Gavin Howe
Lexington Law is a law firm that provides credit repair services to its clients. The firm helps clients repair their credit scores by removing negative items from their credit reports, such as late payments or collections. Lexington Law also provides credit education and resources to help clients develop good credit habits and make informed credit decisions. The firm has been known to help clients recognize identity theft and steer them in the right direction. With over 450,000 active clients, Lexington Law offers a free credit assessment tool and phone consultations to determine if their services are a good fit for an individual's needs.
| Characteristics | Values |
|---|---|
| Number of clients | 450,000 active clients |
| Average credit score increase | 40 points in six months |
| Credit report | Monthly |
| Credit score improvement | No definitive timeline |
| Negative items addressed | Late payments, collections |
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What You'll Learn
Removing negative items from credit reports
Lexington Law Firm has helped its clients remove over 77 million negative items from their credit reports since its founding in 2004. The firm offers a free credit repair consultation, which includes a complete review of your credit report summary and score.
Lexington Law Firm first identifies questionable negative items on your credit report that are wrongfully hurting your score. Next, they ask the bureaus and your creditors to verify these negative items as accurate and fair. If they cannot be verified, they are required to be removed.
Collection accounts can bring down your credit score, even if they are paid off. A debt is sent to collections when the original creditor has given up on trying to collect payment, often after 180 days or more. When you apply for credit in the future, potential lenders will be able to see collection accounts as part of your credit report. Lexington Law Firm provides a pay for delete letter template to help you negotiate with collection agencies to have negative information removed from your credit report in exchange for payment.
A charge-off is an entry on your credit report that occurs when the creditor has written off unpaid debt as a loss. A charge-off can have long-lasting consequences for your credit and can stay on your credit report for up to seven years following the first missed or late payment. When you dispute inaccurate information with a credit bureau, they typically pass along the dispute to the company that initially reported the data. That company usually has about 30 days to prove the details, or the dispute can be settled in your favor and the charge-off can be removed from your credit report.
In certain circumstances, an unapproved credit inquiry can be removed from your credit report if you send a credit inquiry removal letter to the credit reporting agency or by disputing it online.
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Help with identity theft
Identity theft is a serious issue that can have significant financial consequences for victims. It occurs when someone uses your personal information, such as your name, credit card details, or Social Security number, to impersonate or steal from you. In 2021, almost 42 million Americans reported being victims of identity theft, with total losses amounting to $52 billion.
Lexington Law Firm offers various services to help individuals who have experienced identity theft. Firstly, they can assist in identifying what information, records, and accounts have been compromised and need to be changed. They also help review credit reports, find errors and inaccuracies, and file disputes. This includes identifying compromised credit accounts and communicating with credit reporting bureaus to remove errors on your credit reports. Lexington Law ensures that items on your credit report are reported fairly and in compliance with consumer protection statutes. They offer credit report alerts, credit score monitoring, and identity theft insurance, immediately notifying you of any suspicious activity in your name. Additionally, their mobile app provides on-the-go access to your account and notifications.
Lexington Law's team of credit advisors aims to speed up your financial recovery by providing access to a case update tracker. They can also answer any questions you may have about changes to your credit score or reports.
One client testimonial mentions how Lexington Law helped them quickly recognize identity theft and steered them in the right direction without damaging their credit score. Another client praised Lexington Law for taking the time to investigate and reach out to old creditors on their behalf.
While identity theft can be a challenging issue to navigate, Lexington Law provides resources and support to help individuals protect their identities and mitigate the financial impact of such crimes.
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$18.9
Challenging inaccurate information
Lexington Law Firm provides legal assistance to clients to help fix their credit. The firm uses a proven process to help clients repair inaccurate and unfair negative items on their credit reports, such as late payments or collections, that may be wrongfully damaging their credit score.
The process begins with pulling a client's credit reports. The client then answers questions about the items on their report, allowing the team to decide how best to handle their credit repair needs. The team identifies which items are unfair, unsubstantiated, or inaccurate, checking whether all relevant laws have been followed and whether all information is being reported accurately. If necessary, a paralegal will reach out to the client to obtain additional information.
