Quote:
Originally Posted by Profits of Doom
They might be able to get a credit card in which the FICO score only is checked, but the first time they try to get a loan where their credit report is scrutinized they will be turned down. It is only a good boost to build your own credit from there (ie get your own credit cards), but it won't help you get a loan of any importance other than a credit card. Believe me when I tell you the rules have changed and what used to work doesn't still.
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Ok, if you are talking manual review and you only have AU accounts and no primary accounts of your own - you might be somewhat correct.. Au accounts help a thin file and someone who might have some baddies on there... manual review for auto's (Auto enhanced score is used), mort's, etc yep... You might get approved but if the file is too new, thin, so many other things it might not help as much.. Score wise, np and I agree - Au helps but you need your own too....