Originally Posted by JMM

If you are looking to raise your credit score, there is an interesting option. You can rent someone else's credit. I learned about this last year when a company contacted my wife and I asking us if we wanted to rent out our credit to other people.

Here is how it work...

You pay a fee, I can't remember what it was cuz we didn't rent ours out. I think it was something like $1000.

The people with great credit add you as a signer on one or two of their credit card accounts. You don't get a card, and you don't have access to any of the account information, including the account number.

After your credit score jumps to the point you want it to be and you are able to buy the house/car/whatever you were interested in buying, or after you get your own credit cards, you are removed as a signer from the other persons account.

It was actually pretty interesting and I believe it is 100% legal.

Although, it doesn't have anything to do with removing bad items. The only way to remove bad items is dispute them and hope they don't respond, which they almost always do. However, when disputing items, keep in mind that by disputing them, they will actually stay on your credit report LONGER if they are not removed.