Only Genuine Authorized Users Benefit

Only Genuine Authorized Users Benefit

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There are two reasons your relationship to the primary account holder matters in terms of your credit building. In the past, companies offered "piggybacking" services, allowing people to pay money to be added as an authorized user to an established credit account with good history to boost their own credit score. In September 2007, FICO took away this piggyback privilege to prevent people from abusing the system. After enough people complained that this was unfair to legitimate authorized users, FICO amended their scoring model to account for genuine authorized users. Basically, if you are a genuine authorized user, such as a spouse or child, you will see a benefit from this shared credit.