Category: Debt Reduction

Lexington Law Review – Comparison with ERA Credit Services

Lexington Law Review – Comparison with ERA Credit Services

Lexington Law is perhaps the most well known credit repair company in the industry. Here is a Lexington Law review. Let’s see how we at ERA Credit Services compares with this industry giant.

Note- ERA Credit Services is an independent Agent for United Credit Education Services (UCES). The information below is based on data regarding both ERA Credit Services and UCES.
The information listed below regarding Lexington Law was provided by Simple Thrifty Living

Lexington Law

  • Years in Business – 25
  • States Serviced- All 50
  • BBB Rating (as of 1/31/19)Not Rated
  • BBB Accreditation –  NO
  • BBB Star Rating – <2 out of 5
  • BBB Complaints 578 (last 3 years)
  • National Association of Credit Services Organizations (NACSO) Accreditation – NO

ERA Credit Services

Services Offered

Note- Typically Lexington Law addresses one or two accounts approximately every 60 days which increases the length of time to complete the service.
  • Standard service of disputing items with the credit bureaus
  • Premier Service- Add credit monitoring and credit improvement analysis
  • Premier Plus- Add identity fraud alerts and personal finance tools

Services Offered

  • All negatives items addressed immediately (within 5-7 business days)
  • Credit attorneys to address credit bureaus and debt collectors
  • Online Client Portal for monitoring your account
  • Real time Online Credit Monitoring
  • Identity Monitoring and $1,000,000 Identity Theft Protection Policy
  • Credit Building Recommendations and Tools
  • Online Debt Pay Off System
  • Online Budgeting Tool
  • Will, Trust, Powers of Attorney
  • Net Worth Calculator and Planner
  • Savings Goals Planner

Fees Charged

Standard Service – $89.95/month

Premier Service – $109.95/month

Premier Plus – $129.95/month

Fees Charged

$99 One time Activation and $89/month for all services

Average Length of Service

One Year– reported randomly by consumers

Note- some clients saw faster results and some clients saw slower results.

Average Length of Service

6 Months

Note- some clients saw faster results and some clients saw slower results

Summary

After this Lexington Law review and comparison with ERA Credit Services you can make an informed decision. Should you go with the industry giant? Or, should you go with a company that has a goal of getting you the highest credit score as quickly as possible? And, will provide you with more service for less cost.

To learn more ‘Book a Phone Appointment’ with us today!
It’s Free with No Obligation

How is a Credit Score Calculated?

Over the years in my blog and in videos I’ve talked a lot about two topics. First, that credit repair, although it’s a great service only accounts for 35% of a credit score. We do a great job with credit repair but we also provide our clients with other services. These other services help a client with 100% of their credit score. The second topic is that we educate our clients on credit and how to have a great credit score. That way they can maintain that score on their own for the rest of their life. So, let’s get into discussing how is a credit score calculated.

Your credit score is the most important part of your financial life. In this economic climate your credit rating matters more than ever. Lenders look at it when you apply for a loan, credit card, mortgage or other type of credit. What they are doing is looking at how credit worthy you are.

How Is a Credit Score Calculated?

Payment History (35%) – The biggest factor in your credit score is your payment history. It composes 35% of your total score. The payment history factor is looking to see if you have paid your bills on time in the past. And, it indicates whether you are currently behind in any of your bills or not. Some late payments, such as mortgage lates, have more of an impact on your credit score. Your mortgage is a major rpriority to keep current. Payment history is the biggest factor for how a credit score is calculated. Therefore, it should be the biggest priority to not have late payments or past due accounts.

Outstanding Debt (30%) – Outstanding debt is what you still owe on accounts. It makes up 30% of your overall credit score. This is based on the amount of available credit you have versus how much you are using.

There are revolving credit accounts and installment and mortgage accounts. Installment and mortgage accounts are based on the original loan amount versus the amount still owed. Auto loans also fit into this category. These type loans have a set monthly payment over a specific period of time. Revolving credit is generally credit cards. This is looked at with regard to the credit limit versus the amount owed. The best practice is to keep the balance below 30% of the limit on the account. This will make the biggest positive impact on your credit score.

Length of Credit History (15%) – This category reflects how long your accounts have been open. Also it looks at the length of time since the last activity on the account. The longer an account is open and current the better impact to your credit score.

