and then unsubscribe to an account may not be appealing to some, getting access to a free credit report may be worth that extra hoop that you have to jump through.