Your credit report often dictates a lot of your financial success. If you are looking to improve your credit score and eliminate any inaccurate or negative items, then turning to professionals for assistance may be a suitable way to do so.
Credit repair companies, like Lexington Law, review your credit report and suggest an appropriate plan of action to help ensure your report is fair and accurate.
What is Lexington Law?
Lexington Law guides consumers down the road to a better financial future by giving individuals an opportunity to solidify a true and fair credit report. The attorneys at this firm not only facilitate the process of removing unfair, inaccurate or unsubstantiated negative items from credit reports, but they also work to empower customers to continue to improve or maintain a strong credit score as they head into their future.
What Does Lexington Law Do?
Lexington Law helps those who want assistance repairing their bad credit. Inaccuracies on a credit report can have a substantially negative impact on a credit score, so ensuring all information is correct is critical.
The attorneys at Lexington Law will help you retrieve your credit reports, explain how laws work to protect you as a consumer, and allow you to identify which items to dispute with the credit bureaus and data furnishers.
If an item cannot be verified or substantiated, Lexington Law will leverage your right to fair, accurate, and substantiated credit report. As these items are found, a challenge letter is sent to creditors and credit bureaus challenging these items that unfairly impact your credit report and score.
For customers who are interested in getting the most out of their service, Lexington Law also conducts a monthly credit report analysis that helps you understand the 5 factors that influence your credit, and how you can work to improve your score outside of the credit repair process. If questions or concerns arise, paralegals are available to offer tips, advice, and additional information by email, chat, or phone.
What Do You Get?
If you are considering using a professional credit repair firm, it is important to know what each one offers before deciding whose services are right for you. Lexington Law customers receive more than a one-time consultation. Those who turn to this firm to help repair their credit receive everything from guidance to coaching tips and escalated information requests.
Lexington Law is always helping customers feel confident that they have the necessary support and resources to get and maintain the most accurate credit report possible.
Plans and Pricing
Because everyone’s credit profile is as unique as they are, Lexington Law offers multiple plans to its customers depending on their situation. These plans take into account the number of negative items on a credit report, your financial goals, and desired timeline, amongst other things.
The PremierPlus Plan offered by Lexington Law is their most comprehensive plan available and includes FICO® Score tracking and analysis, as well as legal interventions for any third-party debt collectors that may be harassing you. The PremierPlus Plan is the top tier you can select for credit repair services. It is offered at $129.95 per month and is the most popular because it features the most aggressive credit repair solution and includes identity theft protection with a $1million insurance policy. In addition, PremierPlus provides access to a personal financial management tool that allows you to connect your financial accounts and create a budget that fits your financial goals.
The Concord Premier service starts at $109.95 and provides services to those seeking assistance with credit repair, including a monthly credit score improvement analysis, and credit monitoring.
There is also a standard package available known as the Concord Standard if you are simply looking for credit repair alone and are not interested in the abundance of other features they have to offer. However, each case is different. Some cases may require more or less work depending on the type of credit repair that needs to be done. The Concord Standard Plan offers Bureau Challenges and Creditor Interventions and costs $89.95 per month.
After the credit repair process is completed, Lexington Law Also offers the tools to help you monitor your credit and know where your profile stands. This option provides similar features to the PremierPlus Plan, and is called LexOnTrack. This service can help you track monthly changes to your TransUnion FICO® score, create and manage your budget through the personal finance management portal, and offer identity theft protection with a $1 million insurance policy.
Customers can sign up online or by phone, and with no binding contract, individuals can cancel at any time. Lexington Law worked to get more than 9 million items removed from client credit reports in 2016.
Advantages to Working With Lexington Law
For those who want to repair their credit but don’t have the time or expertise to do so themselves, then you should allow Lexington Law to help. With decades of legal expertise within the credit repair industry, these professionals take charge and understand the legalities.
The attorneys at Lexington Law are familiar with the Fair Credit Reporting Act, Fair Credit Billing Act, and Fair Debt Collections Practices Act. Their understanding of these laws helps them to ensure clients get the fair representation they deserve.
In addition, Lexington Law offers continual guidance and assistance to make sure that your credit information is as accurate and up to date as possible, while also helping to build a lifetime of quality credit.
Sometimes it can be challenging to find a reputable credit repair company that possesses the needed knowledge and expertise regarding credit, but with Lexington Law, you are paying for the services of knowledgeable credit professionals that can help you enforce your rights as a consumer.
Disadvantages to Working With Lexington Law
While time is valuable, and expertise is helpful, some individuals may feel working with a credit repair company is not the best financial decision; this is especially true if a customer feels they have the time and understanding to conduct their own research and submit their own dispute letters to creditors and credit bureaus.
Some might also find that they don’t want to pay for their credit repair services, but it is important to weigh the many advantages you will be able to experience to the small investment you will be making toward your financial freedom and success. Borrowers often find that the thousands of dollars in savings on interest payments over the life of a loan will justify getting the credit repair process started as quickly as possible.
Is Lexington Law Right For You?
If you are looking for a credit repair solution that is ethical, fair and offers the appropriate resources for improvement, then Lexington Law is a great option for you.
With ample experience and attorneys arguing on your behalf, you can save a great deal of time to see your report fairly and accurately represent you. They can help you dispute any errors you have found and can provide you the tools and help you reach your financial goals. Also, there are several limits involved when it comes to trying to repair your credit yourself. Jump over these hurdles by hiring the professionals at Lexington Law to help you repair your credit.
Lexington Law Frequently Asked Questions
Is credit repair legal?
Credit repair is not only a legitimate and legal option, it is also your right as a consumer. There are multiple consumer credit protection laws in place are intended to defend individuals and help prevent them from becoming victims of the credit reporting system.
You have an indisputable legal right to a fair and accurate credit report and by enlisting the help of the credit repair professionals at Lexington Law, you can restore and improve your score so that it reflects your true financial responsibility.
How long does credit repair take?
Every case is unique, so there is no definitive time frame. Inaccurate items must be challenged, and that process can vary greatly. Some clients saw progress within the first 60 days of service, but it can also take 60 days for creditors and bureaus to respond to the disputes. Fixing credit is no trivial task, but good results are definitely worth it. Because legal cases vary, Lexington cannot guarantee any particular result.
Is there a guarantee of service?
Due to Lexington Law’s ethical standards, service can never be guaranteed. In fact, any credit repair service that makes guarantees, like claiming to fix credit in 30 days, is very possibly a scam. Only creditors and bureaus can actually make changes to your credit reports, but Lexington Law does use their knowledge of the laws protecting you as a consumer to work on your behalf.
Is Lexington Law really a law firm?
It is a group of associated independent consumer advocacy law firms where legal experts primarily focus on credit-related issues. A team of attorneys, paralegals, and legal assistants work on each case, making this service affordable.