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Help! One question: Does penny backing lower credit score?

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Money Talk > Personal Finance

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beachchica
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Help! One question: Does penny backing lower credit score?  Reply with quote  

I read this awesome book a while ago that helped me raise my credit score almost 80 points since the end of June. Though the information was definitely helpful, there was a suggestion the book made that i think may lower my score. The author talked about piggy backing on credit cards to raise my score. I piggy backed on my father who has pretty good credit card accounts but I here that this will no longer be available. and that it will lower my score starting on the first of september. Is there any way I can avoid this drop in my credit score? I'm just curious. Thanks for any further info. Rolling Eyes
Post Tue Aug 21, 2007 6:37 pm
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beachchica
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Thanks so much!  Reply with quote  

Thanks so much for this info! Wink
Post Wed Aug 22, 2007 5:40 pm
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dstern
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i don't think it will happen because it was your dad, they seem to be ok if its between family members.
Post Sun Sep 02, 2007 7:29 pm
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