How Smart Consumers Save /Month on Their Home Loan

Loan Savings Calculator

Home Cost
Down Payment
| 1.6%
Your Credit Score
Your estimated mortgage payment:
/mo
After a 40-point credit score improvement:
/mo
An additional 40-point credit score improvement could save you:
/mo
Save a total of over the life of your loan.
The 30-year fixed home mortgage APRs are estimated based on the following assumptions. FICO scores between 620 and 850 (500 and 619) assume a Loan Amount of $150,000, 1.0 (0.0) Points, a Single Family - Owner Occupied Property Type and an 80% (60-80%) Loan-to-Value Ratio

40 Points is Possible.

According to the Federal Trade Commission, 40 million Americans have mistakes on their credit report. Mistakes that aren’t their fault, but still negatively impact their credit score. In fact, a single, inaccurate 30-day late payment could pull a credit score down by as much as 110 points. Ask yourself, could you have a mistake that’s increasing your monthly payment?

Check Your Credit Report Today

The best way to determine if there are mistakes, errors or other inaccuracies on your credit report is to run a Free Credit Audit today. Don't wait. When you apply for a loan, it may already be too late to correct your credit report.

What Exactly is a “Mistake” on Your Report?

When we say mistake, we’re referring to any claim on your credit report that is either inaccurate, unfairly reported or unsubstantiated. These mistakes could occur because of a number of different reasons, but here are some common causes:

  1. Incorrect Information

    Whether it’s a decimal point in the wrong place, an extra letter in your address or a mistype of your social security number, simple clerical errors can have a huge impact on your credit score. This becomes especially problematic when your loan payments are misapplied to the wrong accounts.

  2. Fraudulent Information

    While the big one here is identity theft, not all fraudulent information on your account is malicious. Due to common names and variations—like Bob Smith and Robert Smith for example—it’s possible to have someone else’s information show up on your report.

  3. Unfairly Reported Information

    While the credit bureaus strive for fairness with your credit report, they rely on lenders to provide them with accurate information. Not only could a lender send expired or erroneous data, but it’s possible to be dinged for the same missed payment several times within a single report.

How Can I Fix These Mistakes?

In order to fix a mistake, you need to work with the credit bureau who is reporting it. Lexington Law has relationships with the major credit bureaus and can help you work toward an accurate, fair and substantiated report.

Correcting your credit report now could affect your monthly payment and interest rate on future loans.

How Can I Fix These Mistakes?

In order to fix a mistake, you need to work with the credit bureau who is reporting it. Lexington Law has relationships with the major credit bureaus and can help you work toward an accurate, fair and substantiated report.

Correcting your credit report now could affect your monthly payment and interest rate on future loans.

What are people saying about Lexington Law?

Past clients have seen an average gain of 40 points in just four months of service.1

It’s only been three months and reports on my credit have started to fall off. Just today I got an email that two other errors have been removed. Because of Lexington Law, I’m gong to have a lot more opportunities open to me financially.

George
Salt Lake City, UT

I called Lexington Law, the representatives were awesome! They were amazing, loving, warming and they listened — So I just went all in. The things I’m impressed with, with Lexington Law, is the customer service and the speed and the results I’m getting. I have hope now because of Lexington Law giving me that second shot and repairing my credit.

Brittney
Salt Lake City, UT

I feel like I have hope now because I see these items being removed and I know what I can do to help my credit score.

Lisa
Salt Lake City, UT

It’s only been three months and reports on my credit have started to fall off. Just today I got an email that two other errors have been removed. Because of Lexington Law, I’m gong to have a lot more opportunities open to me financially.

George
Salt Lake City, UT

I called Lexington Law, the representatives were awesome! They were amazing, loving, warming and they listened — So I just went all in. The things I’m impressed with, with Lexington Law, is the customer service and the speed and the results I’m getting. I have hope now because of Lexington Law giving me that second shot and repairing my credit.

Brittney
Salt Lake City, UT

I feel like I have hope now because I see these items being removed and I know what I can do to help my credit score.

Lisa
Salt Lake City, UT