Lexington Law is the Cadillac of credit repair services. It offers all the bells and whistles you could need to go along with your credit repair, including credit report monitoring and identity theft protection services. Of course, just like with a Cadillac, those extra come at a price. If you are looking for the most comprehensive service and are willing to pay for it, Lexington Law could be the right fit for you. Here is our full Lexington Law Credit Repair review to give you better idea of how the service works.
- Price: Lexington Law Credit Repair actually has three different tiers of service, which cost $79.95/month, $99.95/month or $119.95/month, depending on the service you choose.
- Features: The first tier of service, Concord Standard, offers the same credit repair basics that SkyBlue offers. The second tier, Concord Premier, adds a second level of credit repair assistance, as well as monthly credit monitoring and a credit score improvement analysis. The third tier, PremierPlus, adds identity fraud alerts and personal finance tools to help you monitor your finances.
- Cancellation: Lexington Law’s services are month-to-month, so you can cancel at any time.
- Reputation: Lexington Law is the only credit repair service run by actual lawyers, so its reputation is strong. It also has an A- rating from the Better Business Bureau.
- Guarantee: Lexington Law only charges for the work it has already completed.
- Customer Service: Lexington Law has a comprehensive customer service network which can be very helpful, including phone, email and chat.
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Full Lexington Law Review
Lexington Law is the most trusted name in credit repair. It is a service run by actual credit repair lawyers who know the ins and outs of credit repair and the best ways to increase your credit score. It also includes great extras like credit monitoring and identity theft, as well as customer service to keep you up to date on your credit score efforts.
Price: $99.95 to start, $79.95/month after
BBB Rating: A-
Guarantee? Lexington Law only charges for the work it has already completed. It is also a month-to-month service, so you can cancel any time. You can check out Lexington Law here or call (844) 259-3376 to talk to a live person.
How Does Lexington Law Credit Repair Work
Lexington Law is very good at on-boarding new customers. It has sales representatives that will take you through the process on the phone to make sure you don’t get lost, although it’s pretty simple. You fill out an application, which a representative can help you with, that includes both personal and financial information about you. Lexington Law will then help you get your three-bureau credit reports and go over them with you to determine the best items to focus on.
What happens next? Well, it depends on which package you choose to buy. Let’s start with the basic plan. Here, you are getting the nuts and bolts of credit repair. Lexington Law will take the items you agreed upon and either negotiate with your lenders, dispute the items, fix any errors or go after any legal loopholes it knows of to help get your negative items removed. This process is repeated every month until you are satisfied.
If you go with the Concord package, you get a boost of legal help in disputing your negative items. Lexington Law will dig a little deeper to find additional loopholes and legal tools that can help get negative items removed from your credit report.
If you choose the Concord Premium package, you get everything mentioned above, as well as credit report monitoring, so you can track your progress, as well as identity theft protection that can monitor any signs that you may have been a victim of identity theft.
For any of the packages, you get a dedicated paralegal who will not only keep track of your account, but also give you advice on how to improve your credit score naturally and tips on how to keep it healthy in the future.
Is Lexington Law Credit Repair Legit?
This is probably one of the biggest questions when it comes to credit repair. There are a lot of scams out there when it comes to credit repair, and even the most reputable services can be very sales driven, even if they stay within the legal guidelines.
The good news is there are legal guidelines that credit repair services must follow. According to the government’s Credit Repair Organization Act, there are rules that every credit repair agency has to follow in order to be legit. If your credit repair company doesn’t follow any of these rules, it may be a scam:
- Credit repair agencies cannot ask for payment upfront without completing the work first. (This does not apply to initial payments to begin the work.)
- All contracts between you and the credit repair agency must be in writing. If anything is not in writing, don’t believe it.
- All credit repair agencies need to have an easy cancellation policy. Most legit credit repair agencies have month-to-month contracts because of this rule, so you can cancel any time.
Keep these rules in mind when choosing a credit repair service.
Lexington Law does adhere to all of these guidelines, which is a good start. It also has an A- rating from the Better Business Bureau, which is an excellent score for a credit repair service, and means they have few complaints again them as a business. It has also been around for over 25 years, and in order to stick around in the credit repair world that long, you need to be doing things legitimately and also giving good results to your customers.
Common Lexington Law Credit Repair Reviews
Lexington Law reviews are almost always rated at the top of any consumer site’s list of credit repair service, mostly because they offer such a robust toolbox of credit repair options.
Although Lexington Law is one of the most trusted credit repair services available, it still has its share of negative reviews. Common customer complaints usually revolve around Lexington Law being too slow or not raising their score enough. Both complaints are usually more the fault of the way credit repair works than the actual credit repair service.
How credit disputes work: First off, credit bureaus get upset when they are flooded with disputes that they have to verify. If a credit repair companies send 20 disputes at one time, instead of just one or two, the credit bureaus can become overwhelmed and this looks poorly not only on the credit repair site, but also you as a consumer. This is why most reputable credit repair sites try to dispute items one or two at a time. This process seems slow to the consumer, but it gives you more of a chance of having items removed and staying off your report.
Credit score increase guarantee: Second, let’s be clear about this, there is no guarantee when it comes to credit repair. While you can get your money back if you aren’t satisfied in some cases, no reputable credit repair service will guarantee to raise your score because there is no sure-fire way to do that. Everyone’s credit history is different, and in some cases, there is just no quick solution to a bad credit score.
That being said, there are a couple of legitimate negative reviews against Lexington Law. The company can be a little sales-driven, which turns some customers off. The key is knowing what you are looking for and making sure the company is providing that without trying to scam you.
Is Lexington Law Right For You?
There are a couple of questions you need to ask yourself before deciding if Lexington Law Credit Repair is right for you:
- How much money do I have to spend?
- Do I need extras like credit report monitoring or identity theft?
- Is personal attention more important to me than having a larger company handle my account?
- What am I hoping to get out of this service?
These will help you make a better decision when it comes to choosing the right credit repair company.
If you are willing to spend a little extra money to get quality service, then Lexington Law is a good choice for you. If you are on a budget and just need to basics of credit repair to help you raise your score, you could try a service like SkyBlue Credit Repair.
If things like credit report monitoring or identity theft are something you want included with your credit repair, pick Lexington Law. Adding these on to your credit repair service can often be cheaper than signing up with another credit monitoring or identity theft protection site.
Personal attention is not what Lexington Law is best known for, although you do get your own personal paralegal to help you with things, so that’s definitely a plus. The benefit of Lexington Law as a larger company is that it has more resources to devote to each of its clients, which will hopefully mean better results.
Really, it comes down to what you are hoping to get out of the service. If you are looking to raise your credit score fast, Lexington Laws methodical approach might be too slow for you. If you are looking to breath life back into your credit score and make it healthy again, regardless of time constraints, then Lexington Law is a perfect fit.