Rhetoric, Reality, and Credit Repair

Sure, it sounds good, but is it worth it?

Photo by Blaz Erzetic on Unsplash

Here’s a tweet from credit repair giant Lexington Law, one of the largest credit repair firms in the country:

They do a nice job of enumerating your rights when it comes to inaccurate information on your report.

Of course, as a credit repair company, they’d also like your business.

Here’s the reality of how this company has done business:

Credit Repair Giants Fined $2.7B for Illegal Activity | Advocate Andy | NewsBreak Original

The CFPB suit against the credit repair giants [Lexington Law and CreditRepair.com] notes the companies collected illegal advance fees for credit repair services in violation of the Telemarketing Sales Rule. Several million customers were victims of the scheme perpetuated by these companies.