Has anyone had success working with Lexington Law?? I've used them for the past 4 months, and my credit rating is sinking fast.
One last attempt... Has anyone worked with Lexington Law, or a similar company? I have, and am curious to hear other's experiences. I am thinking of canceling my agreement with them, but may not if others have seen success.
I don't know anything about them, but I thought about using them. Then I kept thinking... They don't have any magical powers or knowledge that isn't already on this board. I took some time, looked at each account closely, and carefully developed an attack plan for each. Within a month all but one of my negatives are gone, while only spending $25 on postage, and a few bucks on some small accounts. With some time, carefully planned strategy, and dedication you can really do alot on your own!
Thanks That is the direction I am leaning. For the past 4 months, I've given them $80. Although they've successfully deleted several negative items from my reports, I am sure I could've done the same, or better. Plus, the $80/month could've gone towards paying off valid records on my reports. Do you know where I can get a sample Payment by Deletion letter?
i think there are sample letters in a sticky somewhere in the top of the forum. i've had success using my own, which basically states " i checked my credit report and you're on it stating i owe you $xxx. while i do not agree that i owe you $xxx, i am willing to pay $xx in exchange for your agreement to delete your listing from my credit report(s) and your further agreement not the reinsert the listing in the future. " it hasn't worked on every account i've tried to use it on, but it has worked. the key is to be nice and persistent. if they respond with anything other than acceptance of your offer, write them another short letter restating your terms. "Thank you for your correspondence of blah blah date. To reiterate my earlier offer, i will pay you xx in exchange blah blah."
I'd stay clear of most large credit service organizations. The smaller ones may give you more personalized attention in terms of a course of action, however, you can largely do the same on your own given the appropriate amount of time to learn what you're doing. If you do not have the time, be sure to check the licensing of the CSO as well as the BBB. If possible, look to those with attorney's and legal professionals insofar as these people are bound by their state bar and the MRPC (plus, they're usually not an idiot and have at least been to law school rather than a weekend course if anything at all). CSO's are to be utilized by those with no positive tradelines which need them fast, sticky derogatory tradelines, people who are to busy or unmotivated to learn the process, and those which need a score bump in a hurry. If you're not in a rush and have the time, you can probably do as well on your own.
I agree with Apex. Lexington is not good. I actually hired them a few years ago and could not cancel. I kept trying to cancel and they just kept billing me. I either cancelled the card they were billing or it expired. They sucked. If you don't want to do it yourself (it does take some time to learn) hire a small, boutique service and maybe call Apex and talk to him. I don't know him and have never communicated with him, but he's seems pretty knowledgeable. He always seems to give well thought out advice. Learning about credit is my new hobby. Mine is pretty decent, all ficoâ??s over 750, but I like learning about this stuff and since everything on tv is a re-run at the moment, I spend a couple of hours a day soaking up all this info. Others just want to fix their scores and not spend 50 + hours in the process and that is understandable. I could replace the tile in my bathroom myself. But I donâ??t want to learn how to cut and lay tile, so I will gladly pay someone with experience in that area to do it for me. Sometimes it is better to hire a pro (as long as you know ther ARE a pro and not an amature).
I actually used Lexington a couple years back and they helped me dramatically. They removed in total probably about 10 negatives from all my reports (including a judgment, chargeoffs & lates). However, I have been kind of doing some repair on my own here and there since and I have had pretty much the same results. Guess it depends on if you have the time and patience to do it on your own (can be a pain) or would rather pay the monthly fee to have them do it for you. Hope this helped a bit.
Yes, thanks for your input. I feel like I could've accomplished what Lexington did, and saved my $80/month. It does take a lot of time, but I think its worth it. Thanks
Credit Repair organizations When it comes to credit repair organizations Lexington is one of the better ones out there as far as I am concerned. I've never done any credit repair for myself or anybody else but if I were faced with the problem I'd probably do it myself so I think that those who tell you to do it yourself are giving you the best advice.
