fico score?
there is a company that help`s with fico scores and thay use other people`s good credit to help those with bad credit ..for example ,thay add your name to a credit card in good standing and that boost your fico up ..but i forgot the name of the company..can anyone tell me the name ...
Public Comments
- I dont know the name of a company but u can try going to www.myfico.com it has tips on how to help your credit and explains how it works and all...
- It's Instantcreditbuilders.com. But it's a waste of money because in September the way credit scores are calculated is going to change so as to not take into effect authorized users anymore. Also it's going to be retroactive so any points that people have gained in the past they will lose when the credit bureaus update in October. This is thanks to people doing this so they could raise their credit scores and qualify for mortgage loans at rates they really were not qualified for. This has led to thousands of foreclosures all over the Country and the mortgage industry lobbied the FTC to make the change that is coming in September.
