Lexington Law Credit Repair

The tagline on www.lexingtonlaw.com says it all, they are "The Trusted Leaders in Credit Report Repair". Lexington Law has been practicing credit report repair for a decade and a half and has successfully helped their clients remove hundreds of thousands of negative items from their credit reports. All this time and experience has culminated into a streamlined system that is unmatched in the industry.

Credit report repair is the process of disputing the errors in consumer credit reports with the credit bureaus. These errors, which studies have show are present in almost 80% of all credit reports, can pull down credit scores and cause consumers to have to pay higher interest rates for loans or not even be approved for a loan in the first place. These errors can be caused by simple data entry mistakes, items being placed on the wrong reports, or even identity theft. Consumers with errors on their credit reports get punished for things that they didn't even do.

How Credit Report Repair Works
Credit report repair seems like a simple process. To get started, all you have to do is get a copy of your credit report, identify the negative items on your report that you consider to be "inaccurate, unverifiable or misleading", and send dispute letters into the credit bureaus. Once the credit bureaus receive your dispute letter, they reject the disputes they consider to be "irrelevant or frivolous" and perform an investigation on the remaining disputes. They have 30 days to contact the creditor and verify that the negative item should be on your report. If they are unable to do so, they are required to remove the item from your report and send you a new copy of the credit report.

The Difficulty of Credit Repair
The credit report repair process is set forth by federal legislation that was established with the positive goal of allowing consumers to fix their credit reports and providing a framework and set of rules for doing so. The problem with this legislation and the resulting problem with credit report repair is that the wording in the credit repair acts is open to interpretation. This ambiguity both helps and hurts consumers. First off, it helps because it only loosely specifies which negative items on a credit report can be disputed. As mentioned above, consumers are allowed to dispute items they feel are "inaccurate" (self explanatory), "unverifiable" (may be accurate but cannot be proved), or "misleading" (technically accurate but gives a bad impression that is not representative of the consumer).

This ambiguity is nice because it allows consumers to dispute a wider variety of items but it is a double edged sword because it gives the credit bureaus the right to deny an investigation based on the even more loosely defined criteria of "irrelevant or frivolous". So what exactly does "irrelevant or frivolous" mean? No one but the credit bureaus knows.

The difficulty of credit report repair becomes getting your dispute past the credit bureau gatekeepers who are tasked with rejecting your disputes. When performing credit report repair on your own, this becomes a frustrating and time consuming process of trial and error.

Why Use Lexington Law for Credit Report Repair
After reading the text above, the reasoning behind using Lexington Law for credit report repair is obvious. Just like you would hire a professional to install plumbing or repair a car, it makes sense in terms of time, money, and results to hire a professional to repair your credit report and help take care of a bad credit score. Why use Lexington Law as your credit repair professional? Because Lexington Law has unmatched results, is compliant with all aspects of credit repair law, and is a recognized law firm granting you client-attorney confidentiality in all correspondence with Lexington Law.

Whether you are interesting in signing up for credit report repair now or simply want more information about the process, you would be well served to check out the Lexington Law website by browsing to www.lexingtonlaw.com.