Lexington Law Firm Prices
But patience is crucial in any repair process, whether you`re hiring a company or a handyman. Few industries have such a reputation for credit recovery. We examine these companies with a very critical eye and compare the quality of services with advertised prices to give you an honest and unbiased opinion. The high number of complaints and/or a series of lawsuits are both considered important warning signs among credit repair firms. In our Lexington Law Review, there is a table of prices that depend on the level of credit repair service. There are Concord Standard, Concord Premier and Premier Plus priced at $89.85, $109.95 and $129.95, respectively. One Yelp client noted that while Lexington Law`s services were producing the desired results, they felt the company was “ticking the clock.” Lexington Law began focusing almost exclusively on credit repair services in 2004, with the goal of revolutionizing the credit repair industry by combining technology and legal expertise to help consumers achieve better creditworthiness. In 2010, the law firm had registered more than 1 million requests for its services. Many of the negative reviewers stated that they did not receive the expected level of service. Clients felt they were guaranteed results.
No credit repair company should ever guarantee results, as every credit situation is unique to each individual. Lexington Law says its clients use the firm`s services for an average of six months. However, it depends on the type of information that negatively impacts your credit report. Some issues can be resolved in just over a month, while others can take nearly a year or more. Lexington Law opened its practice in 2004. The company began by offering credit repair services and eventually expanded to other related services. Blogs and industry sources often talk about this company for two main reasons: If you`ve researched credit repair, you`ve probably heard of Lexington Law. The company is one of the largest and most successful groups when it comes to removing negative elements from consumer credit reports. But how much does Lexington Law cost? Small businesses in the credit repair industry retain BBB accreditation. It`s a bit strange that Lexington, with its abundant resources, doesn`t sign up for its own accreditation.
Agencies in this industry offer (mostly) a basic service: credit repair. Customer training is generally not a business-to-business strength. However, the company provides its customers with a handful of other means of communication: regulatory measures. Lexington Law is the subject of a lawsuit filed by the Consumer Financial Protection Bureau. On May 2, 2019, the Consumer Financial Protection Bureau filed a lawsuit against Lexington Law and related companies. The lawsuit alleges that Lexington Law unlawfully solicited and received payment of prohibited advances for its credit repair services and that the company made misleading statements in its marketing. The company denies these allegations, saying the rules it is supposed to violate are outdated and have not been applied or interpreted against the credit repair industry. The Court has not yet ruled on the questions of fact and law raised by the present case. With Lexington Law, you get an experienced firm that specializes in credit repairs and has the legal knowledge to take full advantage of the provisions of the Fair Credit Reporting Act.
But the law firm also had regulatory issues that, while they don`t directly affect the credit repair process, you should consider when evaluating the business as a whole. If you have a problematic credit report, Lexington Law is a very visible company that you can hire. Lexington Law has impressive features and affordable pricing plans. The company`s services are ideal for clients who want to ensure financial stability and increase their credit score. You can contact Lexington`s legal professionals through their website for more information. The PremierPlus plan: the company`s highest service offering. In this package, customers enjoy all the benefits of the Concord Premier with the added benefit that the company sends termination and forbearance letters to the respective parties. PremierPlus subscribers will also receive FICO score tracking, identity protection services and personal finance tools.
Lexington Law`s resources are extensive, if not exhaustive.