The time that Lexington Law takes to fix your credit will depend on a variety of factors such as the severity of the mistakes made, the credit bureaus involved, and the efficiency of the law firm.
It can take a long time and be very frustrating at times, but getting your credit in order is very important. You might be asking whether credit repair firms like Lexington Law can help fast-track the process. Below are the aspects you will encounter when you decide to engage Lexington Law in fixing your credit.
What Is Lexington Law?
Lexington Law has been in existence for many years and is one of the largest credit repair companies currently available. Since 1991 company has provided service to more than half a million clients in credit repair and restoration.
The services of lawyers and paralegals in Lexington Law involve auditing your credit reports, identifying negative items that can be erased, and filing dispute reports. Some of their key service offerings include:
- Credit repair: Challenging the misinformation, thereof, as unverifiable, stale, or erroneous information to be expunged from your credit reports
- Goodwill interventions: Managing to arrange with creditors to delist negative remarks as a result of hardship in payment.
- Cease and desist letters: Making debt collectors cease to call or write to you concerning the debts which are so old
- Identity theft help: Information if your data leaked
Another thing that makes Lexington Law stand out is that they have tiered packages that mean you get to pay for the specific service that you want. These are the Concord Standard, Concord Premier, and Premier Plus programs. This involves advanced credit repair services and stronger identity protection services for the higher-end packages.
Again, it brings us to the question, which credit problems does Lexington Law solve?
Lexington Law can help with various types of negative credit issues, including:
The main issues are that customers pay their bills too late and/or never pay at all, resulting in charge-offs.
- Collections accounts
- Foreclosures and repossessions
- Bankruptcies
- Outstanding tax judgments and lien
- Incorrect contact details and or identification details namely name, and address among others
- The accounts that are created to perpetrate a fraudulent act such as identity theft
You can file complaints on your Equifax, Experian, and TransUnion credit reports and show proof of errors. Thus, it is useful over time to manage one’s credit with all three credit bureaus and enhance the scores.
What Is The Time Duration Lexington Law Takes to Repair Your Credit?
The amount of time needed to correct your credit situation highly depends on the Lexington Law firm and the problems that exist in your credit reports. He added that those with low negative marks may achieve results quicker than those with multiple collections accounts, or a bankruptcy, for instance.
It is essential to understand that most individuals notice some changes to their credit reports as soon as three months after signing up with Lexington Law. Nonetheless, it could take between six to twelve months of credit repair efforts before the best outcome can be achieved.
Although there are many agencies out there today claiming to help people fix their bad credit in a short while, it is important to note that there is no quick solution to this problem. If credit bureaus are alerted of the information, they only have 30-45 days to respond to the matter. Excluding all negative items also closely relates to creditors' and lenders’ adherence to the consumer laws regulating credit.
However, to that end, Lexington Law engages a team with proficiency in consumer credit laws to help in that process. More than half a million people can attest to the impact they’ve made by assisting them. It is important to emphasize the long-term perspective towards the credit repair process, and the fact that patience is crucial here.
Month-by-Month Breakdown
While everyone’s credit situation is different, here is a general guide to the Lexington Law credit repair timeline based on average client cases:
Month 1: Lexington Law immediately requests your credit reports to look at the current accounts, late payments, collection, and any negative records. This aligns with an action plan that is designed to meet your specific problems. Letters of protest may be written in the first month against necessary information that is incorrect.
Month 2: The firm Lexington Law will continue to file disputes with Equifax, Experian TransUnion, and any other credit reporting agency that may be in the market. It is during this period that some of the clients realize that adverse items have been deleted from their reports to increase their credit scores. The verification process must add up to 30-45 days, so it is impossible to predict drastic changes in scores within the second month.
Month 3: This is the month that many Lexington Law consumers can begin to see modifications on their credit reports. The credit bureaus have had the chance to go through the first round of disputes that have been filed over the last two months. Possibly, during month three, you will encounter occasional late payments, collections accounts, and errors.
Months 4-6: Lexington Law continues requesting that other negative items on the credit report be disputed. With 6 months of continual use, Lexington Law credit repair offers significant improvements in fixing mistakes, deleting collections, and eradicating outdated data. The credit scores can increase, on average, by 50-100+ points for many clients in this period.
Months 7-9: You will have a significant improvement in your credit reports after three months of engagement with Lexington Law. Another reason for expecting your credit scores to continue to rise is that late payments and collections will not drag down your credit history as they used to.
10-12: At this point, even when you started with severe credit problems, your credit reports may still contain some negative items after working with Lexington Law for almost a year. But you are usually towards the final three months, depending on months 10-12 to make a mark on credit restoration since the worst has been washed away. They might climb by another 20-50 points by the end of one year.
Beyond 12 Months: Lexington Law; Doubling down on continuing with the law firm after a year is of little to no benefit for many of its clients unless they suffer new credit report problems. There are usually first-order performance gains in the first 6-12 months to score and report. However, there are some clients with bankruptcies or foreclosures on file, and it may take up to one year and a half to two years to get the best credit repair from Lexington Law’s tenacity.
Maintaining Your Improved Credit
After Lexington Law companies rectify mistakes and oversights that pull down your credit it is equally wise to continue the process on your own. Here are quick tips to keep your credit scores trending upward:
- As much as possible avoid being overdue in paying bills as this can lead to increased interest.
- This is specifically articulated by maintaining low balances on credit cards.
- Other banks should limit new credit applications
- This involves reviewing the credit reports every month- Create payment reminders
- In this case, ensure that you make payments whenever possible and at any cost.
It has been found that the credit repair ingredients require commitment in terms of time and consistent practice. And while, of course, clients can try to repair credit on your own, it can take months, and you can rely on the Lexington Law process to get your credit on track, much faster.
Call now for expert credit repair services: (888) 803-7889
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