Lately, I've written a few somewhat nasty comments about Lexington Law Firm because I felt they were screwing over one of my daughter's friends. My comments had more to do with Lexington's lack of communication with their clients. That's still the case, and I meant every damned mean thing I said about them. Nonetheless, they have done some nice work on her behalf. For quite some time, she had problems with some messed-up lines from GMAC. For the life of either of us, we couldn't figure out what steps to take to fix the mess. Within the last few days, she received her Experian and Equifax reports and found that all of the information from GMAC had been deleted completely, making those credit reports almost clean. Now we'll have to hope those items will stay off the credit reports, but there's hope! Unfortunately, she has one collection charge-off. The amount is only $197 for an unpaid telephone bill, so it's too small for Lexington to work with. The agency has verified it twice, and it is a legitimate debt. Still, we've tried to negotiate with them, and they refuse to budge. She's offered to pay the full amount in exchange for having the item expunged from her Equifax report. Although the debt is uncollectible because the SOL has run out, they refuse to drop it. I'm thinking she might as well let it go until it drops off her report in two years. By the time those two years are up, maybe some of those damned inquiries of hers will dry up too. When I looked at her Experian report, I found 40 inquiries for the past two years and 20 in the past 6 months. She had more inquiries on her Equifax report than I wanted to count. Ironically, many of them are from repeat applications to the same companies, and all were from online applications. I'm seeing the same pattern from my daughter. She has buttloads of inquiries on her reports and far too many credit cards. Is there some sort of addiction involved in making online applications? No matter how much negative information is deleted from their reports, their credit ratings will suck major portions of arse until they knock it off with the freaking inquiries. I wonder how big a pickaxe handle I'm going to have to buy to beat some common sense into the heads of both those dizzy broads! Rebuilding credit while racking up the inquiries is simply pissing in the wind!
Hi Doris Your right. Too many inq can kill you! I work in equipment leasing and I have seen some people get turned down solely because of the sheer # of inq. Sometimes the credit risk score is still high enough to get approved but it makes some of our funders wonder why there are so many inquiries. You really don't want to make a potential funder wonder why he is the only one willing to consider finance you. Makes them very nervous and some will just pass on the deal.
Lexington is indeed funny. Recently, I closed a CC account to which my monthly membership was charged...therefore my past payment to lexington is past due. After 4 (four!) phone calls , 3 emails, nobody called me back to get the new info. Meanwhile, I am very happy with the results of service..
Doris, This is how I got a $300 telephone debt removed from my Experian and Equifax reports: The phone company never had reported the account to the CRA's, only a collection agency. I contacted the phone company and the rep said I should pay the collection agency. She also said that if I send the phone company the payment they wouldnt refuse it. So I paid the phone company and waited until my CR stated "paid collection". Then I disputed the collection agency saying " I dont them and never have dealt with them". The account was deleted. I am told that the collection agency probably didnt respond since the balance had been paid. People on this board say that this system works; pay it off, then dispute, no response, account deleted. As a matter of fact, I have another small charge off for $200 and the creditor actually told me to pay them, dispute, and they will not respond. I don't know if I should trust this creditor but so far I have 1 deletion using this method. I plan to use for 2 more accounts.
Funny you should mention that. I also have the monthly CC payment setup with them. About a month ago my bank switched my card to a gold account and the acct. # changed. I forgot to call Lexington to notify them so about 2 weeks ago I get an email saying that the monthy payment was denied. I email back to them explaining the situation and asking where to send new CC info. to., finally after about a week of no response I email again and a couple of days later get a response with a phone # to call with the new info. I've called every day for the last 4 days and just get an answering machine. I've explained the situation and left my contact info., including cell # everytime and still have heard nothing back from them! Really strange thing is that every time I've contacted them by email in the past on other issues they've responded very quickly. Guess they're not too interested in getting paid! Kirk
Almost a year ago, When I fired this outfit. I sent them an Email day after a 35.00 payment had been posted to my account. I stated that I was cancelling my service and had told my bank reject any further fund request from Lexington. I also said I felt that I wanted to see the final payment by mail, Please send address. I did this because It appeared that this companies was like all the Co that are quick to do a autopay but will not refund as quickly (AOL, PCS, etc) To this date Lexington has never sent a reply or even a payment reject notice. My bank said there was an attempt. Don't get me wrong, I owe them 35.00 but I guess my money not worth the time to drop me an email or phonecall Steve1040
Hmmmm...It just makes you wonder who the hell is minding the store. I'm just curious as to what type of setup they have. Since there's obviously no one to answer the emails or telephone calls, the firm seems to be a bit shady. Maybe all the disputes are generated by under-age workers in a Honduran sweat shop. That's as good an answer as I can come up with. ;-)
