What should I do?

Submitted by JPerry on Sat, 07/24/2010 - 15:19
Forums
Credit repair

I have been using Lexington Law to get negative items removed from my credit reports. They were able to remove a total of 9 items at the beginning of the year, but nothing since. I have no idea on updates or responses that they're receiving. I pay $80 per month and was wondering if I should cancel and go through the credit repair process myself? Where do I start?

JPerry

I have a judgement, medical bill, old cell phone bill, early lease termination and a few old collections of 3 or more years.

Sat, 07/24/2010 - 19:45 Permalink
sdchargers_63

I'm assuming you checked your credit..just to see, for yourself, if the items were removed. Well....maybe your credit score will go up, now. i WAS going to go with Lexington Law. Had some major problems with them. They said my "start up fee" would be $99.00. They took twice as much out of my bank account, at one time. It was just a mess, dealing with them.

Sat, 07/24/2010 - 23:33 Permalink
JPerry

Well Lexington Law will update your client file when items are removed and you'll get alerts via email. I also want to know since the first thing Lexington does is validation letters is it alright for me to send PFD letters even though I don't know the statis of the letters sent by Lexington Law? My score is in the 600 range, but I have a few negative items left that I want to take care of to move up to the 700 range. I also will be finished paying off a car loan of 4k through a buy here pay here which will post on my credit after my last payment which I hope will boost my score.

Sun, 07/25/2010 - 01:59 Permalink
Aaron

Hi Jperry,

If you are not satisfied with the credit repair service you can cancel it. Repairing credit is a job that you can try handling yourself, rather than paying extra money to others. If you want to remove the negative items, and if those are unpaid, you can make the payment agreements first. After that you can send in the PFD letters to the creditors or collection agencies.

Thanks,

Aaron

Tue, 07/27/2010 - 12:35 Permalink
JPerry

Thanks Aaron! I guess I am just a little anxious to get beyond a 700 score. I guess the main thing I need to know is if I don't get all the negative creditors to agree to a PFD and I pay it off will the 7 year SOL reset before the negative falls off or if the CA's or OC's never verify and I dispute with the CB for remove--do they have to remove it and will it pop back on my credit if unpaid? Also if it did get removed and I paid to avoid it popping back on my credit would that be a good move? Hope what I'm saying is clear because I got letters ready to go.

Tue, 07/27/2010 - 12:59 Permalink
Aaron

Hi,

if I don't get all the negative creditors to agree to a PFD and I pay it off will the 7 year SOL reset before the negative falls off

Yes, the 7 year reporting period will restart.

if the CA's or OC's never verify and I dispute with the CB for remove--do they have to remove it and will it pop back on my credit if unpaid?

If this debt is not yours, or if the CA fails to validate the debt, you will have to file dispute with the credit bureaus. They will remove it from your credit report. This can pop back, as there are many junk debt buyers.

Also if it did get removed and I paid to avoid it popping back on my credit would that be a good move?

If it's really your debt, then it's better to pay that off, and if possible remove the negative from your credit report. Even if the negatives does not get removed after the payments, "Paid" account is still a positive thing on your credit report.

Hope this helps.

Thanks,

Aaron

Thu, 07/29/2010 - 09:44 Permalink