Real estate blog entries tagged with credit renting by Marc Brinitzer (Big Valley Mortgage)

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Home : Blogs : Marc Brinitzer : Marc Brinitzer's Blog : Tag "credit renting"

credit renting: An Update on Credit Score Piggybacking: Your Scores May Tumble - 11/22/07 02:35 PM

Last June I wrote an article entitled Is This The End of Credit Score Piggybacking? That article discussed the renting or selling of credit scores by good borrowers to fake good credit scores for bad ones. The practice of piggybacking credit has been used by parents to help their kids develop good credit scores. When accompanied by some education in the matter of building and maintaining good credit habits, this promotes the responsible use of credit. However, the bad guys have been using credit renting to cheat the system and the credit bureaus are about to slam the door shut. Here … (3 comments)

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Marc Brinitzer

Sacramento, CA

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Big Valley Mortgage

Office Phone: (916) 791-3760 x 340

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