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On July 31, Fair Isaac announced that its latest credit-scoring model, dubbed “FICO 08,” will include authorized user accounts when calculating someone’s FICO credit score.- advertisement -

The company estimates that 50 million consumers are “legitimate” authorized users on someone else’s credit card. Legitimate authorized users, such as spouses, parents and children, have relationships with the primary accountholders and reasons to share access to the accounts.

FICO 08 was originally designed to ignore authorized user accounts, in an effort to stem “piggybacking” on a stranger’s credit card and artificially inflating one’s score.

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