Lexington Law is one of the leading names when it comes to credit repair services. They are a law firm specializing in helping consumers correct inaccurate negative items on their credit reports by disputing them with credit bureaus. Furthermore, Lexington Law’s website features numerous educational resources designed to assist users better understanding credit reporting and how to increase their scores.
This company provides three plans based on the severity of a consumer’s credit issues. Typically, the more negative items on a report, the higher its fee will be; however, most clients experience their credit score improving by at least 10 points after working with this company for about four or five months and working directly with credit bureaus and lenders to add accurate information back onto their reports as well.
Lexington Law stands out from many other credit repair companies by not charging upfront fees for its services, instead opting for a monthly service fee which can be cancelled anytime – giving customers an opportunity to try the service out for at least a couple months before deciding if they want to continue or not. Furthermore, unlike many of their counterparts, Lexington Law does not provide money-back guarantees like many others do.
Lexington not only provides credit repair services, but they also offer an online portal and mobile app that allow their customers to easily track the status of disputes filed with credit bureaus as well as their scores – making it easier to keep an eye on credit repairs while making adjustments as needed.
Lexington Law’s credit repair process begins by gathering a copy of a consumer’s credit report and reviewing it for any errors or dubious items, then working with credit bureaus and lenders to dispute these items on his or her behalf. Though some disputes can take time to be settled, typically customers can see results within six months.
Though this company doesn’t guarantee to erase all negative entries from a consumer’s credit report, they often remove items like late payments, collection accounts and repossessions from credit reports. Over 80 million negative items were removed since 2004 according to company statements.
Consumers evaluating credit repair services should carefully consider both costs and features provided by each provider, such as money-back guarantees or customer support representatives who can be reached easily (phone call, email, live chat). They should also think about what fees will be billed for first work charges and monthly maintenance payments, plus any associated costs such as additional services or discounts that might apply. Finally, they should consider cancellation periods without incurring penalties should credit repair not be right for them.
