Do you feel stuck in a never-ending cycle of high-interest debt? If so, you’re not alone. In fact, USA TODAY reports that around 80 percent of Americans are in debt. People accumulate debt for many reasons, but one of the […]
The Fair Debt Collection Practices Act was passed in 1977 to protect consumers’ rights. The Act prevents debt collectors from harassing and threatening consumers. This gives consumers options to legally dispute a debt they owe. The FDCPA covers personal debts […]
Having a creditor just forgive a loan outright or to cancel it for partial payment may seem like a godsend to most people. However, that debt forgiveness can have some serious repercussions that the average consumer may not consider. Your credit score does not […]
Through a method known as “credit piggybacking,” BoostMyScore adds you as an Authorized User (AU) to one or more high limit, low balance, seasoned credit cards, which drastically improves your credit score rapidly! While you do not receive the physical card or ability to use the credit line, you will receive the amazing benefit of having that particular credit card “copied and pasted” on to your credit report. This extreme increase in the limit to balance (utilization) ratio and overall average age of the revolving accounts on your credit report gives you the biggest possible FICO® score boost in 60 days or less, guaranteed! To learn more about how your credit works, and how piggybacking can boost your credit score, click the button below.
While BoostMyScore does not offer legal advice or opinions to determine if tradelines are legal, we have located extensive evidence to show it is not illegal. In an effort to better educate the FTC and the Colorado Attorney General, BoostMyScore has provided information about our business practices. We also have sought the opinions of several lawyers, none of whom found the tradeline piggybacking practice to violate the law.