Comments on: Low credit score? Just add some trade lines from a credit repair company….. http://www.dallasloanguy.com/wordpress/low-credit-score-just-add-some-trade-lines-from-a-credit-repair-company/ A repository for some of my writings Tue, 06 Jan 2009 20:56:08 +0000 http://wordpress.org/?v=2.0.5 by: tomburri http://www.dallasloanguy.com/wordpress/low-credit-score-just-add-some-trade-lines-from-a-credit-repair-company/#comment-83 Wed, 16 May 2007 16:26:42 +0000 http://www.dallasloanguy.com/wordpress/low-credit-score-just-add-some-trade-lines-from-a-credit-repair-company/#comment-83 Andre, Having an AU account isn't a bad thing. My problem is with 'manipulating' the FICO. Like getting added to Mommy's credit card for that 30 point FICO boost to get into a loan pool that you really do not belong. I see this as a future problem. I think 99.99% would agree that the online services is fraud!!!! Andre,

Having an AU account isn’t a bad thing. My problem is with ‘manipulating’ the FICO. Like getting added to Mommy’s credit card for that 30 point FICO boost to get into a loan pool that you really do not belong. I see this as a future problem.
I think 99.99% would agree that the online services is fraud!!!!

]]> by: andre http://www.dallasloanguy.com/wordpress/low-credit-score-just-add-some-trade-lines-from-a-credit-repair-company/#comment-82 Wed, 16 May 2007 16:04:21 +0000 http://www.dallasloanguy.com/wordpress/low-credit-score-just-add-some-trade-lines-from-a-credit-repair-company/#comment-82 i agree that having a service that hooks u up with a stranger's credit card should be regulated or discontinued. However, I disagree that the loan should be denied if a loan officer found out. First it would be next to impossible for a loan officer to find out, it'll appear as just another trade line, no reason to investigate it...it just wouldnt happen. Nextly the redit bureaus do so many things that are geared towards ruining your credit it's ridiculous, i see handling your credit like playing a game. Credit rating should be simple, do u have bills and do u pay them...nothing else should matter but everything from how many times someone looked at your credit to whether you use more than 30% of your available credit is factored and i think that is ridiculous since most creditors dont look at anything more than your credit score and your score fluctuates based on things that have nothing to do with you paying your bills...I don't want to get on a soap box because i could go on forever discussing the illogical practices of the bureaus but I feel if you figure out how to play their game, legally, you should go for it. i agree that having a service that hooks u up with a stranger’s credit card should be regulated or discontinued. However, I disagree that the loan should be denied if a loan officer found out. First it would be next to impossible for a loan officer to find out, it’ll appear as just another trade line, no reason to investigate it…it just wouldnt happen. Nextly the redit bureaus do so many things that are geared towards ruining your credit it’s ridiculous, i see handling your credit like playing a game. Credit rating should be simple, do u have bills and do u pay them…nothing else should matter but everything from how many times someone looked at your credit to whether you use more than 30% of your available credit is factored and i think that is ridiculous since most creditors dont look at anything more than your credit score and your score fluctuates based on things that have nothing to do with you paying your bills…I don’t want to get on a soap box because i could go on forever discussing the illogical practices of the bureaus but I feel if you figure out how to play their game, legally, you should go for it.

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