If I piggyback someones credit before September will I get a credit boost?

Question

If I piggyback someones credit before September will I get a credit boost?

Answer 1

FICO '08 has not kicked in yet so being an AU still does help a persons scores.

That is as long as the account is in, and remains in, excellent shape and the creditor reports it to your credit report.

If you are planning to purchase an AU account, I would strongly recommend that you do not do that for a couple reasons.

You may spend a great deal of money for the AU account and FICO '08 could kick in before you even have the chance to utilize it.

And, don't let anyone fool you, your personal information (name, address, etc) will show on the credit reports of the true card holder.

Only deal with people you trust, not strangers that could care less about your credit health.