If your credit has been negatively impacted by inaccurate, fraudulent, unfair, or unverified negative items on your credit report Lexington Law may offer a credit repair solution for you.
This company provides a single plan option with multiple focus tracks, each designed to help improve your credit depending on your specific needs. Features like credit disputes, identity theft insurance, and debt management come standard.
Comparing credit repair services is a good first step to improving your credit and overall financial situation. Our list of best credit repair companies can help you narrow down your choices.
Pros Explained
- Free credit repair consultation available: Lexington Law offers a free credit repair consultation, which allows you to speak with a representative and get advice on the best credit repair service package for you.
- Offers multiple discounts: Military members as well as spouses of existing clients can both qualify for a 50% discount on first work fees.
- Identity theft insurance available: Identity theft insurance is included with the service. Many competitors charge extra for this coverage or don’t offer it at all.
Cons Explained
- Limited monthly disputes: With Lexington Law, you’ll get a limited number of disputes per cycle. Equifax and TransUnion disputes have a combined limit and Experian disputes have their own limit. The higher the service tier you purchase, the more disputes you get. Some other credit repair companies offer an unlimited number of monthly disputes.
- No money-back guarantee: Many credit repair services offer a money-back guarantee within the first 30 or 90 days. Lexington Law does not offer this type of guarantee.
Types of Services
Lexington Law offers a single plan, which costs $119.95 per month. A variety of focus tracks are available to provide targeted help for your specific situation:
- Medical bills
- Identity theft
- National emergency
- Divorce
- Student loans
- Military service
Once you’ve signed up, Lexington Law begins working on your credit as early as day one. While you won’t see results on day one, you’ll get the peace of mind of knowing the work has begun.
Here’s a look at the services offered followed by details about each service.
- Bureau challenges/disputes
- Creditor interventions
- Inquiry assist
- Identity theft insurance
- DebtHandler
- Report watch alerts
- TransUnion FICO score
- Lost wallet protection
- Junk mail reducer
Credit Disputes
Lexington Law offers three Experian disputes per cycle. A cycle lasts 30-45 days. If it identifies incorrect or outdated information on your credit reports, it can send a dispute letter to each credit bureau to help correct the issue.
Creditor Interventions
As a Lexington Law customer, you’ll get creditor assistance or creditor intervention. With this service, the company will correspond with your creditors to request that they remove incorrect negative items on your report. Depending on the focus track you choose, Lexington Law may send goodwill removal requests, forbearance requests, cease and desist letters, and debt validation letters, among others.
Inquiry Assist
Lexington Law’s Inquiry Assist provides you with prepared letters to challenge hard inquiries that may be incorrect, outdated, or otherwise inaccurately impacting your credit score.
Identity Theft Insurance
Lexington Law offers identity theft insurance as an added measure of protection, which includes up to $25,000 worth of coverage, 24/7 monitoring, and real-time alerts.
According to research from financial consulting firm Javelin Research, around 15 million Americans had their identities stolen in 2021. Unfortunately, identity theft is fairly common, and it can be devastating for your credit.
DebtHandler
If you’re burdened by a large amount of credit card, student loan, or medical debt, Lexington Law’s debt management service, called DebtHandler, could help you develop a repayment plan that works with your budget.
Credit Alerts
When information on your credit report changes, Lexington Law will promptly notify you of the new information. Its credit alerts could help prevent significant damage to your report or identify potential identity theft early on.
TransUnion Report Monitoring and FICO Score
Lexington Law provides alerts about changes to your TransUnion credit report, along with a FICO Credit Score based on that report. Viewing how your score has changed over time (and why) can be a helpful way to track your progress toward better credit.
Lost Wallet Protection
Generally, if you lose your wallet, you need to cancel your credit cards, contact your bank, set up a fraud alert on your credit reports, replace your driver’s license, and more. Lexington Law offers lost wallet protection to help take some of the headache out of losing your wallet or having it stolen.
Junk Mail Reduction
Unwanted junk mail could put you at risk for identity theft if your personal information is included in the letter and you haven’t shredded it before putting it into the recycling or trash bin. Lexington Law offers a junk mail reduction feature that helps minimize the amount of unsolicited mail you receive.
While it may seem unlikely that identity thieves are rifling through your discarded junk mail, it’s possible. Shredding your mail is a simple step to help protect your personal information.
Company Features
In addition to its variety of services, Lexington Law offers several features designed to help protect your credit and make the process of repairing your credit less overwhelming:
- Free credit repair consultation: If you’re interested in using Lexington Law to repair your credit, the company offers a free consultation that can help you determine which focus track is the best fit for your needs.
- Mobile apps: For those interested in tracking progress via mobile, Lexington Law offers apps for Android and iOS. These apps let you view your credit score, get updates on your reports, and more.
- Discounts: Lexington Law offers a 50% discount on its first work fee to veterans and current members of the military. The 50% discount is also given to spouses of current clients.
Customer Service
If you’d like to reach Lexington Law’s customer service department, you can do so from 7 a.m. to 7 p.m. MST Monday to Friday. It does not offer customer support on Saturday or Sunday. While you can’t get assistance on the weekends, you can contact customer service through multiple channels, including email, phone, live chat, or by submitting an email ticket.
The ability to connect with a person over live chat is a relatively unique feature among credit repair companies; not many offer a live chat option.
