One of the frustrating realities of our credit reporting system is that sometimes questionable items make it into your credit file. When that happens, your credit score can be lowered, and it can result in you not getting the best rates on loans. Depending on the loan amount and the decrease of your score, it is costing you in most cases thousands of dollars.
The good news, of course, is that you do have options. Under federal law, you have the right to dispute items on your credit report. If the items are erroneous – cannot be backed-up with supporting documents by the creditors – the credit bureau has to remove them in a timely manner. You can do this yourself, for free, but sometimes it can be rather time-consuming, and you might not know where to begin. This is where a reputable credit repair service can help.
Overview of Lexington Law
One of the credit repair companies available to you is LexingtonLaw.com. The firm has more than 20 years of experience in the realm of consumer credit law, and is headquartered in Salt Lake City, Utah, with offices in all of the lower 48 states. The company has been instrumental in helping more than 1/2 a million people remove millions of negative items from their credit reports. If you don’t feel like you have the time to dispute items on your credit report, or if you need a little guidance, you can get help from Lexington Law for as little as $59.95 per month, after you pay the first-work fee.
Lexington Law makes an effort to work quickly and effectively, contacting the credit bureaus on your behalf to present the case for removing questionable legal items from your report. Like all reputable credit repair companies, Lexington Law is up front about the fact that you can do this yourself, for free, and in providing the warning that legitimate negative items will not be removed from your credit report. One of the main reasons people choose a credit repair company is the convenience factor, and Lexington Law makes the process more convenient — and you can enjoy the peace of mind knowing that the service provider knows exactly how your dispute should be approached.
The Process of Working with Lexington Law
Once you sign-up with Lexington Law, either by phone or online, you’ll need to send them your credit report from the 3 major credit bureaus, Experian, Equifax and TransUnion. After they receive your credit reports they insert the data to their system. Then, they invite you to log-in to the client area and review the information.
Once you’ll log-in, you’ll be able to see all the negative items you have in your reports. Next to each negative record you’ll find options for the way you would like Lexington Law to dispute the item on your behalf. Examples of the options you’ll see are “wrong amount”, “wrong account number”, “I didn’t pay late that month”, “wrong original creditor”, “not mine or not my account” etc’. You’ll need to choose one reason per negative item – pretty easy and simple process.
After you are done, Lexington Law will start to send dispute letters to the credit bureaus. The bureaus will investigate each case and will send you the outcome of their investigation. In a matter of weeks you’ll start to receive updated reports from the bureaus. Make sure you forward the updated reports to Lexington Law so they can update their records for tracking and preparing the next round of dispute letters on your behalf.
Lexington Law provides more than just paid services; the company also provides credit education that consumers can use to empower themselves. As a client, you can receive coaching from credit experts and paralegals about how to improve your financial and credit situation. Even if you aren’t a client, you can take advantage of a helpful credit repair blog offered by Lexington Law, as well as find out more about your credit rights, and watch informative webinars. If you want to know about fixing your credit, this is a good place to start.
When you are looking for a credit repair company, you want to choose a service provider that will be up front with you about costs, your rights under the law, and realistic outcomes. Lexington Law provides you with helpful credit insight, and offers straight talk about what can be done in your situation. If you feel overwhelmed about repairing your own credit, Lexington Law is highly recommended.
Lexington Law’s website: CLICK HERE to visit LexingtonLaw.com.
Lexington Law’s phone number to get your FREE credit repair consultation: 1-800-293-3672