Piggybacking credit is an option, but use it with caution

/2010-05-10/


Boost your credit score wisely

Assuming that your credit score "donor" has a solid credit history with strong records of on time-payments you definitely can benefit from being added to his/her credit card as an authorized user. However, earlier versions of piggyback scoring model that are still used by many lenders might currently not work right for you.

FICO's latest scoring model make difference between authorized account sharing and an another a bit unsafe form of credit score piggybacking where people pay to become authorized users of a completely strange credit card holder.


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