
Would someone please explain what piggy back is?
In credit i thought i saw what is called piggy backing to get a credit rating, Thank you
Public Comments
- where you carry someone on your back.
- it is when someone who is younger gets on your back, while you are holding their thighs and their arms are around your neck... DUUUHHHHHHHHHHHHHH!
- from what i understand, its where a person with excellent credit allows a person with subprime credit to become an authorized user on their account. or they in essence become a cosigner for a credit card which is never used. the whole purpose is to raise the subprime person's credit to a higher rate faster than conventional methods.
- Piggybacking is when you allow someone to become an authorized user of your credit in order to boost their credit. It is ILLEGAL!
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