April 16th, 2014 by Staff
Video Segments to Unravel Consumer Credit Myths
SALT LAKE CITY, UT – (PR Web) April 16, 2014 – Today, Lexington Law launched a first, for the credit repair industry: An educational video series for consumers regarding their credit reports and credit scores. The firm is the nation’s leading credit repair services provider.
Credit in a Minute, a reoccurring video series featured on Lexington Law’s YouTube channel, provides quick takes about critical topics, and is hosted by noted consumer advocate Dr. Randy Padawer, whose groundbreaking work in ethical credit repair has been featured by Lexington Law, The Motley Fool, Smart Money Magazine, and other consumer focused organizations. continue reading “Lexington Law Launches Credit in a Minute Video Series” »
March 31st, 2014 by Staff
A new survey conducted by Harris Poll, on behalf of Lexington Law, finds Americans are losing sleep over medical bills
March 26, 2014 – (PR Web) A new survey sponsored by Lexington Law sheds light on some revealing facts about the fear, insecurities and worries that keep Americans up at night. Nearly one-fourth of Americans (23%) have lost sleep over a money issue, and worrying about medical bills (12%) leads the list of money issues that keep Americans up at night. The study also reveals that a quarter of those who would be deterred from checking their credit reports attribute this deterrence to fear of what they will see (25%) and three in ten attribute it to being too busy to deal with it (29%). As the nation’s leading credit report repair service, Lexington Law encourages Americans to check their credit reports and stands ready to help address the hardships of medical bills. This survey was conducted online within the United States by Harris Poll on behalf of Lexington Law in March among 2,037 adults ages 18 and older.
When asked which money issues keep them up at night, just over 1 in 10 U.S. adults identify worrying about medicals bills (12%). Those with household incomes of less than $75k (15%) are more likely to cite worry about medical bills as a money issue keeping them up at night than their higher-earning counterparts (just 6% of those with household incomes of over $100k).
Other money issues that keep Americans up at night are student loans (9%), identity theft (7%) and income issues resulting from divorce (3%).
A few other interesting highlights from the survey include:
continue reading “Lexington Law Reveals: Medical Bills Cause American’s to Lose Sleep Nationwide” »
March 28th, 2014 by Staff
Below appears the executive summary for the Credit Report study, conducted by Harris Poll® via its QuickQuerySM online omnibus from March 11-13, 2014. You will find overall key findings followed by the detailed findings per question afterwards.
This survey was conducted online within the United States by Harris Poll on behalf of Lexington Law from March 11-13, 2014 among 2,037 U.S. adult adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. continue reading “Published Study: U.S. Adult Consumer Attitudes and Money Concerns” »
February 28th, 2014 by Staff
SALT LAKE CITY, UT (February 28, 2014) – Lexington Law, the nation’s leading credit repair provider, affirmed Attorney General Eric Holder’s comments this week proposing national standards for consumer notification following identity breaches. In his statement Monday, Holder urged Congress to formally enact new consumer protections related to identity theft.
The Attorney General’s comments were released in the wake of several alarming identity breaches with national implications, including last week’s data theft impacting the University of Maryland and other recent attacks against more than 100 million customers of department stores like Target and Neiman-Marcus.
“Identity theft is just the first domino in a string of sad events for so many consumers,” said Dr. Randy Padawer, a consumer advocate with Lexington Law. ”Far too often, their credit reports and credit scores are the next casualties, and they’re faced with unknown creditors who won’t necessarily believe them.” continue reading “Lexington Law Supports Proposed Federal Identity Theft Standards” »
February 27th, 2014 by Staff
Launch of scholarship fund for US college students offers long-term financial commitment
Lexington Law is pleased to announce the launch of the “Lexington Law Scholarship Award” fund. Today the firm pledged $50,000 towards the scholarship fund. Awards from the fund are available to U.S. students who write winning essays describing what a credit score means to them, how they think they will use it in the future, and how they will maintain a good credit score during their college years.
“Over the past several months Lexington Law Firm has launched an academic scholarship aimed at assisting consumer applicants,” stated John Heath, Directing Attorney for Lexington Law. “During this process, we have been ecstatic at the level of response – hundreds of applicants submitted quality applications.”
