Review of Lexington Law Firm
Lexington Law is a professional credit repair service. They are headquartered out of Salt Lake, Utah.
There are 400 employees 22 of which are credit lawyers. They have been operating for over 17 years and have served 1/2 million people. They dispute negative items on your credit.
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 forward a copy of your credit reports to Lexington. You also indicate what items you want them to dispute.
Then Lexington will mail a dispute letter to each bureau. When the bureaus get this letter they will investigate the item and send you notification of the result. If the item was verified or if it was removed, you then forward update to Lexington.
How long does it take?
This will vary depending upon how many items you wish to dispute. However you should expect a minimum of 6 months and a maximum of 12 months.
What is the 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 dispute my credit 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.
Upon receipt of you letter the bureaus will conduct an investigation into the item. They will contact the creator of the negative item and ask them to verify the account, the balance on the account, and the dates. If the item is not verified then the bureaus will delete it from you report.
What else can I do to repair my credit?
We suggest you open a new revolving line of credit such as a credit card. This will help you to build a positive payment history by making your on time monthly payments. This factor is almost as important as negative items when your score is calculated.
In sum by building a positive payment history and removing negative marks you will be able to improve your score.
There are 400 employees 22 of which are credit lawyers. They have been operating for over 17 years and have served 1/2 million people. They dispute negative items on your credit.
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 forward a copy of your credit reports to Lexington. You also indicate what items you want them to dispute.
Then Lexington will mail a dispute letter to each bureau. When the bureaus get this letter they will investigate the item and send you notification of the result. If the item was verified or if it was removed, you then forward update to Lexington.
How long does it take?
This will vary depending upon how many items you wish to dispute. However you should expect a minimum of 6 months and a maximum of 12 months.
What is the 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 dispute my credit 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.
Upon receipt of you letter the bureaus will conduct an investigation into the item. They will contact the creator of the negative item and ask them to verify the account, the balance on the account, and the dates. If the item is not verified then the bureaus will delete it from you report.
What else can I do to repair my credit?
We suggest you open a new revolving line of credit such as a credit card. This will help you to build a positive payment history by making your on time monthly payments. This factor is almost as important as negative items when your score is calculated.
In sum by building a positive payment history and removing negative marks you will be able to improve your score.
posted by Debt Consolidation Loan at
11:11 AM
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