http://yourfinishrichplan.com/blog/2008/04/16/improve-your-financial-iq-check-your-credit-reports-and-scores/ Where we put the emphasis on the personal in personal finance Wed, 09 Dec 2009 21:41:58 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://yourfinishrichplan.com/blog/2008/04/16/improve-your-financial-iq-check-your-credit-reports-and-scores/comment-page-1/#comment-371 admin Wed, 30 Apr 2008 06:58:56 +0000 http://yourfinishrichplan.com/blog/?p=46#comment-371 No joint credit doesn't count on your individual credit. Think about it, credit files are individual. Even when people get married, they don't merge their credit files, each person keeps his/her own reports and scores. There used to be the "piggy-backing" loophole (where you can benefit from someone's good credit history to boost yours, merely by adding you as a registered user on their account. But the Fair Isaac Corporation (the company that developed the FICO score) has issued an updated version of its credit score system, and the authorized user category will no longer have an impact on credit scores. No joint credit doesn’t count on your individual credit. Think about it, credit files are individual. Even when people get married, they don’t merge their credit files, each person keeps his/her own reports and scores. There used to be the “piggy-backing” loophole (where you can benefit from someone’s good credit history to boost yours, merely by adding you as a registered user on their account. But the Fair Isaac Corporation (the company that developed the FICO score) has issued an updated version of its credit score system, and the authorized user category will no longer have an impact on credit scores.

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