Credit Repair: It’s Not What You Think It Is

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Myths and Misconceptions of Credit Repair

Credit repair often gets a bad rap, filled with myths that can deter people from seeking the help they need. Let’s set the record straight:

Myth 1: Credit Repair is Illegal.

Fact: Credit repair is completely legal when done correctly. The Credit Repair Organizations Act (CROA) requires that credit repair companies operate transparently and within the law to help improve your credit.

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Myth 2: You Can Always Do It All Yourself.

While it’s possible to dispute errors on your own, the process can be complex, time-consuming, and frustrating. The right credit repair professionals bring expertise, legal know-how, and specialized tools to handle disputes effectively and efficiently.

Myth 3: Credit Repair is a Scam.

While some bad actors exist, legitimate credit repair companies are required to follow strict legal guidelines. They work to help correct errors on your credit report, advocate for your rights, and help you regain control of your financial life.

Curious to know where you stand with your credit? Click here to get a free credit assessment without affecting your credit score.

Credit Repair: What It Can and Can’t Do

What It Can Do:

Credit reports often have errors, from minor typos to wrongly reported late payments, which can drag down your score. Credit repair helps by correcting these inaccuracies, clearing outdated information, and disputing unverifiable negative items. Correcting these errors can significantly improve your credit score, opening doors to better financial opportunities.

What It Can’t Do:

Credit repair won’t erase legitimate negative marks like true late payments or defaults; these will remain until they naturally drop off your report. It’s not a quick fix but a step-by-step process requiring patience and diligence.

Ready to Take Control of Your Credit?

Lexington Law’s licensed attorneys and experienced paralegals can work with credit bureaus to dispute errors and unverifiable items on your credit report. With strong advocates on your side, you can leverage powerful consumer protection laws to fight for your best credit scores.

Start today with a free, secure credit assessment—it’s easy, private, and won’t impact your score.

Get a free credit assessment here »

Lexington Law’s Disclosures and Disclaimers: Terms and Conditions apply. By requesting a Credit Assessment, you acknowledge and agree that you are providing Lexington “written instructions” in accordance with the Fair Credit Reporting Act to obtain your credit reports from any consumer reporting agency, affiliate or third party and to use your credit reports to provide your Credit Assessment.

You are not required to engage Lexington’s services in order to visit and read material on its website; however, you will need to engage Lexington’s services if you want it to assist you in your efforts to improve your credit reports and rating. If you engage Lexington, you agree to provide accurate and complete information. You must be legally capable to enter into contracts. It is your responsibility to make any updates to your sign-up information. Each engagement is for a single person only. Lexington does not permit any other person to engage Lexington’s services on behalf of another unless you have an appropriate Power of Attorney. You are responsible for preventing such unauthorized use. If you believe there has been unauthorized use, you should notify Lexington immediately by emailing quickanswers@lexingtonlaw.com.

If you participate in Lexington’s Text Message Program after you engage Lexington, you may stop receiving servicing text messages by texting STOP (and no other words or characters) to the short code from which you received the Lexington text message(s). Almost all STOP requests are taken care of immediately, but it may take up to 3 business days from the date you text STOP to be removed from Lexington’s texting list(s). Note that texting STOP in response to a servicing text message will only stop servicing text messages, and will only stop text messages to the phone number you used to text STOP.

The information provided on this page is for educational purposes only and is not intended as legal, financial or credit advice.