Lexington Law Review (October 2021)

Lexington Law Review

Lexington Law Review is a credit repair company that specializes in helping people with bad credit. They have been operating for over 30 years and they are one of the most well-known companies in the industry. In this post, we will do a full review on Lexington Law to help you understand what they can offer your business or personal life. We’ll discuss who Lexington Law is, how it works, and if there are any risks involved with working them.

In this review we will break down:

  • Who is Lexington Law?
  • How does Lexington Law work?
  • How much does Lexington Law cost?
  • Pros and Cons
  • Can Lexington law fix your credit?
  • Alternatives to Lexington Law

If you have a bad credit and if you want to know if Lexington Law can help, read below.

Who Is Lexington Law?

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products however our opinions are our own. 

Lexington Law Firm is one of the most well-known and best credit repair companies.

Lexington law has been around for over a decade and is one of the most trusted names in the industry today because they deliver what no other company can provide- an attorney driven process that always delivers results!

By 2010, Lexington Law has reached over 1 million people since they were created. Today they are one of the leading industry leaders and providing their expertise for technology and lawyer-driven process to their clients.

They have developed their own process that helps reduce costs so their lawyer-driven credit repair can be affordable to everyone.

How Does Lexington Law Work?

Credit Report Review

Lexington Law has a team of experts that will review your credit report with their patented technology that they have optimized for faster outcomes. They will let you know of any areas of your credit that could be negatively impacting your credit score. The Fair Credit Reporting Act requires the credit bureaus to only report on verifiable and accurate information.

Dispute Letters

The next step is Lexington Law will use their expertise of the law to find every relevant legal standard and identify all errors made by creditors or the three major bureaus, Experian, Equifax and TransUnion. Lexington law also removes negative information on accounts to make sure they are accurate as possible. When all the dispute letters have been sent it is a waiting game to hear back from the creditors and credit bureaus with their response.

This process is repeated until the items have been removed or has been resolved as much as it possibly can. If they don’t get the items removed, they use their lawyers to send cease and desist letters on your behalf.

Other Services

During the entire credit process, their attorneys and financial advisors will work with you to create an achievable plan for credit repair. This plan will help you reach your goal of a repaired or improved credit score.

You will have access to their online portal where you can view updates on the process, credit monitoring tools, and educational resources for you to use to repair your credit.

How To Sign Up For Lexington Law?

Lexington Law has a very easy sign up process. You just go to their website and sign up for a free online credit report consultation or you can sign up by phone at 1-866-356-7790.

How Much Does Lexington Law Cost?

Lexington Law has three credit repair service levels for you to choose from and their prices range from $89.95 to $129.95.

Concord Standard-Basic $89.95 per month

This is the most affordable plan Lexington Law has to offer. With this plan you will get a free credit report consultation and they will communicate with creditors and the credit bureaus on your behalf to help dispute items.

This plan is good for anyone who has just a few items they wish to dispute from their credit report.

  • Bureau Challenges
  • Creditor Interventions

Concord Premier-Moderate $109.95 per month

Lexington Law’s Concord Premier is their moderate service, that will do everything included in the Concord Standard basic plan plus you will receive credit monitoring alerts that will notify you if and when your credit has changed.

You will also receive a credit report analysis every month along with InquiryAssist which is an add-on service that will address excessive inquiries and is designed for people who need more aggressive credit repair such as multiple items that are impacting your score.

  • Bureau Challenges
  • Creditor Interventions
  • Inquiry Assist
  • Score Analysis
  • ReportWatch
  • TransUnion Alerts

Premier Plus-Advanced $129.95 per month

Lexington Law’s Premier Plus is their most advanced plan and is for people who need major credit repair services. This plan includes everything you get from the basic and moderate packages plus access to your FICO score every month, identity theft protection and insurance worth a million dollars (great for anyone that has been a victim of Identity Theft) and cease and desist letters.

  • Bureau Challenges
  • Creditor Interventions
  • Inquiry Assist
  • Score Analysis
  • ReportWatch
  • TransUnion Alerts
  • Cease & Desist Letters
  • FICO Score Tracker
  • Identity Protection
  • Personal Finance Tools

Related: FICO Score: Everything You Need To Know

Can Lexington Law Fix Your Credit?

Yes, Lexington Law can help you increase your credit score by getting inaccurate items removed from your credit report. They work with you every step of the way by providing tips on how to get out of debt, manage your money better and stay in control when it comes to finances.

While Lexington Law does have the expertise and lawyer-backed processes, they don’t anything to repair your credit score that you can’t do on your own. You can easily fix your credit with a DIY credit repair course like the Credit Repair Blueprint where they teach you how to repair your credit for life. If you don’t have the time or want an easy process that others can do for you, Lexington Law is a great option with high customer reviews.

