lexington law credit repair review picture

Review of Lexington Law Credit Repair Firm

Lexington law credit repair service was established in 1991. It has been in this industry for two decades. It has twenty-four attorneys and hundreds of the agents and paralegals in nineteen states. This law firm has helped many clients to improve their credit score and to fix their bad credits. Lexington law repair credit service has a good reputation for offering quality service. It is one of the most reliable and trustworthy credit repair companies of the USA.

If you are going through a bad phase of life and facing some financial problems, you can take the help of this law firm to resolve your financial difficulties and to improve your credit score. To help you more about the service, we used the Lexington law credit repair reviews from Crediful.com

Lexington law credit repairs reviews

lexington law firmAs mentioned above, this law firm has twenty years experience in this industry. They understand the complexities and nature of the bad credits and can suggest valuable options to deal effectively with these kinds of situations. Moreover, it offers educational resources, customer care services, and online interface to make it easy to reach them and to be benefited by their services. This law firm is considered as the best options for credit repair and to improve credit scores.

What they offer

You can get many benefits by choosing Lexington law credit repair services. Following are some of the benefits.

  • Two decades experience in this industry
  • Understand the client’s concerns and help them with the best service
  • Customer care service to resolve any doubts
  • Good reputation in this industry
  • Free consultation
  • It offers $50 couple’s discount for your spouse
  • Educates the clients about all the procedure
  • Give you a proper analysis of your financial condition
  • Offer coaching to help the clients how to improve the credit scores

Lexington Law Credit Repair Service

Lexington law credit service offers two types of services one is Concord Standard Service and another is Concord Premier. If you choose Concord Standard plan you will get the access for unlimited disputes within a monthly plan. Unlimited disputes include all types of disputes that might be a late- payment notice or an important bankruptcy case. With Concord Premier Plan, you will get many offers and features such as credit analysis, Inquiry assists, and report watch. By this procedure, they will analyze all your credit record and both positive and negative points. Ultimately, they will send you all the details with their tips and suggestions. You can choose any of these two plans according to your requirements.

401k to gold IRA rollovers guide

The USA congress created IRA and 401K plans to help citizens privately plan their post retirement financial needs. Many employees in the United States exclusively relied on benefits from the social security upon their retirement. However, this changed in 1974 with the introduction of ERISA law which effectively changed retirement plans to Direct Contribution (DC) plans from Direct Benefits (DB).

When should you consider 401k to Gold IRA Rollovers?

If you are interested in a 401k to Gold IRA rollovers guide click that link for the best information on the net. If you have already set up a retirement plan such as the 401K but with funds in it. The congress originally created the 401K as an executives’ tax dodge around 30 years ago. Initially it wasn’t meant to be the primary Americans retirement vehicle but within the last twenty years it has turned into one. Furthermore, workers were not eligible for it at its start. It was only executives who tried shielding some of their incomes from the regular tax at the right time. They were able to put it at a place where the government would not tax it.

The major problem with the 401K is that the closer you are to retirement the lesser choices you can make and the higher the chances of losing more money. What has happened is that people who had few hundred thousand dollars in their 401K account around ten years ago and had the standard investment alignment, have less than that amount today. And therefore, most individuals who are going into their retirement are going with very little amounts in their accounts. Most of them are also forced to work past the retirement age. As a matter of fact, in the 401K there is a quirk which is the more closer you get to retirement the more likely you are to lose money incase the stock market comes down. This will happen if you are only putting a little money in your account.

Converting your 401K account into gold backed 401k account

The conversion of a 401K account into a gold backed 401 account is something easier. The conversion method exposes you to the precious metal without putting down any money. This conversion also highly depends on your current situation. If you have an ex-employer 401K account, you can rollover the funds into a self-directed IRA mostly referred to as the traditional IRA. The traditional IRA will offer you a chance to purchase Gold or any other precious metal with the money you will have deposited within 60 days into this account.

