Personal Finance

beachchica · Joined: 22 Aug 2007 Posts: 1

I read this awesome book a while ago that helped me raise my score almost 80 points since the end of June. Though the information was definately 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? Rolling Eyes

Rook · Joined: 06 Apr 2008 Posts: 4

It will not hurt your credit score to have additional lines of revolving credit, but of course it will hurt both you and your father's scores if either one of you starts missing payments.

I've mentioned this on other posts, but I am giving away a limited number of free books on credit repair and improving your score. It is free, no strings attached. I hope you will take the time to get a copy:

http://rookandpawnshop.wordpress.com/2008/04/03/heres-a-free-book-on-credit-repair-for-now/

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