Related: Fix Your Credit With A DIY Credit Repair Course

Lexington Law Pros & Cons

Lexington Law is a great option for your credit repair needs for many reasons:

Pros

  • Experience – Lexington Law comes second to none when it comes to their experience about credit repair. They have been around since 2004 and have had lawyers and financial advisors on staff for over a decade to help with any credit repair issues.
  • Counseling – They offer excellent credit consulting services to everyone for free plus you can access more tools like TransUnion alerts and your FICO score through their online portal.
  • Results– In 2020 alone, Lexington Law saw over 7 million removals on credit reports for their customers. They have over 500,000 downloads of their app with a rating of 4.5 with pretty good customer reviews.
  • Straight Forward pricing– Their pricing is transparent and you get what pay for with their plans and no hidden fees.
  • Spouse Discount– Lexington Law will offer your spouse a one-time 50% discount when you and your spouse sign up for a service.

Cons

  • BBB Rating– Their Better Business Bureau rating is currently a C and has some fairly negative reviews from their customers. However, Lexington Law always responds to customers to try and fix the situation. You can see their BBB listing here.
  • Expensive – While their prices are transparent it can become expensive if you need they need to send out multiple rounds of dispute letters plus the cease and desist letters. Most credit repair companies can take up to 6 months to see any difference in credit reporting.
  • Extra Charges For Basic Plan– If you sign up for the basic plan Lexington law charges you $14.99 for every credit report they pull. To avoid paying this fee, you can request your free annual credit report from the credit bureaus on your own. Use annualcreditreport.com for your free (once a year) credit report and use credit monitoring apps to monitor your credit score such as myFICO, Credit Karma and Credit Sesame.

How Long Does Lexington Law Take To Repair Your Credit?

On average, Lexington Law takes about six months to repair your credit.

While this isn’t the case for everyone, for some their credit can be repaired in as little as a couple months and other can take over a year. it is important to note that every customer has a different credit level and it can make easier or more difficult to repair your credit. This is the main reason why Lexington Law has complaints from their customers as they misunderstand why it can take so long to repair their credit while others have their credit repaired in just a few months.

If you have become a victim of fraud or identity theft it can take longer to repair your credit as they need to do extensive work to clear up your credit and make everything that is being reported is accurate and verified. This can take multiple rounds of letters and intervention in order to be resolved.

How Can I Cancel My Lexington Law Account?

You can cancel your Lexington Law account anytime by calling 800-341-8441. If you are unhappy with your service or have any questions about the credit repair process you can contact client support at 1-833-793-3000 and their service hours are Monday – Friday 7am-7pm MST.

What’s the Difference Between Lexington Law and DIY Credit Repair?

The difference between Lexington Law and DIY credit repair is that Lexington Law will do all the paperwork for you. That means Lexington Law will pull your credit report and find any inaccurate information and dispute the items to the credit bureaus, wait 30-45 days to see if that works and file a lawsuit if not. If it doesn’t work, then they have someone who can sue creditors in court – but again you would need to hire them first.

A DIY credit repair course like the Credit Repair Blueprint, will teach you how you can access your credit report for free with annualcreditreport.com and how to find any inaccurate information such as your name, address, SSN, and any credit accounts, tradelines, or hard inquiries that you don’t recognize. They will offer you free dispute letters that you can send in to the credit bureaus to get items removed from your credit.

Items that can be removed include collections, late payments, medical bills, hard inquiries, and bankruptcies. They will also teach you the easiest ways to increase your credit score, how to use credit cards responsibly, how to get personal loans and auto loans while you repair your credit and so much more.

Credit Repair Blueprint Course

Lexington Law Alternatives

if you are interested in other credit repair companies check out some of these best credit repair company alternatives:

Lexington Law Review Summary

Whether you have fairly good credit and just want to remove a few items to get to good credit or your credit needs a complete overhaul Lexington Law can help get you on course to repair your credit score.

Lexington Law is one of the best credit repair companies available and have some of the best experts in the business to fight for you and are worth a try. They stand out above other companies as they have an entire staff of lawyers and financial advisors on your side.

Related: The Best Credit Repair Companies In 2021

Do you have bad credit, no credit, or want to learn how to become a credit expert?

Signup for the #1 DIY Credit Repair Course

The Credit Repair Course includes:

  • How to find your credit report and your ACTUAL Credit Score
  • A breakdown of how your credit score is calculated
  • How to increase your credit score in each category
  • The best tools to increase your credit score fast
  • How to dispute negative items from your credit report
  • Credit dispute letter templates and when to send them
  • The best credit cards for your credit score
  • How to use credit cards to leverage your money and business
  • How to use credit cards to get free travel, bonuses and rewards

Learn how to fix your credit for life by enrolling in The Credit Repair Blueprint today!

Credit Repair Course - The Credit Repair Blueprint