Lexington Credit Repair Review

Lexington Law Repair Company is one of the most trusted names when it comes to credit repairs. They have been in the business for more than 14 years, and they offer both credit repair services as well as advice on how to ensure that you do not mess up your credit again.

They provide professional services to individuals as well as couples, and to date, they have been able to help over 500,000 people with their financial issues.

Most of their focus in the past has been providing quality service to their clients, and most especially people that have trouble with mortgage loans.

Here are the benefits of Lexington

Free consultation

The company will retrieve for you a free TransUnion credit report and a FICO score summary, in order to analyze where your problems are. This is the first step towards your credit repair process.

During the consultation, the company will thoroughly analyze the items on your report, and come up with a strategy on how to help you. They will then hold a meeting with you and give you insightful information on how they plan to delete the disputed items on your report.

Advanced credit repair

This is a company filled with qualified and dedicated attorneys and paralegals who provide insights to credit repair and financial analysis. In addition, they offer 24 hrs., Online support whenever you need them.

For this to happen, however, you must sign on to one of the following packages;

Concord standard service – This package goes for a monthly fee of $89.95 per month, and it includes creditor interventions and bureau challenges.

Premier Concord service – This package costs $109.95 per month, and it includes; creditor interventions, bureau challenges, score analysis, InquiryAssist, TransUnion alerts, and ReportWatch.

Premier Plus Service – This is the most expensive, and it costs $129.95 per month, and it is also the highest valued service at the company. It includes everything that the Concord and standard services offer, plus, cease and desist letters, Identity theft protection, a FICO score tracker, Personal finance, and theft protection services.

With each plan, the company works closely with the major credit bureaus and also creditors, in order to ensure that their client’s report reflects the true, fair, and accurate status.

Discounts

The company offers discounts to military personnel and their family members, which is rare in this industry, and they also provide couples a $50 discount when they sign up with them.

Popularity, Reliability, and long history

Due to the length of time that the company has been in operation, they are incredibly reliable as the most conversant when it comes to credit repair. Their history also cements them as the most trusted company in the industry.

If you want to prove this, just do a simple search of credit repair companies, and you will see that this company is everywhere. This is also due to the fact that they have partnered with plenty of companies, and they have a robust advertising budget.

In addition, most of their previous clients have given them a good review, and they also encourage others to try their services.

It also doesn’t hurt that they follow a strict code of conduct that is uncompromisable. They stick to federal and state repair regulations, which include the Fair Credit Reporting Act – FCRA.

Online resources

I stated earlier on that they do not only offer credit repair services, but they also provide their clients with plenty of information about credit repair. In regards to this, they have an online educational center, filled with free and accessible information on a wide variety of topics.

These help to educate their clients on things such as; credit rights, credit history, credit scores, Identity protection, identity theft, credit card usage, among many, many other topics. Whichever topic you wish to research on, they have it covered on their website.

Any client or non-client is free to access this information from the website, which is definitely a big plus, and it means that you may end up not really requiring their services after all.

Centralized service provision

One of the benefits of this company is that it is made up of Lawyers who are licensed and who are also able to multi-task.

In case there is an issue on your report that may require legal intervention, they are well versed on all the rules and regulations concerning this, and they are in fact able to bring a legal suit against one of your creditors.

Also, they can be able to deal with any current legal issues you may be having, either concerning the credit report or any other personal matter.

This is great as it ensures that you get all the services you may require in one central place.

Excellent customer service

Most of their clients have reported excellent service whenever they call the company offices. This makes it easy to make inquiries and ensures that the correct procedures are followed if you wish to sign up with them.

In addition, whenever the clients visit the company offices, they are not only advised on credit-related issues, but also any legal problems they may have can be sorted out by the lawyers.

Most companies that deal with credit repair will probably offer services during office hours, but Lexington Law have an expanded length of time within which you can be in contact with them, way past the normal working hours.

Related: Best Credit Repair Companies

Limitations of Lexington

Well, as much as I love so much about them, there are a few things you need to become aware of when dealing with them, such as;

Complicated level of service

This company doesn’t offer one universal cost to their services, no. They have three levels of services and different pricing for each.

To start with, this is expensive, and in addition, it can be quite confusing if you do not know what you require them to do for you.

As a new customer, it can be very hard to choose the service level you want. Most people actually prefer companies with one straightforward fee that they can pay at once and receive all the services they need at one stop.

Speed of service

This is a major drawback of this company as compared to other credit repair companies. Lexington law takes a long time when repairing your credit history.

Now, the reason behind their speed is that; When challenging items on your credit report, they employ a formalized and time-tested approach on how many items per credit bureau, they can challenge each month.

This means that they have a specific number of items they can challenge at a given time. This can be quite discouraging for most people that would love to see a change on their reports immediately, but it is important to note that; While they may be slow, they ensure that they prevent the bureaus from any frivolous activities, either on their behalf or on behalf of their clients.

Not accredited with BBB

BBB stands for Better Business Bureau – It is an accreditation that provides business enterprises with validation for third-party concerning legitimacy and ethics.

The Lexington Law firm is unfortunately not accredited with BBB, and it can be a deal breaker for a firm that does not operate with integrity.

How do they work?

Their services are similar to those of other credit repair companies, but they normally go a step further. With most companies, any disputed transactions are normally sent to the credit bureaus, and not the original creditors, which means that such a credit is free to send the items back to the bureaus, and it can be added back to your report.

What Lexington does, however, is to ensure that any disputed transaction that needs to be deleted has been deleted from the creditor as well as the credit bureaus. In this way, none of them can add it back to your report and mess up your credit again.

In addition to credit repair, they also offer their clients monthly identity theft and credit monitoring protection. But this is only available when you pay for the higher package. This ensures that you can rest easy, knowing that your finances are protected.

What can the company not do?

Credit repair companies are usually limited when it comes to actual debts – In their investigations, they will ask your creditors to show proof that you owe them, and if they are able to give them supporting documentation as pertains to the debt, then they cannot remove such an item from your report, and you will, in fact, be required to repay the said debt.

Conclusion:

Lexington Law is definitely one of the most popular credit repair companies in the US, and as much as they work slow, they ensure that once your credit report has been repaired, it cannot be reversed, meaning that they do not leave any stone unturned when trying to verify your credit information.

They also offer the education resource center that most people can use to learn more about credit repair, and with their one-one consultation services, you are assured of an all rounded approach to this problem.

The company will also help you make better choices in the future to keep you debt free for a long time.

This is a company you can trust.

Bibliography

[1] “How Lexington Law’s Credit Repair Works.” Lexington Law – Trusted Attorneys Helping to Fix Your Credit. Accessed May 30, 2019. https://www.lexingtonlaw.com/credit-repair-services/how-it-works.

[2] Kagan, Julia. “Fair Credit Reporting Act (FCRA).” Investopedia. Last modified November 14, 2010. https://www.investopedia.com/terms/f/fair-credit-reporting-act-fcra.asp.

[3] Kagan, Julia. “FICO Score.” Investopedia. Last modified December 20, 2004. https://www.investopedia.com/terms/f/ficoscore.asp.

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