Author Archives: 48hrcreditwipe

Martin Pelmore Add Credit Info to Credit File

Sample Letter 7 – Request to add Credit Information Your Name 123 Your Street Address Your City, ST 01234 Big Credit Bureau Their Street Address Some City, ST 56789 01/01/2011 Dear Credit Bureau, This letter is a formal request that … Continue reading

Posted in Uncategorized | Leave a comment

Martin Pelmore Building Good Credit

Building Good Credit The basics of good credit start with having three open trade lines, with twelve months of good payment history. For example, get three credit cards, even secured credit cards, and use them responsibly for a year. Charge … Continue reading

Posted in Uncategorized | Leave a comment

martin pelmore “New Credit File” Scam

The “New Credit File” Scam By now, you have undoubtedly seen many ads and some Spam e-mail regarding a “fool-proof” way to create a “new credit file”, otherwise know as “File Segregation”. What is “File Segregation”? File Segregation, (known as … Continue reading

Posted in Uncategorized | Leave a comment

martin pelmore How Long Items Stay on a Credit Report

martin pelmore How Long Items Stay on a Credit Report In most cases, bankruptcy will remain on a credit report for 10 years following the discharge of the bankruptcy. Other entries remain for about 7 years from the date of … Continue reading

Posted in Uncategorized | Leave a comment

martin pelmore Negotiate Your Credit Reporting

Negotiate Your Credit Reporting Always ask for a “Good Pay Rating”. The ideal is to get the creditor to report your account after the settlement as “Paid as Agreed” or “Account Closed – Paid as Agreed”. Some creditors may not … Continue reading

Posted in Uncategorized | Leave a comment

Martin Pelmore Should Consumers Try Credit Repair On Their Own?

Martin Pelmore Should Consumers Try Credit Repair On Their Own? This really depends on you and the amount of time you’re willing to allocate toward repairing your credit. While disputing items on your credit reports should be easy, getting results … Continue reading

Posted in Uncategorized | Leave a comment

Martin Pelmore Federal Enforcement Agencies of Banks & Credit Reporting Companies

Federal Agencies that enforce the Fair Credit Reporting Act (FCRA) ——————————————————————————– The FCRA gives a number of different federal agencies authority to enforce the FCRA. Following is a list of many of these federal agencies, and in which subject matter … Continue reading

Posted in Uncategorized | Leave a comment