Building credit is important — but so is protecting it. Identity theft happens when someone steals your personal information and opens accounts or takes out loans in your name.

Signs of identity theft:

• You see accounts on your credit report you didn’t open
• You get bills or collection calls for things you never bought
• Your credit score suddenly drops without explanation

Simple ways to protect yourself:

• Check your credit report at least once a year (see above)
• Never share your Social Security number unless necessary
• Use strong, unique passwords and turn on two-factor authentication
• Don’t click suspicious links or attachments in texts or emails

If you’re a victim:

1. Visit identitytheft.gov
2. Report the fraud
3. Freeze your credit with all 3 bureaus (free and reversible)