"Piggybacking greatly helps to people with short credit history.
If you have a credit card since, say, 2001 and you add an authorized person with short credit history today, credit report of that person will reflect that joint account was open 2001 (not in 2009)."
"The biggest problem is not with credit card companies, but with people hooked up on having debt and buying things they can't afford.
So many people in America would whine about credit cards companies being greedy rather than managing their own debts."
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