LThe Life Starter
0 of 6 complete0%
Lesson 5 of 6
Money · Guided lesson

Protect the file from fraud

Reduce the chance that someone opens or misuses credit in your name.

About 19 minutes Finish with a concrete deliverable
Federal Trade CommissionYour Source for a Truly Free Credit ReportYouTube
Course primer

Your Source for a Truly Free Credit Report

From Federal Trade Commission. Watch here or open it on YouTube .

Use the primer to establish context, then complete the original practice below.
Why this works

Understand the idea before touching the steps.

Monitoring tells you after something moves; a freeze can help stop new-credit access before it starts.

Do this

Follow these steps in order.

Take the action in each step; then use the deliverable below to prove the lesson is finished.

  1. 1

    Secure financial email and accounts with unique passwords and phishing-resistant multifactor authentication where available.

  2. 2

    Set transaction, login, balance, and new-inquiry alerts.

  3. 3

    Learn the difference between a credit freeze, fraud alert, and paid credit lock before choosing.

  4. 4

    Keep recovery information and bureau freeze credentials in a secure place separate from your everyday device.

Make it real

Your deliverable

A personal credit-defense checklist with alerts, freeze status, and recovery contacts.

Common mistake

Watch for this

Buying expensive monitoring while leaving email, phone, and bureau access weak.

You’re ready when

Prove it—don’t just recognize it.

You know which control prevents new access, which one signals risk, and how to recover each account.

Objective evidence · 3 questions

Quick knowledge check

Answer from the lesson—not from confidence alone. Score at least 2 of 3 to unlock completion.

Not yet passed

This curriculum-aligned check is scored automatically and stored with your account when signed in. It is an objective learning signal, but it has not yet been independently validated as a standardized assessment.

1Which action belongs in the recommended process for “Protect the file from fraud”?
2Which result is the clearest evidence that this lesson’s work is complete?
3Which choice matches the failure this lesson specifically warns against?
0 of 3 answeredEach question measures the action, evidence, or failure condition taught above.
Useful for this course

Tools, templates, and references

Credit utilization calculatorCalculate reported balance as a share of total limits.
Check current detailsReferences reviewed September 9, 2026. Lesson exercises are editorial synthesis; official rules come from the linked sources.
CFPB — Credit reports and scoresAnnualCreditReport.com — Authorized reports
5
One check remains

Pass the knowledge check above first.

Completion unlocks after a score of 2 out of 3. Then confirm that you produced the lesson deliverable.

Go to the knowledge check