building credit

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Tuesday, September 29, 2009

ICB Trade Lines - Piggyback Credit Increases FICO Score

Fair Isaac Corp., the company responsible for FICO credit scores, has decided that if it is a new version of its credit score system in September, is to close the gap, allowing the piggybacking. Angry proponents of piggybacking say they are struggling to organize a grass-roots campaign against the change. With piggybacking, to put a consumer with bad credit as authorized users on credit card of a person with an excellent credit rating. Authorized users will benefit from the ...



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