How to Build a Good Credit Score
Credit is one thing we all can’t live with, yet can’t live without, at the same time. As much as we like the thought of not owing anything to anyone, there are inevitable times that borrowing is a grave need. And when that time comes, good credit score is certainly of help.
Categories: Credit Score Videos Tags: anyone, borrowing, Good Credit Score, owing, time
Q&A: Anyone have experience “renting out” your good credit?
Question by sal: Anyone have experience “renting out” your good credit?
I wish I understood this concept better. Saw an article in the paper about a way to make money if you have good credit and some credit cards. The company name is ICB credit investors. They hook you up with people who need better credit to buy a house. Somehow you make money at no risk by letting these people with bad credit “rent” your good credit?
Best answer:
Answer by pharmdawgz
Don’t do it. If the people “renting” your credit go bankrupt or stop paying their bills, your credit will get dinged because it’s your credit they bought their stuff on.
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Categories: Credit Score Questions Tags: anyone, Credit, experience, Good, renting