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how might freezing your credit help you protect your personal informati…

Question

how might freezing your credit help you protect your personal information? 1 point
your credit information is locked for ten years but can be accessed by auto and mortgage lenders
all of your credit cards are canceled and removed from your credit file
your credit information is blocked to help prevent someone from opening accounts in your name
your credit report continues to include past credit information but does not include new accounts you open

Explanation:

Brief Explanations

To determine the correct answer, we analyze each option:

  • Option 1: A credit freeze doesn't have a fixed 10 - year lock with auto/mortgage lenders having access in a way that defines the main protection. Also, the 10 - year claim is incorrect as a credit freeze can be lifted and isn't a fixed 10 - year lock.
  • Option 2: Freezing credit doesn't cancel credit cards or remove them from the credit file.
  • Option 3: A credit freeze blocks access to credit information, which helps prevent identity thieves from opening new accounts in your name. This is the core purpose of a credit freeze.
  • Option 4: A credit freeze doesn't affect the inclusion of new accounts you open (you can still open accounts by temporarily lifting the freeze), and this description is incorrect.

Answer:

C. Your credit information is blocked to help prevent someone from opening accounts in your name