Does Lexington Law work for credit repair?
Please don't answer by saying no it's a scam because they're taking money from people to do something they could do themselves. I live in a society where I wouldn't need any of you if I did everything myself, I know I can do this myself, but I'm paying someone to do it because I don't want to. So the question is whether it works/how effective they have been for credit repair. Thanks! bdancer222 you have me cracking up! Point well made, and btw I might just take you up on that shirt offer!
Credit - 5 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
It is so simple to do credit repair, a baby could do it with a good book. All you do is call the creditors and attempt to settle, and with some do a pay on delete. Honestly - the reviews on these companies are horrendous. They will charge you thousands - not hundreds and do very little for you. Most people end up in court anyway. They don't care one bit about you - they care about their BMW payments
Answer 2 :
There is no legitimate way to remove legitimate negatives from your credit report. If that is what you hope to do, you will be very disappointed. There is no special letter or secret formula to clean up your cfredit report. If there are errors on your credit report, you simply send the credit bureau a dispute. It usually gets the error removed within 45 days. Why would you want to pay someone to do that? It's on par with paying someone $50 to button your shirt. Most credit repair companies are scams. Their prime method is to dispute every negative on your credit report, repeatedly, and hope it falls thru the cracks and gets removed. Problem is that even if the item does get remove, it is likely to show up on down the road when the creditor updates or if the debt is sold to another collection agency. But if you want to pay Lexington Law or any other credit repair service, go right ahead. It's your money and you can spend it any way you want. By the way, I'm running a special on shirt buttoning this week -- 3 shirts for $150. I have a friend who will read your clock and tell you what time it is for only $10 a shot.
Answer 3 :
I agree with Huntsman. Those places are a rip off & all they do is send out a ton of disputes, and that doesn't help you!! If your acct is still with the original creditor, it's fine to call. If it has been sold to a collection agency, please do all your correspondance through the us mail. You want at least the collections removed if possible, and the way to cover your...ahem, backside, is to get them to agree to delete in WRITING. If you can afford to...pay the entire bill. Any creditor is more likely to remove baddies at your request if you have the full amount ready to go! Never throw out any correspondance. Keep it for the next 7.... **I'll button 3 shirts for $125...and send text messages with the time every hour for .50 per....
Answer 4 :
I think everyone just answered like you asked them not to. Yes you can do it yourself, but you have never done it before and do you want to do it. You are paying for Lexington Law to negotiate with your creditors and send disputes to your credit bureaus. If you want to do it yourself you wouldn't be asking the question, but you want to know if they work. Yes there are credit repair scams out there, but they are usually smaller companies that steal your information and don't do any work for you. Lexington Law is the biggest credit repair company in the nation and they have an A rating with the Better Business Bureau. According to their site they have removed over 1 million negative items this year and helped over 500,000 clients. So decide for yourself, but just because you can do something yourself doesn't mean you should and even mean you need to.
Answer 5 :
I've been using Lexington Law for a few months now and they've done a great job for me. I recommend them for credit repair all the time because of the great results I've had. I agree with Archer Credit guy, the smaller companies are the ones you really need to watch out for. Lexington Law is an actual law firm so they're held to a higher standard than most of the other credit repair agencies
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