| Lexington Law is headquartered out of Salt Lake City, | | | | There is an initial account set up fee of $99. Then you |
| Utah. They are a credit repair firm. | | | | will be charged a monthly fee of $39, $59, or $79 |
| They have 22 lawyers and over 400 employees. | | | | depending upon what level of service you choose. |
| They have been in business for 17 years and have | | | | |
| served 1/2 million people. They will dispute bad credit | | | | Can't I do this myself? |
| items on your credit report. | | | | Yes, in fact we encourage you to if you have minor |
| Is it legal? | | | | damage to your report. To dispute a listing yourself |
| Yes, this is legal and credit repair is your responsibility. | | | | you must create a dispute letter and mail it directly to |
| The Fair Credit Reporting Act gives you the right to | | | | the credit bureaus. |
| dispute any item that you feel in inaccurate on your | | | | When the bureaus receive your letter they will |
| credit. Also this law says that any item that is not | | | | investigate the item. During an investigation the creditor |
| verified must be erased by the credit bureaus. | | | | is contacted and asked to verify your account, the |
| How does this work? | | | | dates on the account, and the balance. If the item is |
| You get a copy of your credit reports and forward | | | | not verified then the bureaus must remove it from you |
| them to Lexington. You also indicate what items you | | | | report. |
| feel are inaccurate. | | | | What else can I do to improve my score? |
| Then Lexington will create a dispute letter on your | | | | Credit repair is not just removing negative items from |
| behalf and send it to each credit bureau. Then you will | | | | your report. We suggest you open a revolving line of |
| receive notification from the bureaus regarding the | | | | credit. This will help you build a positive payment history |
| disputed items and if they were verified by the creditor | | | | by making on time monthly payments. This factor is |
| or if the bureaus removed the item from your report. | | | | weighted almost as much as negative items on your |
| You then forward these updates to Lexington. | | | | report when your score is calculated. |
| How long does it take? | | | | In sum, you do not have to live with a low credit score. |
| It depends upon the damage to your credit. However it | | | | You can remove negative items and by building a |
| typically ranges between 6 months to 12 months. | | | | positive payment history you can repair you score. |
| How much is it going to cost. | | | | |