Lexington Law Firm - Review
Lexington Law is headquartered out of Salt Lake City, Utah. They are a credit repair firm.
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, it is not only legal but it is your responsibility. The Fair Credit Reporting Act gives you the right to dispute any item you feel is not accurate on your report. In addition this law says that the bureaus must remove an item that is not verified by the creditor.
How will it work?
You must forward a copy of your credit report from each bureau to Lexington. You also must tell them what items you feel are not accurate.
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 will it take?
This will depend upon how many items you are disputing. You should expect it to take at least 6 months and for most it should not exceed 12 months.
What is the cost?
They have three levels of service. The prices are $39, $59, and $79. There is an upfront set up fee of $99.
Can't 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 repair my credit?
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 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, it is not only legal but it is your responsibility. The Fair Credit Reporting Act gives you the right to dispute any item you feel is not accurate on your report. In addition this law says that the bureaus must remove an item that is not verified by the creditor.
How will it work?
You must forward a copy of your credit report from each bureau to Lexington. You also must tell them what items you feel are not accurate.
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 will it take?
This will depend upon how many items you are disputing. You should expect it to take at least 6 months and for most it should not exceed 12 months.
What is the cost?
They have three levels of service. The prices are $39, $59, and $79. There is an upfront set up fee of $99.
Can't 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 repair my credit?
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 by building a positive payment history and removing negative marks you will be able to improve your score.
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For more about Lexington Law Firm or for an article about how to remove credit card judgements visit us.
posted by Debt Consolidation Loan at
4:39 AM
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