'Piggybacking' Your Way to Better Credit?

Loopholes in Piggybacking

Like other critics, Brosnan said he believes the practice is illegal.

"I lose business because I'm complying with the law," he said.

Watts said that, starting next year, Fair Isaac will implement measures designed to stop people from successfully raising their credit scores through piggybacking. Watts said he couldn't elaborate on how the measures will work because Fair Isaac wants to prevent credit repair agencies from trying to circumvent the new system.

Mansour is confident, however, that Fair Isaac won't be successful and that his business is secure. The firm, he added, had tried to tackle piggybacking in the past and failed.

"It's a system that's been in effect for over 35 years now; now they're going to change the system because of a glitch?" he asked.

"When there's one loophole in the system, there's many others," Mansour said. "They've got to do a lot more patching up to stop me."