Lexington Law Credit Repair Lexington Law Review We will do this review of the Lexington credit repair company a little bit differently than our other reviews. We will actually walk through the steps of exactly what happened when we signed up with Lexington. As a side note, we have been researching credit repair companies and have been signing up and trying their services for 2 and 1/2 half years. We actually used Lexington Law first when we started our research and our credit reports were never disputed before. We had quite a mess on our hands with 67 negatives on all 3 bureaus. People don't realize that if you ran into difficulty and stopped paying say 10 credit accounts, these 10 credit accounts all report to the 3 main credit bureaus and instead of having 10 negative marks, you will actually have 30 negative items. So for clarification when we say how many items were deleted, it may have been one account but would count as three deletions if they were deleted from all three credit bureaus.
Steps of how we signed up with Lexington Law and details of what happened
1. After we signed up online (this step was very easy) we received a welcome email and a phone call. We needed to forward our credit reports from the three major credit bureaus. We were already signed up with TrueCredit.com and we simply emailed our sign-on information and they signed on to true credit and got all the information from the 3 bureaus.
2. Their staff then entered our information into their database and emailed us to sign-in to the client area and review our Valet. It had all our negative items in there and we simply clicked on the choices of how we wanted Lexington Law to dispute each negative item. Choices were "Not mine" or "I was never late on this account" and a few others. All you need to do is pick one for each negative item. You could even choose them NOT to dispute a particular account, but for the most part you want them to dispute them all. It did take a little bit of time but it was quite easy.
3. Lexington Law created dispute letters on our behalf and immediately sent them to the credit bureaus. The credit bureaus have 30 days to investigate the dispute. After that, they must inform you of their results and send you a copy of your updated report. It usually took about 20-40 days from the day they sent a dispute to the day we received an updated report. When we received the response (and updated copy of our report) from a bureau, we simply made a copy of the updated report for our records and then sent the originals to Lexington Law. Note: It is important to forward each updated report to them as soon as received so they can track which items were deleted and they can start the next round.
Lexington Law got 3 deletions for us on the very first round! See information below summing up our 9 months with Lexington (5 rounds of disputing).
This first chart below is before we started with Lexington Law
What the Credit Bureaus were reporting on us - 67 total Negative Items
Bureau
Total Negative
Charge-offs
Collections/ delinquent
Public Records
Inquiries
Experian
26
6
10
5
5
Trans Union
20
4
5
8
3
Equifax
21
6
5
6
4
What Lexington Law got deleted for us in 9 months (5 rounds of disputing)
Bureau
New Item total
Charge-offs
Collections/ delinquent
Public Records
Inquiries
Experian
24
-1
0
0
-1
Trans Union
14
-3
-2
-3
-2
Equifax
17
-3
-1
-2
-1
Lexington realized 19 deletions for us in 9 months. When we started we had 67 total negative items. When Lexington finished we had 48 negative items left.
Credit score Changes (Actual Fico Scores)
Experian went from a 523 to a 592 Trans Union went from a 586 to a 622 Equifax went from a 560 to a 642
As you can see, we got quite a bit of deletions but still had a bad credit score. It was improved dramatically though. The main thing that Lexington did is that they disputed each and every month and we saw items drop off almost every single round. The only reason we did not continue was because we wanted to try all of the credit repair companies so we can make our top 10 credit repair companies list.
A lot of people think that credit repair is a quick fix but that is simply not always true. It depends on your situation and it can take anywhere from a few rounds of disputing to over a year depending on how many negative items you have. Some items are much tougher to remove, so be patient and keep grinding until your credit reports are cleaned up considerably over time. Your results may vary. You may have quicker and better results than we did. But YOU WILL see results!
Lexington surely gets the job done when it comes to credit repair. Let them do the work for you each month and remember to keep paying your accounts on time while disputing and try not to apply for new credit until your numbers improve.
Gregory from London Kentucky - 51 removals Kelly from Shamong NJ - 82 removals Rory from Ward Hill Massachusetts - 89 removals John from Eustis Florida - 96 removals
The Lexington Law results are amazing, but are they legal?
Yes. Disputing questionable items on your credit report is your right under the Fair Credit Reporting Act (FCRA.) Legitimate credit report repair is as legal as pleading "not guilty" in a court of law. It is entirely within your rights, and the freedom to do so is protected by law. Using Lexington Law is completely legal as they simply dispute on your behalf. They know the laws and loop holes and are able to get deletions quickly for you.
Pro's:
#1 Branded name in the credit repair industry Lexington Law is an experienced consumer advocacy law firm Proven results year after year Consistently gets bankruptcies, Charge Offs and Liens removed They have 100's of testimonials that you can read on their website They answer the phone when you call your case advisor Great customer support View Lexington Law Website
Cons: It's a little more work on your part to go into the client login area and check off what to dispute but it gives you more control than other companies offer. Yes, they have had some complaints with the BBB, but they serve an enormous amount of people so some complaints are not unordinary. The fact that they realized over 650,000 deletions in 2008 makes the small amount of complaints is insignificant in our opinion. Three service levels can be a bit confusing as to what they offer. Go for the $59.95 or the $79.95 per month plan if you can afford it.
Pricing: $99 Setup fee. 3 different plans $39.95 - $59.95 - $79.95 per month
Final thoughts on our review of Lexington Law Credit repair
Final Thoughts: Lexington Law is the most experienced credit repair company in the industry. They boast 22 actual Lawyers as well as over 400 paralegals. We have used the Lexington Law service for 9 months and can attest that their company is legit and that their credit repair service really works. They offer public published results. Lexington Law does not make empty promises or offer unlawful guarantees. They publicly offer their statistics and results that show how their services have consistently produced outstanding results for clients, removal after removal, year after year.
Verdict: Lexington Law is the true pioneer of Credit repair as they single handedly brought credit repair to an online audience in 1995. They are one of the oldest (most mature) credit repair companies and are still one of the undisputed best credit repair solutions online.
732-298-6015
