Which of the following is a reason to consider freezing your credit?

Freezing your credit is an essential strategy for protecting against identity theft. When you place a credit freeze, it restricts access to your credit report, making it extremely challenging for identity thieves to open new accounts in your name. Since a credit check is typically a requirement for lenders when applying for new credit, freezing your report acts as a significant barrier against unauthorized access. This proactive measure helps safeguard your financial identity and minimizes the risk of fraudulent activities.

While there are various motivations to manage your credit, the other options do not accurately reflect the purpose or outcome of freezing your credit. For instance, freezing your credit does not directly improve your credit score, increase loan limits, or secure lower interest rates; these outcomes are often linked to responsible credit behavior rather than restricting access to credit information.