The FTC and Credit Repair

Fraudulent credit repair companies have long been the target of FTC investigations, culminating most recently in Project Credit Despair which snared 20 credit repair companies in February 2006.

The Federal Trade Commission

The Federal Trade Commission (FTC) is responsible for enforcing consumer protection laws in the United States. In its capacity, the FTC offers a number of suggestions and warnings to consumers regarding credit repair organizations.

Beware of credit repair services that request fees in advance

Lexington does not charge you in advance for any legal services. It charges you only after the initial setup, and the work from each month, have been performed.

Beware of credit repair services that don't disclose your rights

Consumers have the right to attempt credit repair on their own. Lexington offers its affordable legal services to those clients who prefer having legal professionals managing their credit disputes and creditor interventions.

Beware of credit repair services that advocate "new" identities

It is unlawful to create a "new" identity by applying for an Employer Identification Number (EIN) to replace one's Social Security Number. File segregation is a serious crime that can result in fines or imprisonment.

Beware of credit repair firms that misrepresent their expertise

Claims such as "25 years of experience" can be misleading. That number often represents the combined years of attorney experience, not the actual length of time that the firm has been practicing. By contrast, Lexington Law has been practicing credit report repair since 1991.

Beware of companies that imply FTC endorsement

The FTC does not endorse any business. If a credit repair organization implies FTC endorsement, you would do well to proceed with caution.

Credit Education

*Important: While the testimonials and statistics provided on this website may be exciting, it's important to remember that Lexington Law promises only to perform its best efforts by taking the steps best-suited to the client's case. As with any legal work, no specific outcome is promised. Every case differs from every other and results may be more or less than average.

“ I have seen dramatic improvements in my credit rating. I was able to benefit from these changes by refinancing my home, and receive a excellent interest rate. I could not have done this without the services of your company... I have now achieved my desired goal. Thank you. ”

— Brian, Lexington client*

© 2008 Lexington Law™. All rights reserved. John C. Heath, Attorney at Law, PLLC. *Actual client testimonial. Individual results may vary. The services of Lexington and its affiliates may not be available in all states. Lexington Law™ is a group of law firms that may also be referred to throughout this site as "Lexington," "Lexington Law," "we," "us," or "the firms". "Credit Repair" means all the legal work, strategy and methods that Lexington Law uses to dispute questionable credit listings that are inaccurate, incomplete, misleading, biased, untimely or unverifiable. The number of items deleted represents the combined results of the group. The Terms were last updated on 02/24/2006. The Privacy Policy was last updated on 02/24/2006. // 1.0.1