If you are searching around for a mortgage or another kind of loan, a very low credit score can cause a greater interest rate or worse, denial. Some consumers have found a loophole--or so they think.
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It is called piggybacking. In case the accounts on which you are an authorized user has a favorable credit history, then you can view a increase in your credit rating. If you do not have a fantastic credit score, adding several of these accounts can increase your score s...Read Full Post »