Lexington Law is a law firm and credit repair company that helps people dispute items on their credit report with the goal of boosting their score. Like all credit repair companies, Lexington Law doesn’t do anything to repair your credit that you can’t do on your own, but it’s a reputable company that can make credit repair easier and less frustrating if you have a busy schedule or simply don’t want to take on the task of credit repair by yourself.
The Importance of Credit Repair
Your credit score is enormously important: whether or not you get a credit card, a mortgage for your dream home, or even a job, rental home, or utilities can rely on your credit. If you don’t have what lenders consider a good credit score, you could be looking at higher interest rates (and more expensive debt) than you otherwise would. And if you’re very short of that good number, you may not be able to get a loan at all. In fact, according to Equifax, one mistake could decrease your score by 110 points—and those points could mean the difference between being approved or denied for a loan.
As if that weren’t bad enough, your credit score could fall even if you never make a single financial mistake yourself. You could have a pristine payment history and excellent credit utilization for decades and have your score tanked because of fraud or inaccurate negative items. Credit repair services like Lexington Law can help you combat those issues, redeem your score, and take control of your life again.
Lexington Law Credit Repair Services
Lexington Law’s credit repair services are available to most Americans. You can find out if your state is covered simply by calling 844-346-3403. The firm’s lawyers and staff are experienced in a wide range of credit repair tasks, and they work with each client to get a fair, accurate credit report—which will hopefully lead to a higher credit score in the future. They also provide some guidance to help clients understand how to proactively protect and increase their credit scores in the future.
What Lexington Law Does
While Lexington Law is a full-service legal firm in Utah and Arizona, the law firm has years of experience providing credit repair services. Here’s what Lexington Law does:
- Analyzes your credit report. The legal team obtains your reports in a manner that doesn’t count as a hard inquiry and won’t impact your score. You’ll work with the team to identify questionable negative items that might be inaccurate, unfair, or unsubstantiated.
- Challenges questionable negative items. Once a plan of action is made, the team at Lexington Law sends appropriate correspondence to agencies and organizations on your behalf, challenging inaccurate items and requesting they be substantiated or removed from your report.
- Escalates challenges. By providing material to substantiate your claim, the firm will continue correspondence and escalate matters, always keeping your credit rights in the forefront of the fight for accurate information on your report.
- Provides analysis and mentoring. When you work with Lexington Law, you get 24/7 access to an online portal where you can find credit score analysis from the firm as well as other resources to help you reach your individual credit goals in the future.
When Should You Ask Lexington Law for Help?
There are a few reasons why you might want to work with Lexington Law. The company is one of the most recognizable names in the credit repair industry, with over a decade of experience helping consumers repair their credit.
Lexington law is also staffed by real, licensed lawyers as well as paralegals and credit repair pros. Because you’ll encounter some legalese and federal statutes when you embark on your credit repair journey, it can be comforting to know you’ve got a real lawyer working on your behalf.
Here are a few situations in which it might make sense to contact Lexington Law:
- You want to buy a car or finance a house but your credit score is too low to qualify for a loan.
- Past credit mistakes have hurt your credit score and you want to rebuild as quickly as possible.
- You want to clean up your credit but you don’t have time to dispute negative items on your credit report.
- You tried repairing your credit on your own but you haven’t had much success.
Keep in mind that credit repair companies can’t do anything you can’t do on your own. However, because credit repair is their business, they have usually streamlined the process.
By law, no credit repair company can make guarantees about its results. However, a reputable company like Lexington Law may be able to help you get items removed faster than you could on your own.
Lexington Law Pros and Cons
Whether or not you work with a professional credit repair company is a personal decision, so it’s important to weigh the benefits and disadvantages.
Although you can do repair alone, one of the biggest benefits of working with Lexington Law is that you gain trusted, professional guidance through a process that can be fraught with fear or uncertainty otherwise.
- Skilled guidance
- Peace of mind
- Monthly updates
- Regular communication
The primary disadvantage of working with Lexington Law to repair your credit is that you do pay for these services.
- Monthly cost
There are things you can do on your own for free, but they come with a potentially major hit to your time. Many people enjoy the peace of mind that comes from paying professionals who can get the work done more efficiently and more aggressively.
How Much Does It Cost to Use Lexington Law?
Lexington Law has three different plans. Depending on your budget and what kind of services you need, you can choose from the Concord Standard Plan, the Concord Premier Plan, or the Premier Plus Plan.
1. Concord Standard – $89.95 per month
The Concord Standard is Lexington’s most affordable plan and the plan it bills as “standard credit repair.” With this plan, Lexington will perform bureau challenges and creditor interventions.
While this plan may sound bare bones, it does the job most people are looking for when it comes to credit repair. For the majority of users, the basic plan is probably sufficient to accomplish the goal of disputing negative items and getting as many as possible removed.
2. Concord Premier – $109.95 per month
In addition to the services offered in the Concord Standard Plan, the Premier Plan comes with several credit coaching tools designed to help you more effectively manage your credit. Lexington will also send you a score analysis report each month so you can see how your credit has improved.
The Concord Premier Plan also sends you TransUnion alerts any time a negative item appears on your report. You can choose to receive alerts by email or text.