The process involves:

• Setting up a gold IRA account with trusted brokers or custodian.
• Funding the account with rollover funds not less than 401K.
• Executing a trade which involves buying the precious metals.

The Truth About Credit Repair

Credit repair eliminates bankruptcy, bad loans from once file among others. Most consumers do not understand what credit repair does and what it does not do also and whether the company they consider is legitimate. Goal of credit repair is to assist their customers by all means legal or not using tactics like the ones below: One of the tactics is file segregation whereby consumers are directed to apply for IRS for employer identification number and then use the number when applying for credit so that the new credit file is created which the debts of the past will not appear in. Second tactic is identity theft whereby a consumer intentionally or innocently applies for credit using another person’s information that was stolen and also to report unpaid debts accurately as fraud in order for one to escape paying.

For this to be done by consumers they have to fill out a police report and cheat which is illegal. therefore, most credit repair companies are not using their tactics in legal way.

This companies actually want to genuinely assist their customers to improve their credit using three steps as shown below; Firstly, companies asks the clients to forward their copies to them of their credit which are directly obtained from the three agencies i.e Equifax, Trans union and Eperian.


Secondly, the company recommends items client should dispute on the report. Finally, credit reporting agencies are conducted by the credit repair companies to challenge those questionable items on the credit report.the clients have the right to dispute any inaccurate information or incomplete information on the clients credit reports and the credit report agencies shall investigate the dispute without charging the clients. There are several reasons why clients use credit repair and among this reasons is that the customers believe credit repair companies have their own methods of eliminating information known to them only and also they believe that there are mistake they cannot correct themselves on their credit report and finally they are overwhelmed and they require someone to take care of their report on their behalf.

What to look for in credit repair companies

Companies that requires clients to pay before the service, doe not tell the rights of the client and those resisting one not to conduct credit reporting agencies directly are warned of.

Therefore, law does not allow credit company to make false claim about their services and charge their customer before they offer service and finally to perform any task without client’s signature. Clients contract should specify terms of payment, description of service, time taken for results to be obtained, company’s name and address and finally any assurance the company offers.

How To Repair Your Credit

In today’s society, it can be difficult to safeguard your credit score, and once that score begins to drop, it can be even more difficult to know how to repair your credit. That repair will never be an overnight process, but it can be simple nonetheless. We’ve all seen advertisements offering to detail “How to Repair Your Credit Score” if you’ll only pay for specialized counseling.

A few tips and tricks for you

credit repair dispute lettersThere are a few tips and tricks that a credit counselor might offer, usually, these involve educating yourself on how credit reporting works. They often advise about items “falling off’ of your credit after a given time of non-payment. This is true, yet your score remains unaffected. Credit counselors will also suggest sending letter after letter to dispute the validity of the claim. The idea is that eventually one will slip by, and if such a dispute is not confirmed as legitimate within 30 days, the claim is dropped. Again your credit score will still be unaffected.

This will not technically improve your credit score, and therefore shows you little on how to repair your credit. There are ways to patiently observe your credit score improve. The first step is to look for a secured credit card. These are offered by many local banks as well as at larger credit card companies. Usually, you can find a card with a limit as low as $200.00-$300.00.

This means you will pay the company this money up-front, and they will then send you what is essentially a prepaid card with all the benefits of a credit card. Use this card wisely. Pay the balance on it monthly.

Credit cards to help your credit rating

You don’t have to use the card frequently, even something as simple as filling your gas tank once a month with the card will suffice. As long as you pay on time, this builds credit. Avoid “soft hits” to your credit. These occur when you apply for a loan, a credit card, a new service, or any time your credit is “checked” by a business.

These are minor hits that barely affect your overall credit rating, but over time they can add up. Lastly, be sure to pay your bills on time, every month. If it has your name on it, paying late will always negatively affect your score. These tips on how to repair your credit are not going to be an instant remedy, but with time and conscious effort, your score can be improved significantly.