Lexington Law will award the first $5000 scholarship to Ryan Running of BYU, at a check presentation this Friday, February 28, 2014, at 2850 South Decker Lake Drive in West Valley City, Utah. The winning essay and the two runners-up essays can be found at the Lexington Law website.
continue reading “Lexington Law announces $50k in College Scholarships” »
January 29th, 2014 by Staff
Lexington Law helps families fix poor credit
SALT LAKE CITY, UT—January 28, 2014 –Lexington Law, the nation’s leading credit repair firm, affirmed a federal study released yesterday by the National Center for Health Statistics regarding the burdensome impact of medical billing on American families. The study revealed that almost one in five families found it difficult to pay their medical bills.
“We see it every day,” said Dr. Randy Padawer, a consumer advocate with Lexington Law. “The impact of unfair medical debt collections can destroy a family’s financial prospects. This federal study demonstrates just how pervasive the problem is.”
NCHS researchers based their findings upon a survey of more than 40,000 families across the United States.
continue reading “Lexington Law Affirms Federal Study: Medical Bills Unfairly Target Families” »
January 14th, 2014 by Staff
Lexington Law, the trusted leader in helping people repair their credit reports understands the importance of financial planning and maintaining a great credit score, especially for college students. For this reason, the company is pleased to offer the “Lexington Law Scholarship Award” fund.
Affording college can be a challenge. With the increasing costs of tuition, books, housing, utilities, food, etc., students need all the help they can get. Sometimes that means taking out a loan or using a credit card to cover costs. Taking on debt may be unavoidable to complete an education, but students can learn to avoid harming their credit scores in the process.
Lexington Law is offering this scholarship to students in the United States who write an essay about what a credit score means to them, how they think they will use it in the future, and how they will maintain a good credit score during their college years. Lexington Law believes it is never too early to start thinking about your credit score and your credit report.
How to Apply-
Eligible students will:
- Write an essay of no fewer than 800 words about what a credit score means to them, how it impacts their financial future, and how they plan to obtain and retain a great credit score during their college years. Competitive candidates will describe and demonstrate knowledge of credit scores, connect the importance of college years to a credit score, and discuss why improving the candidate’s credit score can improve his or her future. YouTube submissions are strongly encouraged, although not required. Video should be no longer than 4 minutes. (Essays submitted via YouTube must also be submitted in writing.)
- Submit a content contribution agreement along with the essay. Content Contribution Agreement
- Email completed materials to email@example.com.
continue reading “What does a credit score mean to you? Lexington Law Scholarship Program” »
November 8th, 2013 by Staff
With the Holiday Season Nearing, Lexington Law Examines How Important Presents are and How Much People Spend on Them
It’s no secret that the holiday season is a big deal in America. While most people look forward to spending time with friends and loved ones, there’s no denying that the holiday season also signals the busiest time for shoppers. From Black Friday to Cyber Monday, U.S. consumer culture kicks it into another gear during the holidays. So Lexington Law, the nation’s leading credit repair firm, decided to investigate just how important holiday presents have become and how much people are willing to spend on them each year.
A survey conducted by Harris Interactive found that more than half (57%) of U.S. adults with children said they would be willing to take on debt in order to make their children happy for the holidays. The September 2013 survey was conducted online among 2,087 adults ages 18 and over.
continue reading “57 Percent Will Take on Credit Card Debt to Keep Their Kids Happy During the Holidays” »
July 23rd, 2013 by Staff
Lexington Law’s upcoming TweetChat titled, “Why Have Medical Bills Ruined My Life?” scheduled for July 26th will allow Twitter users to submit their questions to a top credit insider.
continue reading “Lexington Law Hosts TweetChat on Medical Debt” »
July 8th, 2013 by Staff
SALT LAKE CITY, Utah. – July 8, 2013 – Lexington Law, the nation’s leading provider of consumer credit repair services, today released the results of its recent survey that examined how consumers prepare their finances before they make large purchases, like a car. The survey found that 71 percent of respondents said they do not try to improve their credit score and 66 percent do not even look at their credit before making a large purchase. The results also revealed that 24 percent do not believe that their credit score is a factor in determining the interest rate they might pay on a loan. Finally, 40 percent of Americans do not check their credit score at all.
continue reading “Few Americans Improve Their Credit Before Auto Loans” »