Once the negative items that can and should be addressed have been identified, the team will send challenges and disputes on the client's behalf. They will ask the credit bureaus and creditors to verify these negative items as accurate and fair. If they cannot be verified, the bureaus and creditors are required to remove them.
Lexington Law Firm also helps clients monitor and manage their credit by notifying them of any new negative items that need to be addressed. They provide credit education opportunities to help clients develop good credit habits, including credit score analyses and mentoring through their online portal.
The firm has helped clients remove negative items from all three major credit bureaus, allowing them to achieve their credit goals, such as qualifying for a home loan.
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Debt validation procedures
Lexington Law Firm provides legal assistance to help repair your credit score. They have helped clients remove negative items from their credit reports and steer clear of identity theft without damaging their credit score.
Debt validation is the act of demanding that a collection agency prove that you owe a specific debt. This is done through a debt validation letter, which is a written communication in which you demand to confirm that you have an outstanding debt. The Fair Debt Collection Practices Act (FDCPA) gives everyone the right to request verification of the debt from collection agencies before they attempt to collect it.
If you've been contacted by a collection agency but never received a debt validation letter from them, you should request proof that the debt is both legitimate and accurate. You can send the letter via U.S. Certified Mail and request a return receipt.
If the collection agency cannot validate your debt, they must rescind any information reported to credit bureaus. You have the right to refuse payment if the collection agency cannot provide proof of the debt within 30 days.
If the collection agency is not acting lawfully in its attempt to collect an illegitimate debt from you, you can take additional legal steps. For example, you can sue a company for up to $1,000 for each violation of the FDCPA. However, before filing a lawsuit, it is recommended to consult with a professional about the best course of action for your specific circumstances.
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Credit score analyses
Lexington Law Firm provides credit repair services to its clients. The firm offers a free credit assessment tool to help determine whether its services are a good fit for a potential client's needs. The firm's credit repair process involves pulling a client's credit reports and identifying questionable negative items that may be wrongfully hurting their score. These items could include late payments or collections. Once these items have been identified, Lexington Law works with the client to address them by sending challenges and disputes to credit bureaus on their behalf. The firm also provides credit education and mentoring through its online portal to help clients develop good credit habits.
Lexington Law's credit repair process is designed to help clients push their credit in the right direction. The firm's consultants can assist with addressing unpaid collection accounts on credit reports, including filing disputes with credit bureaus for removal. They also provide guidance on sending a pay-for-delete letter if the collection account is legitimate. The firm's services are particularly effective for individuals with poor credit scores, typically considered to be anything below 600.
The firm has a proven track record of success, with 77% of its clients who experienced a credit score increase seeing an average increase of 40 points in just six months. Testimonials from satisfied clients highlight Lexington Law's ability to help remove negative items from credit reports, steer individuals in the right direction in cases of identity theft, and provide excellent customer service.
In summary, Lexington Law's credit score analyses service is a comprehensive and effective approach to credit repair. The firm's systematic process, combined with its focus on credit education, helps clients improve their credit scores and make smarter credit decisions. With a team of professionals dedicated to addressing negative items on credit reports, Lexington Law is a trusted partner for individuals seeking to repair and enhance their creditworthiness.
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Frequently asked questions
Lexington Law uses a proven process to help clients repair any inaccurate and unfair negative items—like late payments or collections—that are wrongfully hurting their credit.
When you sign up for Lexington Law’s services, they pull your credit reports and ask you to log into your account and answer some questions about the items on your report so their team can decide how best to handle your credit repair needs. They will then send challenges and disputes on your behalf.
Lexington Law offers a variety of service levels to support every budget. Billing is straightforward and similar to an electric utility bill—they invoice at the end of each service period for completed work.
There is no definitive timeline for credit repair, as the process varies based on each person’s unique credit needs. However, 77% of Lexington Law clients who saw a credit score increase had an average increase of 40 points in six months.
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