Did you realize that you probably spend at least $99 per month for; coffee, hair care, concerts, clothes, makeup, shoes and sneakers, lunch, subscriptions, vice, etc.?  Did you know that for only $89 per month of credit repair with Lexington Law could save you $99 per month in your loan payment?  That’s right, your credit score can really make a difference in loan payment, however, it is not a one-time savings, if you buy a house, you are talking 30 years.  Most car loans are at least 5 years. 

We are all conditioned to believe that a 620 credit score is good.  I am here to tell you that 620 is not good, it is fair.  Yes, you will buy a house, however, you will pay more than you should.  Let’s look at this example:

You are approved for a new home that costs $159,000.  Your score is 660 and you are approved for an offer of 6.25%.  Not bad at all, so you think.  Your payment will be $978. per month with principal and interest.  Your total interest for the life of the loan will be $193,436.53. 

​Now let’s say your credit score is considered good at 740, just 80 points higher.  You received an approval of 5.25%, also not bad and it is only 1 percentage lower.  Take the same home at $159,000.  Your payment will now be $878. for principal and interest.   Not much different?  Let’s see!  Your total interest for the life of the loan is now $157,081.40.  Well, well that is different!  One percentage will cost you an additional $32,353.13!  So, paying an extra $99 per month is outrageous!
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Here is the credit score breakdown:

• Poor: 579 or less
• Fair: 580-699
• Average: 670-739
• Good: 740-799
• Excellent: 800+ 

The reason that I am pointing this out to you is that Lexington Law’s Credit Repair Service, with a free consultation, has three tier levels that are $89.95, $109.95 or $129.95 per month, with no contract or additional contract fees, and can be canceled at any time!

​If we spend the same on coffee per month and have no regret, then why not consider fixing your credit for the same or even less?  Saving $32,353 over 30 years can really buy a lot of coffee or any other luxury items you desire.

​Give us a call to get your FREE Credit Report Summary & Credit Repair Consultation 1-833-818-7700 or visit us here at Lexington Law. Lexington Law offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Call us today to take advantage of our no-obligation offer. Our service is month-to-month and you may cancel anytime. Like a utility bill you will be charged a final payment after cancellation since billing occurs for services already performed.

​Service Levels
PremierPlus
PremierPlus includes all credit repair and score coaching services provided with the Concord Standard and Concord Premier service levels. You will also receive your FICO® Score based on TransUnion data each month as well as real-time identity fraud alerts and tools to manage your personal finances.
$129.95 one-time First Work Fee, $129.95/Month
 
Concord Premier
Concord Premier enhances Concord Standard's basic credit repair services by adding more ways to address your credit problems. You will receive credit monitoring, actionable alerts when your credit reports are updated, a monthly credit score improvement analysis, and access to InquiryAssist in order to address score-damaging credit report inquiries.
 109.95 one-time First Work Fee, $109.95/Month
 
Concord Standard
The Concord Standard service level covers the essentials of ethical credit report repair. Lexington Law communicates with both creditors and the credit bureaus on your behalf to ensure fair, accurate, and substantiated credit reports.
$89.95 one-time First Work Fee, $89.95/Month

​Are you trying to figure out what can be done to get your debt under control? Are you burdened by too many bills and not enough money to handle them all? Debt consolidation may be just what you need. The following advice will help you determine if debt consolidation is right for you and how to proceed.
 
Try borrowing money against your life insurance policy. You do not need to pay back what you borrow if you are unable to or do not want to, however it will get deducted from what you've paid to your beneficiaries. That is why you should plan on paying the money back.
 
One sign that a debt consolidation company is reputable is whether or not they are a member of an organization, like the National Foundation for Credit Counseling. Even if the company verbally confirms to you that they are a member, make sure you still research it to make sure what they are saying is true. A member of an organization like the NFCC has to follow certain rules, like only employing certified credit counselors.
 
Before going with any specific debt consolidation company, check their records with the Better Business Bureau. There are a lot of sketchy "opportunities" in the debt consolidation business. It's easy to go down the wrong path if you aren't careful. The BBB and its reports can help you weed out the bad from the good.
 
