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Should I
Use a Credit Repair Service?
There are some benefits to using a credit repair company and there
are some real disadvantages too. The first thing to think about is
why you want to use a credit repair service? Is it because you have
bad credit that you want to fix but simply don’t know how? If this
is true then try reading a bit of information about how to fix bad
credit to see if you think this is something you can do.
If you don’t have time to sit down, write letters and go through the
credit reports to see what you can dispute, then a credit repair
company is probably for you. A credit repair company will take care
of all the tedious tasks that are involved in disputing bad credit
marks on your credit report. You should however make sure that you
use a company that knows the law so that they can properly
understand your needs.
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Lexington Law is the trusted leader in credit repair. Having served over 200,000 clients since 1991, they have the experience necessary to make credit repair work for you.
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The lawyers of Lexington Law will fight to remove negative items from your credit reports, so you can improve your credit score, and start living life without limitations. more

Along with outstanding client support, their service includes unlimited disputes and deletions. Lexington will not rest until you are satisfied with your credit report results. more

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"My experience with the Lexington Law Firm has been wonderful from
beginning to end and the results you achieved are remarkable. It is also noteworthy, that the fee I paid for such superior professional service must be one of the truly great bargains of all time. My warmest best wishes to you all."
— R.S., Lexington client |
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"Thank you for all the wonderful work your staff has done on my behalf. The creditors that I wanted removed are no longer there... I couldn't have done it without you, nor would I ever want to. You and your staff are truly professionals and I bow to you."
— C.F., Lexington client |
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To fix bad credit yourself, all you have to do is request your
credit report, read what’s on it when it arrives, and write a letter
to dispute the bad credit that you believe is unfair or untrue. At
this point you can also write to your creditors to try and negotiate
a reasonable pay off plan in return for removing the debt from your
credit history. When you pay a credit repair service, this is
practically all they do. Firstly they request your credit report or
reports, if they are requesting more than one report from the three
big credit bureaus.
When not to use a credit repair company
A good credit repair service will be upfront and honest about what
they can and can’t do. They will be clear about how much they charge
and clear about what you will get from the service.
A bad credit repair service will probably do some the following:
* Try to confuse you with financial jargon so you don’t understand
what they are doing
* Don’t tell you what your legal rights are
* Tell you not to contact one of the credit bureaus directly
yourself
* Suggest that you try to invent a new credit identity and then
apply for a new credit report. This can be done by applying for an
Employer Identification Number (EIN) to use instead of your Social
Security number.
* Tell you to try and remove all your bad credit regardless of
whether it is true or not. If you do this and are found to be
committing fraud, you may be held responsible yourself.

So if you are thinking about using a credit repair company you
should remember three things:
* Only inaccurate information on your credit report can be removed.
So if a credit repair service says they can repair you credit
‘guaranteed’, this simply isn’t true. Credit repair companies have
actually been successfully sued for claiming they can remove bad
credit when in fact they can’t.
* Credit repair companies can charge high prices for doing something
that is pretty routine, so don’t pay big prices because it probably
isn’t worth it.
* When a credit repair organization requests your credit report, the
credit companies won’t accept any disputes unless it is accompanied
by a notarized power of attorney that authorizes a licensed attorney
or if the power of attorney is unlimited and irrevocable.
Alternatively you or a family member can do it on your behalf.
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