If you’re trying to decide whether or not to use Lexington Law, you’re not alone. You’re probably wondering, “Is Lex Law a legit credit repair company?” After reading this article, you’ll be ready to make an informed decision. This review focuses on Lex Law, Sky Blue Credit, Experian, and Equifax. While there are many reasons to use Lexington Law, you should keep in mind that it may not be the best choice for your financial situation.
Lex Law
The Lexington Law credit repair service is a legitimate option if you want to make sure that your credit is repaired as quickly and effectively as possible. The company offers free consultations and three levels of service to suit your needs. Their website also includes several articles about credit. The company states that they work with customers for about six months on average. However, before you sign up for a credit repair package, you should know the details of the service you are getting.
For one, Lexington Law has an established relationship with all three credit bureaus. This relationship allows the company to leverage consumer protection statutes to help clients get negative entries removed from their credit reports. Another benefit of working with a law firm that specializes in credit repair is that clients are paired with a lawyer who has been trained in consumer advocacy and credit reporting laws. This ensures that the credit repair service will be able to remove virtually any negative item from a client’s report.
Sky Blue Credit
Both Lexington Law and Sky Blue Credit Repair are credit repair services that have decades of experience repairing credit. They have the same goal: to help consumers improve their credit scores. Sky Blue works with lenders directly to remove negative items from a credit report, such as late payments and double charges. Lexington Law, on the other hand, does not remove valid items from your credit report. While both of these companies offer the same level of service, Sky Blue is the more established of the two services.
While Lexington Law has many positive reviews on their website, it also has a mixed bag of reviews. Before using their services, read customer reviews on online forums. This company ranks highly in the Apple store, and it is important to note that consumers have commented on the quality of their apps and credit repair service. However, it does not offer a satisfaction guarantee. The company does have a mobile app, however, which is very convenient. The app lets users access credit counseling plans, dispute updates, and score analysis reports around the clock.
Experian
While both Lexington Law and Experian are a few years old, they are not exactly new to the credit repair business. Lexington Law, which was founded in 2004, is known for having successfully removed over 70 million negative items from credit reports. While the company is not accredited by the Better Business Bureau, its pricing is standard and the firm also offers financial literacy to its customers. However, consumers should be aware of their reputation before making a decision.
Lexington Law has a reputation for being one of the largest credit repair companies, but it isn’t without controversy. In 2019 the Consumer Financial Protection Bureau sued the company for illegal billing practices and deceptive marketing practices. This lawsuit raised questions about the company’s integrity and brought attention to its billing and marketing practices. To be fair, the company has since apologized and resolved the matter. Nonetheless, this lawsuit has raised questions about the legitimacy of credit repair companies.
Equifax
There are a number of questions you should ask yourself when determining whether or not a company claiming to offer Equifax credit repair is legit. One of the most important is whether the firm requires upfront payment. A legitimate credit repair company doesn’t charge a flat rate until after the service has been completed. Instead, they charge a monthly subscription fee. Also, be sure to ask the company if you can handle your dispute yourself, as federal law requires them to disclose that you can do it yourself.
A credit repair company should be licensed and regulated in your state. If the company has been around for at least a year, it’s likely to be legitimate. The company will have an EIN from the IRS, which they need to report your financial information. However, you should be very careful about companies that charge monthly fees. It could also be a scam. Moreover, a fraudulent company can use your Social Security number to obtain credit.
TransUnion
When choosing between TransUnion and Lexington Law credit repair services, it is important to keep your personal circumstances in mind. While both companies offer a comprehensive approach to credit repair, they are not the same. If you have a poor credit score, choosing the best one for you can make a huge difference in how you manage your money. The best credit repair service is one that provides you with access to your credit report and scores on a regular basis.
The Better Business Bureau (BBB) is a third-party agency that validates the ethical practices of a business. While Lexington Law is not accredited by the BBB, it does maintain its page. It also responds to complaints posted to its BBB page. In addition, past customer reviews have generally been positive. It’s important to choose a credit repair company with a stellar reputation. Choosing Lexington Law as your credit repair service will ensure your success.
Lexington Law
If you’re wondering if Lexington Law credit repair is legit, read on. This company has responded to Mr. *******’s complaint with the Better Business Bureau and stated that it bills clients in accordance with federal legislation known as the Credit Repair Organizations Act, which prevents credit repair firms from collecting payments until after services have been performed. This is a good sign that this company is trustworthy. However, it’s not a guarantee.
In addition to having relationships with all three major credit bureaus, Lexington Law can help you remove negative items from your credit report. They can also help you make your accounts appear better than they are now. The company’s website includes a number of articles and resources that can help you understand how your credit report works. If you decide to hire Lexington Law, you can expect a free consultation. The company has three levels of service and various packages, which will give you the flexibility to choose the one that best suits your needs.
