Credit report is a report of your over all financial transaction which a person has had done in the past.
Usually the bureaus collect these information from the creditors and update the sheet of the customer.
This needs top be updated not only from the creditors end but also fro the end of the customer.
There are many information like the personal details of the customer, any credit the customer has taken, the payment history of the customer is taken into account or if any creditor has made any inquiry regarding the customer is also put down as a parameter while calculating the credit sheet.
If a customer needs a copy of his credit score he does not have to do much he just needs to submit an application online to the bureau and he can get the report.
An online report is of great convenience because the customer can go ahead and review his report on a timely basis.
On the other hand the customer can go ahead and raise a dispute with the bureaus if he finds his credit report hay wire.
The convenience of getting it online is that the customer has the facility of getting corrections done on his credit sheet without going to the bureau physically.
There are also cases in which the customers off late transactions have not been put down in the sheet remedy of such cases can be done at the earliest if the sheet is available online.
In case of any errors the customer can pick up the phone and contact his bureau regarding his credit sheet.
Online credit sheet is a cost effective method of keeping the credit sheet of the customer updated and clean.