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What happened to PiggyBacking?

coltensmom06
Contributor

What happened to PiggyBacking?

I was reading up on PiggyBacking as my brother is going to be an AU on my parents acct to get a head start on his credit.  Pretty much all the info I could find was form back in 2007 when this was a pretty big issue.

 

Does anyone know if FICO is not using those accounts to determine a score like they said they were going to?

 

I read that there were some businesses that were selling Piggybacking (I dont know if I am using the right terminology) on good TL's but that was put to an end.  So maybe they still use it as a factor to determine the score?


Starting Score: 01/2010 EQ 610 TU 737
Current Score: EQ 662 TU 672
Goal Score: EQ 700 TU 700


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coltensmom06
Contributor

Re: What happened to PiggyBacking?

Nevermind, I figured it out.  Read Credit 101

Starting Score: 01/2010 EQ 610 TU 737
Current Score: EQ 662 TU 672
Goal Score: EQ 700 TU 700


Take the FICO Fitness Challenge
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