While these tools are nice to have, they’re not necessary for disputing negative or incorrect items on your credit report.
3. Premier Plus – $129.95 per month
This is the plan Lexington refers to as “aggressive credit repair.” With this plan, you receive all the services offered in the two lower tiers plus cease and desist letter services, FICO score tracking, identity protection, and a range of personal finance tools.
As with the Concord Premier Plan, the Premier Plus Plan offers a bunch of extras that are probably nice to have but not critical for disputing negative items on your credit report.
What Items Can Lexington Law Help Remove From Your Credit Report?
Lexington Law can dispute a wide range of items on your credit report, but it can’t make any guarantees about removing specific items or delivering certain results. In general, however, Lexington Law can try to remove any of the following:
- Late payments
- Charge offs
- Incorrect information
Steps Lexington Law Takes to Clean Up Your Credit
Lexington Law describes its approach as a four-step process. Here’s what you can expect if you sign up for services.
1. Analyze your credit report
First, Lexington’s lawyers will obtain your credit report and review it, looking for any negative entries or inaccurate information. In this step, you’ll also get a paralegal assigned to your case who can help walk you through your report and flag any inaccurate items.
2. Dispute negative items
Once Lexington has identified negative items, it will send dispute letters and any other necessary correspondence to the credit bureaus or the original creditor on your behalf. In this step, Lexington is asking the credit bureau to review its records and verify that an item on your report is correct.
If successful, you could see negative items removed from your report in this step. However, it may take a bit more work and some follow-up to get the results you’re looking for.
3. Follow up and escalation
In some cases, Lexington Law may need to follow up with the credit bureaus or a creditor. Lexington may also have to escalate a dispute by sending additional correspondence.
4. Alerts and ongoing mentoring
If you sign up for credit monitoring services, Lexington will send you alerts every time a negative item posts to your credit report. This can be useful for maintaining your credit score over time.
Best Alternatives to Lexington Law
If you need credit repair, it’s best to shop around. Here are four alternatives to Lexington Law that might be a better fit for your needs.
1. Credit Saint
Credit Saint has a 90-day money back guarantee and gives free consultations before you sign up. It also has an A+ rating from the BBB.
There are three levels of credit repair plans available and each plan has an initial set up fee followed by a monthly recurring fee. Monthly prices start at $79.99 and go up to 119.99.
2. Sky Blue Credit Repair
Sky Blue Credit Repair has been around since 1989, which is a good sign in the credit repair industry. It offers a 90-day money back guarantee.
Pricing is straightforward with Sky Blue, which has just one all-inclusive package. It charges a $79 flat fee to sign up and then a monthly fee of $79 while you’re enrolled in its service.
3. The Credit People
The Credit People lets you choose between paying monthly or a flat fee for six months of services. The company has been in business since 2001.
The monthly plan costs $19 to enroll and then $79 monthly. If you opt for the six-month plan, you’ll pay a one-time charge of $419.
4. DIY Credit Repair
Another option is to take on the task of credit repair yourself. While it may seem a little overwhelming at first, you can dispute errors on your credit report on your own using tools and letter templates you can find online.
Lexington Law FAQs
The following are some of the most frequently asked questions and answers regarding Lexington Law.
Is Lexington Law a Real Law Firm?
Yes, Lexington Law is a real law firm based in Utah. The firm got its start in 1991 and started focusing its practice on credit repair in 2004.
Lexington Law offers credit repair services to individuals all over the United States. The firm’s lawyers also offer other legal services in other practice areas to individuals in select states.
Is Lexington Law a Good Credit Repair Company?
Lexington Law is a well-established law firm and credit repair company with a solid reputation. However, credit repair is a highly personalized service and results will vary from person to person.
Some of the qualities reviewers consistently praise after working with Lexington Law are its staff of real legal professionals and its one-on-one customer service. If you like the idea of working with an actual lawyer, Lexington Law is probably worth checking out.
How Long Does It Take to See Results from Lexington Law?
Like other credit repair companies, Lexington Law is prohibited by law from guaranteeing results or making promises about achieving results within a certain time period.
However, Lexington Law states on its website that most of its customers stay enrolled for an average of six months, with many seeing improvement within that time.
Does Lexington Law Really Remove Charge Offs?
Lexington Law can’t guarantee that it can remove a charge off. However, depending on the circumstances involved, it may be able to get a charge off removed from an individual’s credit report.
Generally, creditors charge off a debt once it has gone unpaid for 180 days. In some cases, you can get a charge off removed by disputing it or negotiating a payment in exchange for the creditor marking the debt as paid in full.
While Lexington Law doesn’t say how many charge offs it has gotten removed on behalf of its customers, it includes charge offs on its list of items it can help remove.
Lexington Law customer service
New Lexington Law customers can reach the company by phone Monday through Friday 6 a.m. to 10 p.m. MST; Saturday 7 a.m. to 9 p.m. MST; and Sunday 7 a.m. to 8 p.m. MST. The number for new clients is 833-333-8277. You can also dial 855-255-0139 to begin a free consultation.
For existing Lexington Law customers, customer service can be reached Monday through Friday from 7 a.m. to 7 p.m. MST. The customer service number for existing customers is 833-793-3000.
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