Investopedia’s Rating 4.1 Our Take Offering multiple credit repair options and accessible customer service, Lexington Law could be a good choice if you’re looking for customized solutions and easy-to-reach customer support. However, this credit repair service has several complaints with the Consumer Financial Protection Bureau (CFPB). The CFPB has proposed a settlement with a group of companies operating some of the largest credit repair brands in the country, including Lexington Law, requiring them to pay a fine of $2.7 billion and banning them from telemarketing credit repair services for 10 years. The companies collected illegal advance fees through telemarketing, violating federal law. More than four million consumers have been cheated out of almost $3.1 billion, the CFPB said. Pros & Cons Key Takeaways Company Overview Founded in 2004, Lexington Law has grown to become one of the most established and well-known credit repair companies in the U.S. It offers tiered credit repair solutions with multiple services, including debt management, credit disputes, report monitoring, and more. Customers in 48 states, excluding Oregon and North Carolina, can access Lexington Law’s credit repair services. The company claims it has successfully disputed over 77 million items on its customer's credit reports. overall rating 4.1 Table of Contents Lexington Law Credit Repair Review Pros Explained Cons Explained Types of Services Company Features Customer Service Company Reputation Contract Duration Cost How to Choose Alternative Choices Final Verdict FAQs Methodology 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 three tiered plans, each with different services designed to help improve your credit. Features like credit disputes, identity theft insurance, and debt management come standard with each plan. Its Premier Plus plan offers additional features like free access to your TransUnion FICO score and a budgeting tool to help you better manage your finances. 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. Like many other credit repair companies, Lexington Law offers tiered plans based on the level of credit repair you need. Those who need minor assistance may benefit from its Concord Standard plan, while those needing more extensive help might choose its Concord Premier or Premier Plus plans. Once you’ve signed up for a plan, 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 with each plan followed by details about each service. Each plan from Lexington Law comes with three Experian disputes per cycle. Plans differ in the combined amount of Equifax and TransUnion disputes you are given per cycle with the most expensive plan having eight. 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. 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 that they had put on your report. The number of interventions you get per cycle is determined by your plan choice. The service could possibly also include things such as goodwill letters, cease & desist letters, and debt validation. Check with Lexington Law for details. 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. 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. 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. 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. 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. With Lexington Law’s Premier Plus plan, you get access to your TransUnion credit report and FICO Score. Viewing how your score has changed over time (and why) can be a helpful way to track your progress toward better credit. 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 headaches out of losing your wallet or having it stolen. If you’d like to get better at managing your money over the long term, Lexington Law’s Personal Finance Manager may be able to help. 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’s Premier Plus plan 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. 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: 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. 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. 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. If you’re comparing credit repair services, be aware that Lexington Law is not the cheapest option available. Its Concord Standard plan costs $99.95/month, its Concord Premier plan costs $119.95/month, and its top-tier Premier Plus plan is $139.95 monthly.There is also a Lexington Essentials plan for $59.95 per month, but it is unclear if this is still available. In addition to monthly plan fees, customers will also incur a separate first-work fee, which will vary depending on the plan you choose. Lexington Law’s website does not specify how much these fees are. Contact the company and find out how much you'll need to pay, if you're interested in signing up. Lexington Law offers a 50% discount on the first-work fee for spouses of current clients, active military members, and veterans. There are many considerations when comparing credit repair companies. You’ll likely want to look at the following: 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 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. 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, 89% of them had an average increase of 40 points. Lexington Law doesn't remove debts directly. 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 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. 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. 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: 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. Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Consumer Financial Protection Bureau (CFPB). "Consumer Complaint Database." Lexington Law. "Frequently Asked Credit Questions," Click "Does Lexington Law Offer a Military Discount?" Lexington Law. "How Much Does Lexington Law Cost?" Javelin. "2022 Identity Fraud Study: the Virtual Battleground." Lexington Law. "Identity Protection Is Only Part of the Equation." Lexington Law. "Frequently Asked Credit Questions," Click "Does Lexington Law Offer a Family or Household Discount?" Trustpilot. "Lexington Law." Lexington Law. "Our Services." Consumer Financial Protection Bureau. "Consumer Financial Protection Bureau Files Suit Against Lexington Law, PGX Holdings, and Related Entities." State of Minnesota Department of Commerce. "Consent Order." United States District Court District of Nebraska. "Rosales vs. Lexington Law Firm." ClassAction.org. "Pena vs. John C. Heath, Attorney at Law." Pros Explained
Cons Explained
Types of Services
Premier Plus Concord Premier Concord Standard Bureau challenges/disputes ✓ ✓ ✓ Creditor interventions ✓ ✓ ✓ Inquiry asist ✓ ✓ ✓ Identity theft insurance ✓ ✓ ✓ DebtHandler ✓ ✓ ✓ Report watch alerts ✓ ✓ TransUnion FICO score ✓ Lost wallet protection ✓ Personal finance manager ✓ Junk mail reducer ✓ Credit Disputes
Creditor Interventions
Inquiry Assist
Identity Theft Insurance
DebtHandler
Credit Alerts
TransUnion Report and FICO Score
Lost Wallet Protection
Personal Finance Manager
Junk Mail Reduction
Company Features
Customer Service
Company Reputation
Contract Duration
Cost
How to Choose a Credit Repair Company
Alternative Choices
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 advertised, but one is charged $79.00 $19.00 Minimum Monthly Fee $99.95 ($59.95 for Essentials) $79.00 $99.00 Customer Service Platforms Phone, email, live chat, ticket Phone, email, ticket Phone, email, ticket Final Verdict
Frequently Asked Questions
How Much Will Lexington Law Raise My Credit Score?
Can Lexington Law Remove Debts?
How Many Months Do You Pay Lexington Law?
Is Lexington Law Getting Sued?
Methodology
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