Experian, the credit reporting agency, says it’s boosting Pavlov dogs’ credit scores by more than 20 percent to reflect the new credit scoring system that was developed for the world’s most popular dog breed.
The credit boost comes in the form of a $5,000 monthly credit enhancement for all owners of Pavlovs who use Experian Experian credit reports.
Experian said it was adding the credit enhancement to its credit reporting in the U.S. for the first time, saying it’s designed to encourage owners to share their Experian experience data with the company, which is based in Stamford, Connecticut.
The new credit enhancement, which comes into effect Jan. 1, is for owners who have a total credit score of more than 8,500.
Experian said owners can request a credit enhancement if their credit score dips below 8,000 for more than one credit reporting period.
For the first three months of the new system, owners can apply for credit enhancements for a total of $5.00 per month.
Experien will send a message to owners with the new payment amount and credit score within 30 days of the end of the first credit reporting cycle, Experian spokeswoman Amy Gagnon said.
The company’s credit score boost for Pavlov is the second credit enhancement this month.
It was announced in December.