If you are unsure about this process, call us to get your FREE Credit Report Summary & Credit Repair Consultation 1-833-818-7700 or visit us here at Lexington Law. Lexington Law offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Call us today to take advantage of our no-obligation offer.

​If you own your home, consider taking out a home equity loan. Since the interest on these loans is tax-deductible, you can save money in multiple ways. Provided you are able to get a good interest rate, this is a smart way to consolidate your debt into one monthly payment.
 
Find a debt consolidation service in your area. These services will negotiate with your creditors and manage your payments for you. You will only have to send money once a month to your debt consolidation account and it will then be distributed to the different creditors the service negotiated with.
 
Sometimes, a simple call to a creditor can get you better terms on your account with them. If you are behind on your payments, most of the time your creditors will be willing to work with you to get caught up. If you cannot afford the minimum payment on your credit card, call the company to explain your problem and they may allow you to lower the minimum payment, but will discontinue the use of your card.

​Loans from debt consolidation have no impact on your credit rating. Therefore, this option can help pay off your debt with no additional penalty. If you keep up with payments, it will be quite powerful for you.
 
You can save a lot of money if you receive a 0 % introductory APR credit card offer that allows balance transfers. While you must be diligent and disciplined, transferring a balance from a credit card with a high interest rate allows you the chance to pay that balance off much easier. However, you must be able to handle this form of debt consolidation, or it will not help you at all.
 
There are quite a few things to learn when thinking of debt consolidation. This knowledge may help you get back on track.
 
If you would like our advice, call us to get your FREE Credit Report Summary & Credit Repair Consultation 1-833-818-7700 or visit us here at Lexington Law. Lexington Law offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Call us today to take advantage of our no-obligation offer.

​Many people are aware of the important role the credit rating plays in their lives. However, understanding what actually goes into a credit score (the credit score breakdown) might present a bit more difficulty. There are several different methods of scoring, but most lenders and banks rely on the FICO method that has been in existence since the 1980's when it was developed by the Fair Isaac Corporation. The three prominent credit bureaus (TransUnion, Experian and Equifax) all worked with Fair Isaac in order to come up with the FICO method.
 
Your credit score may be any number from 300 to 850. The average American falls at about 690 which is deemed relatively good credit. However, while this score should secure you a loan, it will not get you the very best interest rates on a loan. 

Payment History
The biggest chunk of your score (35%) is derived from your payment history. This score is influenced by how well (or not) you pay your bills on time, how many have been sent to collection agencies, bankruptcies, tax liens, etc. Keep in mind that missing a payment is worse than making a late payment and that being late or especially missing a mortgage payment is a bigger blow to your credit score than missing a credit card or utility payment.
 
Outstanding Debt
The amount of debt you have (compared to the amount of credit you have not used) accounts for 30% of your score. Try not to max your credit cards out. In fact, it is recommended that you only use 25% to 50% of the credit that is available to you. A way to balance this out is to obtain more lines of credit and not use them. However, you do not want to apply for a bunch of credit cards all at once as this is marked against you. If your credit is in good standing, apply for a reputable card every six months or so and save it for a rainy day. 

Call us to get your FREE Credit Report Summary & Credit Repair Consultation 1-833-818-7700 or visit us here at Lexington Law. Lexington Law offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Call us today to take advantage of our no-obligation offer.

​Credit Duration
Fifteen percent of your credit score is based on how long you've established credit. This is common sense. The longer your credit history, the better your overall score will be. More data about your past leads to a more accurate prediction of your future credit worthiness.
 
Types of Credit
Having several types of credit will actually boost your score if they are managed well. This counts for 10% of the overall rating.
 
Too Much Activity
As mentioned earlier, opening new credit accounts all at once will negatively affect your score in the short term. It's also important that you are aware that your score can be lowered for too many "hard inquiries" about your status. A "hard inquiry" is one that you have authorized a lender to perform. If you are inquiring about your own score, this will not count against you.
 
Understanding what goes into the credit score breakdown is the first step in improving your score.
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​Call us to get your FREE Credit Report Summary & Credit Repair Consultation 1-833-818-7700 or visit us here at Lexington Law. Lexington Law offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Call us today to take advantage of our no-obligation offer.