is there any real way to erase all my bad credit history?

Question

is lexington law firm for real?

Answer 1

Many "credit repair" companies claim to remove negative credit with the flick of a wrist. Their advertisements make bold assertions and money-back guarantees: "Bankruptcy, tax liens, judgments... no problem!! One hundred percent guaranteed!! Credit report 100% cleared in 30 days!!" Can they really make such sweeping guarantees?

While some credit repair companies are outright frauds, others are not fraudulent and they use the dispute process to obtain impressive results. In fact, they delete thousands of negative credit listings every day.

Unfortunately, it is risky to trust anyone to help you restore your credit. It is estimated that fraudulent credit repair companies have bilked Americans out of more than fifty million dollars. The majority of credit repair companies were started by entrepreneurs with a penchant for marketing. Consumers have flocked to these "credit doctors" only to discover that their advertisements proved far more impressive than their results. Hiring a credit repair company is like playing Russian roulette. Many of them are effective and legitimate, but it is difficult to tell a rip-off from the real article.

So, can credit repair companies guarantee results?

Not a chance! No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud. A warranty, where the credit repair company promises a refund if certain results don't occur, is a better, more realistic claim. Lexington Law is a respectable company that we recommend.

Not surprisingly, the credit bureaus have declared war against the credit repair companies and those selling instruction on how to do-it-yourself. The bureaus lambaste credit repair companies in the media and send anti-credit repair literature to anyone whom they suspect of using credit repair services. The bureaus unflinchingly deny that accurate information can be removed from a credit report.

The simple truth is that you do not have to endure bad credit for seven to ten years as long as you feel comfortable challenging the accuracy or verifiability of your credit listings. If so, it is possible to restore creditworthiness within a much shorter time.

However you decide to address your credit challenges, realize that regardless of what you may hear in the news media, thousands before you have sought help and restored their credit. They can show you their homes, cars, and credit cards. Despite the newspaper articles, TV reports, and other credit bureau propaganda to the contrary, the simple truth remains: you can restore your credit.

Answer 2

You don't need to pay to remove all negative information from your credit report.

You can dispute anything, but note the credit bureau will do an investigation and only delete items that law requires them to delete. You can dispute credit report items that are inaccurate, incomplete, out of date, or that you believe cannot be verified. Negative items, except bankruptcy, should only appear on your credit report for seven years – bankruptcy can remain for ten. If you have negative entries older than seven years, you can dispute them. Other things you can dispute include:

Payments reported late that were actually on time
Accounts that aren’t yours
Inaccurate credit limit/loan amount or account balance
Inaccurate creditor
Inaccurate account status, for example an account status reported as past due when the account is actually current

Answer 3

No, and anyone who tries to tell you that you can is ful lof it. There are ways to dispute negative info on your report but that's the only thing these so called "credit repair" firms can do. And guess what,you can just do that yourself. Don't be taken in by a professional, slick, lawyer who says he can fix your credit. There are plenty of lowlife attorneys out there who prey upon people desperate to repair their credit. Bottom line is this- If the information is legitimate it stays on. You'll be paying these clowns hundreds in exchange for a promise they most likely will not be able to fullfill. And even if they say "money back guarantee", just walk away because you'll never see your money again. Only time and soild track record of paying bills on time will fix your credit.

Answer 4

Nope. it takes 7 years for some stuff and 10 years for a true all out bankruptcy. However you can overcome a low credit score with about 2 years of hard work... making all payments on time and not using more than about 30% of your available credit line.

Answer 5

I hope this helps you

How to Clean Up Credit Report:: Before approving your loan, your lender contacts the credit bureaus to get your credit report. Bad credit report will severely restrict your credit. In some cases, you may not even get the credit. So it is vital to get your credit report cleaned. To enable you to achieve that you have to alter your financial habits

Answer 6

Thats a good question I hope you'll find some reasonable answers

Answer 7

Time will heal all wounds (and good payment history).

Answer 8

No. You should have paid your bills on time.