Creditattorney.com is the same scam as Lexington Law
A reader asked me for a referral and then inquired about Creditattorney.com.
As much as people do NOT want to hear it, you will not find a credit repair attorney who will work for less than minimum wage as I used to when I accepted Credit Activist clients so that I could use their reports to document my credit research on the web and in the courts.
People have no appreciation for the skill and time required to increase credit scores. If I ever accept clients again, I’ll charge at least $1,000 for the first disputes and result review if there are just a few derogs and at least $2,000 for reports with lots of bad accounts.
And I would actually enjoy to take one or two clients a month if there wasn’t almost always at least one creditor or collector who refuses to report accurately. That’s the frustrating part - at that point I had to contact creditors and send new disputes which often still were verified incorrectly.
My clients should have sued at that point, but most didn’t, and then all my hard work was for nothing. That’s where you’d think that credit repair attorneys would come in. So, here’s what you do before you hire one of those scammers:
Ask for a list of credit cases they litigated. My prediction: they will have NONE.
That’s of course because you can’t sue once you submitted frivolous disputes like they do.
I know so-called consumer advocate credit experts who charge a minimum of $2,500 for an expert witness letter which is less than 1% of the average credit repair work.
Until the FTC stops lying, stating that everybody can do their own credit work and that it’s so easy, you won’t find skilled professionals offering these credit services. On average I accepted 1 client/month last year, and even prior to my suit no more than 2. I don’t see how anyone could possibly accept more than 1 client a week, I often worked 40 hours by the time I was done with the review of the dispute results.
At least 100 million people could use credit help and millions are willing to pay, you can imagine how many credit professionals would have to be trained. As much as readers want referrals, I just don’t have anyone to refer to.
So here are the links again for the Lexington Law Firm complaints.
The LONG thread at http://creditforum.org/showthread.php?goto=newpost&t=152
New complaints and updated postings:
http://www.fight-back.us/forum/index.php?showforum=8
I am now aware of 2 suits against Lexington.
From the FAQ at http://www.creditattorney.com/
“Please note that we will generally not dispute all negative items simultaneously. Doing so would raise flags with the credit bureaus who monitor dispute letters to determine which ones they can ignore by exploiting loopholes in the Fair Credit Reporting Act (see FCRA for more information).”
Dana Facemyer knows that what they’re doing is illegal! He even admits that hey are submitting frivolous disputes.
It’s interesting that he also operates out of Utah as does Lexington.
If you don’t care about your credit rating, why would you want to hire some bozos at a scummy law firm to rip you off?
Just dispute every derog yourself as “not my account” and lower your credit scores yourself.
You don’t have PAY someone to permanently screw up your credit rating, you can do that yourself in just a few minutes online.
Posted by Christine on 08/02/2004 at 06:54 PM
Credit - Collection - Economic News • (6) Comments • Permalink
You could not be more wrong. LL has helped me a great deal. I may not be the average case but they have improved all my credit scores by at least 30 points in 10 months.
I don’t think you quite understand what Lexington Law does. The burden of proof lies on the credit bureaus. They are reporting information about YOU and selling it to companies.
THE CREDIT BUREAUS have the responsibility by law (FCRA) to prove that an item belongs on your report. YOU don’t have to prove anything to them and you can legally dispute any account that you want if you are not sure that everything is accurate.
If it comes back as verified, then that means the creditor verified the account and it was accurate. So be it. No harm done.
You don’t have to give a reason for disputing an account. You simple have to ask them to prove that the account belongs on your report and that they are not abrogating your federal rights by falsely reporting it.
Study the FCRA and you will see that what Lexington Law is doing is not illegal at all. If it were, they would have gone down a long time ago. They have been around way too long. There are plenty of people who will sue them and everyone else under the sun for a cheap buck. Who cares? We are litigious society. That means nothing.
You charging $1000 per round of disputes is what should be ILLEGAL AS HELL. That is ridiculous. You got this whole business all wrong. You’re obviously only in business to help out wealthy people, not the people who really need the help that are getting ripped off by lenders left and right.
Good luck to you. I hope you change your mind about some things. I see that you mean well...with the Freedom to Fascism banner up, you can’t be a bad person. I think you’ve just been misinformed.
I should have just deleted this comment. Since I don’t display URLs submitted with comments due to this type of spam, you can’t see the link to the pathetic site with a rather dead credit repair forum sporting—can you guess?
A huge ad to Lexington.
“You charging $1000 per round of disputes is what should be ILLEGAL AS HELL. That is ridiculous. You got this whole business all wrong.”
First of all, I’d make MORE money doing NOTHING but putting Lexington ads on this site than I do WORKING.
2nd, It’s not true that I charge $1,000 per round of disputes, although I certainly feel that I deserve $200/hr, like any other professional with expert knowledge.
However, most of my clients only pay the $250 with the 50% discount for Credit Activists for about 5 hours of my time, see http://creditfactors.com/
I really have to increase my rates. Very few of my clients find it worth their while to sue the CRAs, creditors and collectors to get them to pay for my fee.
If I charged $1,000 for each round of disputes, I’m sure more people would consider suing. At this point, most of my clients are just glad to finally get the credit they deserve after 2 rounds of disputes and paying $500 or so.
And for those who are willing to spend 20 or 50 hours reading and studying, there’s the $45 CreditFactors subscription site.
“I think you’ve just been misinformed.”
Misinformed?
I have never met anyone with just half of my knowledge about credit, FICO scores, mortgages, real estate, litigation and the many issues related to these subjects.
That doesn’t mean that I know everything, I just know an awful lot. And I’d love to increase my knowledge the easy way, studying the other experts’ research and publications about FICO scoring bugs, their lawsuits, etc.
Too bad there aren’t any.
Forgot to mention, this is of course an entirely FALSE statement:
“THE CREDIT BUREAUS have the responsibility by law (FCRA) to prove that an item belongs on your report. “
I really wish those clueless idiots like this spammer would just crawl back into their hole and stay there.
Credit Attorney and Lexington Law work under the same company called ASG. Credit Attorney and Lexington are legitimate however most of their legal services are sold by a company named Progrexion. Progrexion is not a member of the BBB. FYI.
The frivolous Lexington disputes:
http://www.fight-back.us/forum/index.php?showforum=8
Extremely “legitimate”.
