January 15, 2011
January 4, 2011
Lexington Law Credit Repair
Rachel Altman asked:
Lexington Law Firm is one of the most popular credit repair companies on the Internet. They have been in business for over 15 years and have helped over 300,000 clients repair their credit reports. Lexington Law works with clients to improve their credit reports legally and affordably.
Lexington Law is the trusted leader in credit report repair for a reason: they make the process easy and effective for their clients. Their services have proven so effective that their participating Concord level clients have seen an average of 8.7 deletions from their combined credit reports by month 3, and 28.6 deletions by month 12. (Your results may vary.)
Credit repair companies leverage your consumer rights to engage the credit bureaus and assist with your credit rating. They work on your behalf to remove questionable negative items from your credit reports.
Lexington begins the dispute process by drawing upon its vast arsenal of credit report repair strategies and experience to challenge questionable negative items directly with the credit bureaus. The credit bureaus have 30 days to investigate your dispute. After that, they must inform you of their results, and send you a free copy of your updated report. It usually takes 60 days from the day they send a dispute to the day you receive an updated report. When you receive a response from a credit bureau you simple make a copy of the updated report for your records then send the original to Lexington Law. Lexington Law then repeats the cycle, this time hopefully with fewer questionable items on your credit report.
The nice thing about Lexington Law is that their service is backed by a refund policy which entitles you to some or all of your money back if enough disputed items are not removed. If you read the testimonials on their website you will certainly see how happy and impressed their customers are with their service.
Fernando
Lexington Law Firm is one of the most popular credit repair companies on the Internet. They have been in business for over 15 years and have helped over 300,000 clients repair their credit reports. Lexington Law works with clients to improve their credit reports legally and affordably.
Lexington Law is the trusted leader in credit report repair for a reason: they make the process easy and effective for their clients. Their services have proven so effective that their participating Concord level clients have seen an average of 8.7 deletions from their combined credit reports by month 3, and 28.6 deletions by month 12. (Your results may vary.)
Credit repair companies leverage your consumer rights to engage the credit bureaus and assist with your credit rating. They work on your behalf to remove questionable negative items from your credit reports.
Lexington begins the dispute process by drawing upon its vast arsenal of credit report repair strategies and experience to challenge questionable negative items directly with the credit bureaus. The credit bureaus have 30 days to investigate your dispute. After that, they must inform you of their results, and send you a free copy of your updated report. It usually takes 60 days from the day they send a dispute to the day you receive an updated report. When you receive a response from a credit bureau you simple make a copy of the updated report for your records then send the original to Lexington Law. Lexington Law then repeats the cycle, this time hopefully with fewer questionable items on your credit report.
The nice thing about Lexington Law is that their service is backed by a refund policy which entitles you to some or all of your money back if enough disputed items are not removed. If you read the testimonials on their website you will certainly see how happy and impressed their customers are with their service.
Fernando
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November 1, 2010
October 14, 2010
August 29, 2010
Credit Report Repair Tip – Understanding Credit Length
Christopher Wright asked:
Welcome to today’s tip. Length of your credit file. More specifically, length of time accounts have been on your file. The concept is fairly simple. The longer an account has been on your file, the longer you’ve been managing your credit (hopefully wisely). That’s why you throw off red flags if you’re say 35yrs old with no credit. Eighteen, maybe a potential creditor can understand because they’re just starting out in life. But otherwise, you’re 35 and no credit, what have you been doing all this time.
OK, lets say for some strange reason you no or very little credit history, here’s a possible solution. Piggy Backing. This method helps to add accounts with years of payment histories to your credit file, thereby helping your credit score. Of course this assumes that the history you’ll be obtaining is a good history. Wouldn’t do much good in adding a history with multiple 30 days late payments. If you must use the account, be sure the delinquent marks are at least 18-24 months old. Anything less will hurt your score more.
This is how the technique works. Find someone , an Aunt, brother, etc., to add you to their account as an authorized user or secondary card holder. In order for this to work, the application must request your SSN#. If it doesn’t, then the history of that account may not transfer to your credit file. This is one of the strategies undercover law enforcement agencies use to make their agents’ records appear longer (in time) than they actually are.
One other thing to watch out for when doing this tactic. Make sure you’re not listed on the account as a ‘joint user’ or anything similar. The difference is major. An authorized user is allowed to use the card and gets the account history added to their file. A joint user has the same usage privileges, but is also responsible the debt. A creditor can attempt to collect from you if they are unable to collect from the original card holder. So be very careful.
Note this strategy may not be as effective for long, seems the fall out from the subprime real estate financing may cause this tactic to become less effective
Raymond
Welcome to today’s tip. Length of your credit file. More specifically, length of time accounts have been on your file. The concept is fairly simple. The longer an account has been on your file, the longer you’ve been managing your credit (hopefully wisely). That’s why you throw off red flags if you’re say 35yrs old with no credit. Eighteen, maybe a potential creditor can understand because they’re just starting out in life. But otherwise, you’re 35 and no credit, what have you been doing all this time.
OK, lets say for some strange reason you no or very little credit history, here’s a possible solution. Piggy Backing. This method helps to add accounts with years of payment histories to your credit file, thereby helping your credit score. Of course this assumes that the history you’ll be obtaining is a good history. Wouldn’t do much good in adding a history with multiple 30 days late payments. If you must use the account, be sure the delinquent marks are at least 18-24 months old. Anything less will hurt your score more.
This is how the technique works. Find someone , an Aunt, brother, etc., to add you to their account as an authorized user or secondary card holder. In order for this to work, the application must request your SSN#. If it doesn’t, then the history of that account may not transfer to your credit file. This is one of the strategies undercover law enforcement agencies use to make their agents’ records appear longer (in time) than they actually are.
One other thing to watch out for when doing this tactic. Make sure you’re not listed on the account as a ‘joint user’ or anything similar. The difference is major. An authorized user is allowed to use the card and gets the account history added to their file. A joint user has the same usage privileges, but is also responsible the debt. A creditor can attempt to collect from you if they are unable to collect from the original card holder. So be very careful.
Note this strategy may not be as effective for long, seems the fall out from the subprime real estate financing may cause this tactic to become less effective
Raymond
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