FICO says ‘No More’ to credit piggy-backing starting September

Leila Search, my favorite lender, sent me link this past week letting me know that FICO will no longer allow borrowers to piggy-back on another’s credit history if they are listed on another’s card as an authorized user. What does this mean? It means if you are considering purchasing and were going to use someone else’ card history to boost your history, the latest you can do this is 90 days past September and only if you use the same bank that pulls your credit history in September to close the loan within 90 days! Better hurry up…