For many of us, our credit scores are not always an accurate representations of who we are or the decisions we make. We can be conservative spenders, but various financial distress from job loss, divorce, or medical bills can impact our scores, and effectively hurt the quality of our lives. This was the case for me when I was unexpectedly laid off . Finances were rough and I was putting everything on my credit cards out of uncertainty. Pretty quickly, I began racking up debt I couldn't pay off fast enough. That's when the debt collectors started calling and my credit score started to plummet.
Even though I had gotten a new job and had begun to slowly chip away at my credit card debt, the damage was already done. I knew I had to improve my score before my situation worsened, but was unsure where to turn to or who to consult about my problem. Luckily, my friend who has had similar credit issues, told me about Lexington Law. Lexington Law systematically uses the law to work directly with creditors and credit bureaus to remove negative items from credit reports such as liens, repossessions, late payments and foreclosures. Once those items are removed, the score goes up, which will allow you to get approved and have a better rate on your loans. This all sounded too good to be true, so I gave them a call for a consultation.
The credit expert walked me through the process from signing up to how they would work with me to improve my credit. For less than $4 a day, I'd get access to my own personalized dashboard to see my credit report and could even request certain things to be challenged so my lawyers could begin the process of removing them. Additionally, I would be able to reach my team via phone or email whenever I had questions.
Perhaps their most helpful feature was their credit score estimator which takes three things into account -- the type of loan I wanted a better rate on (home, auto, refinancing, or even opening up a new line of credit), my current score, and how many lines I needed removed. Based on these factors, Lexington Law gave me an estimate on how much I could save on my loan. For me, I needed to refinance a loan, and my score was 600. I knew I needed about 8-10 lines removed, so just by improving by an additional 40 points, I could save up to $65,189 when refinancing!
My team of lawyers were diligent in keeping close communication with me to inform me about the items that were getting removed, and I could check my dashboard to follow the progress I was making. It's incredible to me to be able to look back at where I was a year ago and know that, in less than a year, I was able to increase my credit score, get my loan refinanced and save over $65,000. I'm so grateful that Lexington Law not only fixed my credit, but also coached me on how I can maintain my it going forward, so I don't end up in this situation again.
Update: The team at Lexington Law is extending a special offer to our readers! Follow this link, or call 1-833-334-3899 to get a free credit consultation, which includes your FREE credit report and score!
Call anytime between 7am and 11:59pm EST to get your free credit report and score!