Company Reputation
While Lexington Law offers comprehensive credit repair services and several options for contacting customer service, it does have quite a few complaints with the CFPB. Several customers complain about unclear and expensive fees, as well as issues getting certain items removed from their credit reports.
On Trustpilot, Lexington Law has a score of 3.0 (“Average”) out of five stars across more than 500 reviews. Seventy-two percent of reviewers rated it five stars. Several satisfied customers mention that Lexington Law helped improve their credit, while dissatisfied customers report that their credit score didn’t change after paying for services.
Contract Duration
Unlike some credit repair companies which may charge a cancellation fee or require that you sign up for a contract, Lexington Law has a customer-friendly cancellation policy. You won’t incur a cancellation fee if you decide it’s not the right service for you, and you can choose to cancel your plan at any time. To cancel your plan, you’ll need to contact customer support.
Cost
If you’re comparing credit repair services, be aware that Lexington Law is not the cheapest option available. Its credit repair plan costs $119.95/month.
Lexington Law offers a 50% discount on the first-work fee for spouses of current clients, active military members, and veterans.
How to Choose a Credit Repair Company
There are many considerations when comparing credit repair companies. You’ll likely want to look at the following:
- Cost: You want a company that offers the services you need at a price you can afford. As you’re comparing options, consider the fees you’ll need to pay for credit repair assistance, like first-work and monthly fees.
- Features offered: Some consumers may prefer a service that offers built-in identity theft insurance, while others might simply be seeking assistance with dispute letters. Consider the features each company offers as you shop around.
- Customer service: If accessible customer service is important to you, be sure to look at your options for reaching a representative before you choose a credit repair service (phone, email, live chat, etc.).
- Discounts: Certain companies offer special discounts. For instance, with Lexington Law, certain customers can get 50% off their first work fee. Research available discounts to see how much you can save.
- Cancellation policy: A flexible cancellation policy can be useful in case you decide a service isn’t right for you. Look into whether companies allow you to cancel any time, if a cancellation fee applies, and whether or not there’s a money-back guarantee.
Alternative Choices
While Lexington Law isn’t the least expensive option available, it does offer an array of services that could help justify its higher monthly cost. Those seeking a less expensive option and fewer services may want to consider an alternative.
| Lexington Law | Sky Blue | The Credit People | |
|---|---|---|---|
| Services Offered | Credit monitoring, Hard inquiry disputes, Debt management, Identity theft insurance, and more | Credit monitoring, Hard inquiry disputes, Credit rebuilding, score assistance, and more | Credit monitoring, Hard inquiry disputes |
| Max. Number of Monthly Disputes | 3 for Experian and 8 for TransUnion + Equifax | Unlimited | Unlimited |
| Letters to Creditors | Asks creditors to remove negative items when appropriate | Debt validation, Goodwill, Cease & desist | Creditor interventions and debt validation (middle tier service and up) |
| First Work Fee | Not disclosed | $79.00 | $19.00 |
| Minimum Monthly Fee | $119.95 | $79.00 | $99.00 |
| Customer Service Platforms | Phone, email, live chat, ticket | Phone, email, ticket | Phone, email, ticket |
Final Verdict
Lexington Law is a good choice if you’re looking for several services and features to help you improve your credit.However, it does have several complaints with the CFPB, and some users report issues with fees and no improvements to their credit.
Want to explore your options? See the top companies in the industry with our picks for the best credit repair companies.
Frequently Asked Questions
How Much Will Lexington Law Raise My Credit Score?
Lexington Law doesn't guarantee it will raise your credit score by a certain amount, because everyone's financial situation is different. Of the clients who did see an increase, Lexington Law reports that 89% of them had an average increase of 40 points.
Can Lexington Law Remove Debts?
Lexington Law doesn't usually remove accurate debts, although goodwill removal requests may accomplish this. Rather, it helps clear inaccurate negative information from your credit report by contacting the credit bureaus on your behalf. If there is a debt on your report that is wrong, inaccurate, listed in error, or otherwise incorrect, Lexington Law can work to help remove it.
How Many Months Do You Pay Lexington Law?
How long you retain Lexington Law's services is up to you. Repairing your credit report is not an overnight process, so you may need to pay for Lexington Law for several months, or until you are satisfied that your credit report is error-free. You can cancel Lexington Law at any time.
Is Lexington Law Getting Sued?
Lexington Law has faced several lawsuits over the years. The Consumer Financial Protection Bureau filed a complaint against Lexington Law in 2019, stating the company violated telemarketing laws. Lexington Law later was ordered to pay $150,000 to the state of Minnesota after a 2020 lawsuit accused it of violating state law and not being clear with consumers about services and fees.
There have also been two class action lawsuits. Rosales vs. Lexington Law Firm was filed in Nebraska in 2017 and claimed violations of the Telephone Consumer Protection Act (TCPA) and Fair Credit Reporting Act. Pena vs. Lexington Law Firm was filed in Florida in 2018 and accused the company of violating the TCPA.
Methodology
Our team evaluated 17 credit repair companies and collected over 600 data points before selecting our top choices. We weighed 39 criteria, giving the highest weights to those that are the most significant for customers.
The top picks were selected based on:
- Costs and fees (weighted 40.5% in total)
- Services offered (34%)
- Customer experience (22.5%)
- Stability (3%)
We took into account factors like how many disputes will be sent per month, what kinds of dispute letters will be sent, cancellation and return policies, and how long companies have been in business. This information was used in our company star ratings and best picks.
