How Often Do You Check Your Credit Report?

How Often Do You Check Your Credit Report?

This undated image provided by Groupon shows the company's new payment service launched Wednesday, Sept. 19, 2012, that allows businesses to run credit cards using an iPhone or iPod Touch. The announcement sent shares of the Chicago company 7 percent higher in morning trading on Wednesday. (AP Photo/Groupon)

The Consumer Financial Protection Board has issued its first ever report on consumer reporting agencies. We have all heard that we should check our credit reports regularly. But ABC's Aaron Katersky says most of us never check them.