Sentences with phrase «piggybacking schemes»

Some regulators privately concede that the piggybacking schemes are exploiting a loophole in the federal Equal Credit Opportunity Act.

To discourage for - profit piggybacking schemes in which authorized user trade lines are «sold» to strangers looking to repair their credit, the latest versions of the FICO scoring formula, beginning with the FICO 8 model, provide less of an incentive for exploitation by reducing the positive scoring impact from an authorized user account than for one held as the primary account holder, either individually or jointly.

Not exact matches

Having said all of that, bitconnect was a ponzi scheme trying to piggyback on the crypto craze.

The «Consent to Contact» scheme, developed by the Wellington and Meredith Children's Centres in Ipswich, involves reaching out to vulnerable families by «piggybacking» onto the work of other agencies.

WASHINGTON — So - called «piggyback» credit - score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer.

What are being called piggyback credit - score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer.