Thread: Piggybacking?? Boostmyscore.net??

Looking for some advice on this... I am looking into anyway to improve my credit I have started all I can do to remove any and all negative remarks/collections/etc.. Now I am looking for the next thing...
Looked into boostmyscore.net.. Have seen and understand what it is and how it works... I am just trying to get some feedback in how much if any how quickly if ever.. this will improve.. say adding 6-7 years credit history balance of 0 with 12k limit. just some ballpark figures i saw and would make since because of my age....
I have a
662 trans
630 experi
612 equifax
and my
open credit card utilization is always between 0-5%----A rating
% of ontime payments 99.33%---- B rating
average age of open credit lines 2years 6 months..----- D rating
Total accounts 14-----C rating
Hard credit inquires 2----B rating
deragatory marks 3-----D rating


Any input would again be great and thanks for any in advance!
Dan

Originally Posted by sajooka

Looking for some advice on this... I am looking into anyway to improve my credit I have started all I can do to remove any and all negative remarks/collections/etc.. Now I am looking for the next thing...
Looked into boostmyscore.net.. Have seen and understand what it is and how it works... I am just trying to get some feedback in how much if any how quickly if ever.. this will improve.. say adding 6-7 years credit history balance of 0 with 12k limit. just some ballpark figures i saw and would make since because of my age....
I have a
662 trans
630 experi
612 equifax
and my
open credit card utilization is always between 0-5%----A rating
% of ontime payments 99.33%---- B rating
average age of open credit lines 2years 6 months..----- D rating
Total accounts 14-----C rating
Hard credit inquires 2----B rating
deragatory marks 3-----D rating


Any input would again be great and thanks for any in advance!
Dan

It is great to hear that you check out our website. How quickly you see results depends on which card you chose to purchase. Each card as it's own monthly reporting date, so you could see results in just a few weeks or it could take up to 60 days. The results you see from the cards depends on what is currently on your credit report. Please email me directly and we can go over your specific situation. Thanks! Heather with BoostMyScore.NET

Your credit utilization ratio is already good, so I wouldn't worry about that. Based upon the information you've given, it looks like the negative marks as well as the length of your credit history are really what's holding your FICO scores back. Remove those negative marks, and your scores should improve quite a bit. That's where your focus should be, along with continuing to build positive payment history by always making payments in full and on time.

Regarding your length of credit history, it actually accounts for a much smaller portion of your FICO scores (15%). Piggybacking still works and it's a tool parents use all the time to help their children build credit from a young age. My first recommendation is always to see if you can piggyback on a family member or spouse's good credit. That's the ideal way to get it done.

Finding a family member or a friend to add you as an authorized user to one of their existing credit cards with perfect payment history is best. Just make sure they are able to maintain a low balance as well (10% or less of the credit limit). If you can't find anyone to help you. That is where BoostMyScore.NET comes in to help you achieve your financial goals. Thanks! Heather with BoostMyScore.NET