Lexington Law is headquartered out of Salt Lake City, Utah. They are a credit repair firm.
They have 22 lawyers and over 400 employees. They have been in business for 17 years and have served 1/2 million people. They will dispute bad credit items on your credit report.
Is it legal?
Yes, credit repair is legal and your responsibility. The Fair Credit Reporting Act passed by congress gives you the right to dispute any item you feel is not accurate on your credit report. This law also says that any item that can not be verified must be removed by the credit bureau.
How does it work?
You get a copy of your credit reports and forward them to Lexington. You also indicate what items you feel are inaccurate.
Lexington will then send a dispute letter of your behalf to each credit bureau. Then you will be notified from the bureaus if the item has been verified by the creditor of if they removed it from your report. You then send this update to Lexington.
How long is it going to take?
It depends upon the damage to your credit. However it typically ranges between 6 months to 12 months.
How much is it going to cost.
They offer three levels of service, and you will be responsible to pay an account set up fee of $99. The prices on the services are; $39, $59, and $79.
Can I do this myself?
Yes, we actually encourage you to if you have minor damage on your report. For you to dispute an item you must create a dispute letter and mail it to each credit bureau.
Once the bureaus get your letter they will investigate. They will contact the creator of the negative item and ask them to verify the account, the dates of delinquency, and the balance. If the account can not be verified then the bureaus must remove the item from your credit.
What else can I do to improve my score?
We suggest you open a revolving line of credit. By making on time monthly payments you will create a positive payment history. This is weighted almost as much as negative items on your report when your score is calculated.
In sum you can repair a low credit score. By building a positive payment history and removing negative items you will improve your score.
They have 22 lawyers and over 400 employees. They have been in business for 17 years and have served 1/2 million people. They will dispute bad credit items on your credit report.
Is it legal?
Yes, credit repair is legal and your responsibility. The Fair Credit Reporting Act passed by congress gives you the right to dispute any item you feel is not accurate on your credit report. This law also says that any item that can not be verified must be removed by the credit bureau.
How does it work?
You get a copy of your credit reports and forward them to Lexington. You also indicate what items you feel are inaccurate.
Lexington will then send a dispute letter of your behalf to each credit bureau. Then you will be notified from the bureaus if the item has been verified by the creditor of if they removed it from your report. You then send this update to Lexington.
How long is it going to take?
It depends upon the damage to your credit. However it typically ranges between 6 months to 12 months.
How much is it going to cost.
They offer three levels of service, and you will be responsible to pay an account set up fee of $99. The prices on the services are; $39, $59, and $79.
Can I do this myself?
Yes, we actually encourage you to if you have minor damage on your report. For you to dispute an item you must create a dispute letter and mail it to each credit bureau.
Once the bureaus get your letter they will investigate. They will contact the creator of the negative item and ask them to verify the account, the dates of delinquency, and the balance. If the account can not be verified then the bureaus must remove the item from your credit.
What else can I do to improve my score?
We suggest you open a revolving line of credit. By making on time monthly payments you will create a positive payment history. This is weighted almost as much as negative items on your report when your score is calculated.
In sum you can repair a low credit score. By building a positive payment history and removing negative items you will improve your score.
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