Type of Credit (10%) – It’s beneficial to have a mix of different types of accounts. For example, a mortgage, an auto loan, 2 major credit cards, and 2 store or gas cards. The caution here is not to take on more debt for the sake of your credit score.

Inquiries (10%) – There are two types of inquiries that appear on your credit report. Inquiries that you authorize to obtain credit, or hard inquiries. And, promotional, or soft inquiries. Too many hard inquiries in a short time can negatively impact your credit profile. However, inquiries that occur for mortgage and auto loans prior to 30 days from scoring do not affect your score. Also, if multiple auto loan inquiries occur within a 14 day period as treated as a single inquiry. Promotional inquires do not affect your credit score.

To build a good credit score or to more positively impact the score that you have, it’s important to understand how is a credit score calculated. For more details watch our brief video above.

If you feel you need professional help with your credit score visit our Credit Repair Page or Book a Phone Appointment to speak with us directly. We’ll assess your situation and explain how our professional credit restoration services work.

How is a Credit Score Calculated?

Fix My Credit- There Are Two Ways to Do It

American consumers are waking up to the fact that going through life with a low credit score and having poor financial health, is going to impact their quality of life almost as much as their physical health. It seems that everyone wants to know how to ‘fix my credit’ and recover from the mistakes of their past.

The good news is you can recover and restore your credit score and financial health in two ways.

Fix My Credit

The first is to remove, as much as possible, negative items from your credit reports with Experian, Equifax and Transunion, the 3 major credit reporting agencies. There is a specific process governed by federal law that can assist in removing erroneous, obsolete and unverified items from a consumer credit report.

By law, a consumer has the right to fix my credit themselves through the major credit reporting agencies (CRA’s). However, this process is a major expense to the bureaus and does not generate them revenue. Therefore, within the boundaries of the law, they have put up some roadblocks for consumers in making this process accessible while at the same time making it seem very accessible.

That is why credit restoration companies exist. To help consumers navigate through the process and take the burden of time and expertise off consumers. Just like many things we can do ourselves such as work on our own cars, replace our own hot water heaters, etc., it just makes sense to pay someone else who has more expertise to fix my credit for us. So, removing negative or derogatory items from our credit reports is one way of improving our score. And, that is always the first step in improving our credit score.

Fix My Credit – What Else Can be Done Other Than Credit Repair?

Whether we do credit repair ourselves or work with a professional, credit repair impacts just 35% of our credit score. What about the other 65%? Amounts owed, types of credit, length of credit history, and new credit all impact our credit score.

We educate people about how to fix their credit & offer services and solutions.

That is where our company has concentrated its efforts over the past few years and now offers a suite of services at a very affordable rate (just $89/month) to not only restore a consumers score by attempting to remove negative items but educate them on how to proactively increase their score as well.

Here’s a list of services and solutions we offer:

  • Credit Restoration
  • Online Credit Monitoring- See an updated credit report and credit score 24/7
  • Education on Attaining a Positive Credit Score
  • An Attorney specializing in trade line removal and creditor harassment
  • Debt Payoff- a service that teaches consumers how to pay off their debts in up to half the time
  • Identity Monitoring
  • Document Security and Organization- identifies and records the location of all one’s important personal & financial documents
  • And, several money-saving services as well.
  • Restoring a credit score is important, or course. But getting serious about improving and securing one’s complete financial health is imperative in today’s economy.

Fixing your credit is different than fixing someone else’s credit. That’s because what’s on your credit report is different than anyone else. So, in order to share what we’ll need to specifically do for you we would like to speak with you. Go ahead and Book a Phone Appointment. Click above or visit www.eracreditservices.com/credit-repair

This post was originally published in May of 2015 and has been updated for freshness, accuracy, and comprehensiveness.

Credit Repair Near Me

Research tells us that one of the most popular search terms on Google is ‘credit repair near me’. The obvious conclusion therefore is that those in need of help want to work with a local credit repair company. That’s understandable. Working with local companies and business owners is usually preferable.

The typical reasoning is that there is comfort in knowing the person or people taking on this responsibility are within driving distance. You can physically see them versus just having a phone number to call that in our minds, may or may not be answered.

