Hey all,
Which is better? Do it yourself credit repair, or going with a company (like Lexington)? Anyone have any experience with them or another reputable company? I was referred to a "local" company by a mortgage broker. The local company charges $495 up front, but they claim to get your scores up to 720 or better. The money up front part sounded a little suspect to me. Any suggestions? Thanks, all.

I don't know. It just don't sound right. What if it's one of those companies that give you a tradeline of credit to boost your score temporary? At $495..? You might have 4 bills at $495...Why not write a letter to the creditor and ask if they could the collection item off your report (in writing before you pay). Or ask if they could change the reporting to (Paid in full/on time status). Lexington? I'm not sure..read their site a hundred time though. Good luck..remember old times does not effect your score much...3 to 4 years ..but will still show on your report. Ask that mortgage broker what is he talking about LOL!

I don't know about paying anyone Theo. I thought about that to when I started my credit repair journey but through a lot of reading I saved a lot of money and got my credit reports cleared up and having things removed that should have no longer be there. But that is just my 2 cents

Theo if you still want to go that right please don't allow me to deter you. I just wanted to just put it out there that I believe you can do it with out paying extra money to do it.

Theo, where have you been hiding out?

Good question, FG author, Mary Tomkins started an article about this. I have a nice link so that you can read about and you can also send her an email for more questions. She responds promptly and have great resources and I am pretty sure you will save some money. Here is the link to :

1. FG Guide on How to Repair Your Credit Thread [URL]http: //www.financeglobe.com/SocialNet/forum/showthread.php?t=560&highlight=Fix+repair[/URL]

2. Here is the link to the actual article : [URL]http: //www.financeglobe.com/Finance/CreditRepairGuide/[/URL]

Hey all,
Which is better? Do it yourself credit repair, or going with a company (like Lexington)? Anyone have any experience with them or another reputable company? I was referred to a "local" company by a mortgage broker. The local company charges $495 up front, but they claim to get your scores up to 720 or better. The money up front part sounded a little suspect to me. Any suggestions? Thanks, all.

Awwww KMoney, I am not worthy, I am not worthy!

You Go Shark6

07/25, when I pulled my Ficos, Equifax was 662 9and teh week before they were 642 and the month before, they were 632) , today, they are up +9 to 671. I have been working very hard to get my report cleaned up. My goal was 650 for TU and EQ by the end of Aug- done! It was 675 by the end of Oct, I've very close.

I sent off several CMRR disputes to Ex and TU two weeks ago so I'm hoping some things changed. EQ is my cleanest report, I just had bad S/Ks reporting and 1 paid st loan that I disputed and I believe that eq took off as I couldn't see it on Truecredit yesterday. Hopefully,t his is the reason for my score increase.

I openned up Kay and Jareds but only Kay is reporting. Should I call Jared's to inquire why they aren't reporting yet. I got my Kay card but I only got a letter from Jared saying that the card is on the way. Perhaps, I should charge a small purchase like an earring at jareds to make it appear. That limit +$1500 will do wonders for my utility.


Score Watch alert/Changes to your FICO® Score

Your FICO® score has gone up to 671 on August 6, 2008.



BTW, I'm working on DH report. He has prety decent Ficos, however, I send out a few CMRR disputes and got Eq to delete a paid CO. His eq was 688 after that and last night, i got a noctice from Equifax 3-1 monitoring that his score was not 697. Soon he will be knocking on the 700 club's door. TU also deleted one of the settled credit card accounts as did EQ and EX based on my disputes 3wks ago. They kept the other one on.

I sent off request to remove addresses and it looks like Eq and TU complied but not EX . My next step is to get the cc settlement of my CO that they and eX refused to remove.

Target score alert: Your FICO® score has exceeded your target score of 662.

Way to go buddie!

I purchased all 3 of my Ficos last week 07/25 and they were:

TU 653 EQ 646 and Ex 607
They were all up from
TU 634 EQ 646 up from 632 prev week, EX597

Today, I got a Scorewatch alert that my EQ Fico had jumped 16pts. I'm very happy as one of my short term credit goals twas to get TU and EQ to 650 by the end of Aug/2008 and EXP to 625. I've accomplished 2 of my goals now just EXP

All of this was accomplished due to what occurred in June 08
1. I paid down my cards by $1400
2. I went on a CLI attack with soft pulls only thanks to what I learned over at creditboards dot com and was rewarded with over $5400 CLI- special shout out to Lowe's for giving me a $3450 CLI and Macy's for $400 and $700 for both my Macy's cards
3. I sent off alot of CMRRR disputes which resulted in 2 major collections being deleted from 1 of the CBs and 1 paid, charge off acct being deleted across the board as well.
4. I also applied and got Kay/Jared cards at just under $2k and Walmart/Discover just south of $2k which really took me for a surprise.

My end of Oct goal is to get EQ and TU to 675 and EX to 650
and to snag the JCPenny/GEMB card which denied me at the beginning of June. They pull EQ and that is my highest scores with no baddies except S/Ls.

p.s. I'm finally able to post again. I had trouble as I had forgotten my passowrd, tried to generate a new one, which I got several but I couldn't get a working link to log in for nearly a week. I finally figured out that I had to clear my cookies and browsing history after which it accepted my system generated password. Thanks Mike for your assistance.

Actually, this is what i've found.

Experian.com/freecreditreport.com's Plus score is very close to my fico's score.
Transunion/Truecredit.com is 60 less than fico. Just add 60 to this and u have your actual fico.
Exquifax is Myfico...same stuff.

You can get a free trial for all three...equaling 3 free reports & scores (be sure to cancel though)

Dreamr, make sure you buy your scores from myfico.com. Those are the scores that most of credit lenders use today, 90% of them to be specific.

A lot of other websites offer their own scores which we refer to them as "FAKO" which are fake when compared to the FICO score. Here's the link to get you started.

You don't need to buy all three scores but it would be better. Also here's a discount code that will get you 25% off each score.

Promo code:7yrsale

You can put that in during checkout.


https://www.myfico.com/Store/BureauSelection.asp

That's awesome that you got your credit score to jump that much. At the beginning of next month I'm going to pull my credit scores and then see what I can do to make them better.

Let's all pray that there is no cure for it either. jfaohga9wgharwghajohv.....oops, soory, this is one of my Fg tweaks, my hands just start typing for no reason when I see new postings!

Seems GEMB is very good about reporting. I have it on all 3 reports already and the card isnt even a month old yet. My TU score from myfico is now 764 so i guess im now in the excellent credit catergory. Although, experian still has me at 660. Time to buy a house!!! I love this network...I'm glad i found it and have been addicted since. Thanks

Acutally, what happend was GEMB is now Chevron's Financial Backer, the card is no longer financed through Chevron so all accounts are now saying "Closed (Transfered)" on our credit reports. So for the mean time it looks like we closed the card, but the transfer is showing next to it. Until they put GEMB Chevron on our credit reports, it looks like it is just closed.

They assured me that my history will follow on our credit report with the new GEMB Chevron. So I just sit back and wait until it happens, but here is the one thing, will the other old Chevron be there with closed status, or should I have it removed when they replace the new one?
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