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 this 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 this work?
You get a copy of your credit reports and forward them to Lexington. You also indicate what items you feel are inaccurate.
Then Lexington will create a dispute letter on your behalf and send it to each credit bureau. Then you will receive notification from the bureaus regarding the disputed items and if they were verified by the creditor or if the bureaus removed the item from your report. You then forward these updates to Lexington.
How long is it going to 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, you actually should dispute you credit if you have minimal damage. To dispute you credit you must create a dispute letter and send it to each 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 improve my score?
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. - 15224
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 this 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 this work?
You get a copy of your credit reports and forward them to Lexington. You also indicate what items you feel are inaccurate.
Then Lexington will create a dispute letter on your behalf and send it to each credit bureau. Then you will receive notification from the bureaus regarding the disputed items and if they were verified by the creditor or if the bureaus removed the item from your report. You then forward these updates to Lexington.
How long is it going to 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, you actually should dispute you credit if you have minimal damage. To dispute you credit you must create a dispute letter and send it to each 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 improve my score?
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. - 15224
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