Credit Card Center Advertiser Disclosure

New Visitor
Posts: 2
Registered: ‎05-20-2009
0 Kudos

Can you still piggyback to build credit scores????

Hi, my husband & I have credit scores in the 500's, my husband has 1 repo from a mobile home in 1994 and he doesn't have anything he is making payments on, I have several doctor bill late payments and I am paying a car loan, we need a new mobile home, the one we have is old, it has several problems and is too small, we can't find anyone to work with us because of our credit scores and his repo, we also can't build credit with credit cards or other loans because we can't get any kind of credit we have tried. Is it possible to piggyback I have been reading alot about this? We don't have any family members who are buying things on credit or who have any credit built up, how would we find someone to piggback from? I have read about companies that find someone for you, how do I find these companies and make sure that they aren't a rip off? Has anyone used any of these companies before?



Moderator Emeritus
Posts: 32,865
Registered: ‎08-04-2007
0 Kudos

Re: Can you still piggyback to build credit scores????

Welcome to the forums!

Piggybacking isn't the way to go. Basically you are relying on a stranger and trust they will keep up with the payments, CC utilization and balances, etc. I bet with a little hard work, both your scores can be in the mid-600s within a short period of time. To my understanding, and I could be wrong, it is also illegal to piggyback and lenders will often question the source for the AU account.

First off, anything bad, like a repo, must come off no later that 7 yrs from the date you were first delinquent. If your first late happened in 1994, then it should have come off no later than 2001. If there is a balance owed, and you haven't paid since then, AND you are out of SOL, then I would dispute it with the CRAs as being obsolete. They can't reporting anything that old.

Per the medical bills, check out the Medical Debts section of these forums. You will find info on using the HIPAA process to remove those medical bills. That will help too.

Getting that first CC is tough. I'd recommend a secured CC to start. You wouldn't have to app blindly and even a small CL CC will help your FICO scores tremendously. BofA is a favorite here. Also try your local CU. AFter that reports, then the other CCs will be easy to get.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.