The credit repair industry is different than other financial industries

First, there is no licensing required by any state or the federal government for providing credit repair services. That means that many people claiming to be in the credit repair business may not have the expertise you need. The problem here is that you most likely don’t know what expertise you need either.

Second, small, local companies typically have not invested in the technology larger companies have. It’s important that you as a client have online reporting of the progress of your account. Otherwise even though you may have met this person the first time you’ll be calling all the time to find out what’s happening. Or, you’ll be faced with driving other to their place of business continually.

A Credit Repair Company Near Me

The best solution is to find a credit repair company that is large enough to provide the service you need, the technology required, and the experience to increase your credit score. While at the same time provides you with the service and comfort level of a small, local credit repair company.

ERA Credit Services Has Been Serving the Local Tampa Bay Community Since 2014

ERA Credit Services can help people in all 50 states improve their credit score. We’re partnered with companies that have been in business since 2004 that have an A+ Better Business Bureau rating and are nationally certified.

A Local Credit Repair Service You Can Trust

The best way for you to judge our experience is to talk with us. We make it easy for you. Simply click below to ‘Book a Phone Appointment’. Our calendar will pop up. Choose a day and time that works for you. We even have evening and Saturday appointments available.

We’ll discuss your specific situation and give you reasonable expectations for removing your negative items. We’ll then explain credit repair in detail so you exactly what will occur. Then we’ll explain our other services that are provided to you at no extra cost. These services can further help you increase your credit score. We’ll explain our fees, cancellation procedure, and customer satisfaction guarantee in detail.

There is Simply No Better Credit Repair Company Out There

Credit Repair Near Me
Local Credit Repair Company – Why Choose Local?

Local Credit Repair Company – Why Choose Local?

With today’s technology business can be done across the country and even across continents. So any reputable credit repair company should be able to provide service to clients here in the Tampa Bay area.  That’s assuming they have met the state of Florida mandated requirements or are exempt from those requirements.  So why choose a local credit repair company?

Why Choose Local?

There is a certain comfort level when dealing with a local credit repair professional. It helps if they are members of local organizations and have a presence in the community. Also, you get a sense of community spirit from supporting businesses that pay local taxes and generate revenues that are put back into your community.

The Downside of Local Credit Repair

However, in the credit repair industry local doesn’t always mean better. There is no licensing in our in the industry. Therefore people don’t have to prove they know what they’re doing before they begin doing it. That’s not good if they are doing it for you. If you want to do business with a local credit repair company do just a little homework first.

ERA Credit Services – A Local Tampa Bay Credit Repair Company

We’ve been in business since 2012 and are backed by a BBB rating and accreditation. As well, we are backed by a certification from the National Association of Credit Services Organizations. That means you can trust that we know how to repair credit.

Boost 100% of Your Credit Score

Credit repair is a great service. However, it only counts toward 35% of your score. We work on 100% of your score by education you, making recommendations, and providing other services to boost your credit score.

Local Credit Repair Office in Clearwater

Our office is in Clearwater. Find us on Google Maps

Check Our Reviews

We have dozens of reviews from local clients as well as those from around the country. Check Our Reviews

Always Be Informed

We give you a secure online portal so you can monitor the progress of your credit repair process.

$99 Account Activation Fee and only $89/month

The specific length of time it will take depends on the number of derogatory accounts, what type of accounts, and who are the creditors. We can advise you better once we talk with you. But just know…you are always in control. You can cancel with a quick phone call.

FREE, NO OBLIGATION PHONE CONSULTATION

Book a phone appointment with us on a day and time convenient for you. We’ll find out about your specific situation and determine if and how we can help you. Then we’ll explain the process in detail so you feel comfortable. There is no sales hype.

Best Credit Repair Service – Fix 100% of Your Credit Score

You may have some issues with your credit score and want to do something about it. You’re familiar with the term credit repair and feel that’s the best solution. However, the best credit repair service is not just credit repair. What? That doesn’t seem to make sense. But read on or watch this video and it will.


Credit repair is simply removing negative or derogatory items on your credit report. That is called “Payment History”. If successful, it will give you a bump in your credit score. But your credit score is made up of 5 general components. Payment history is only one of those components. When you do credit repair alone it accounts for only 35% of your overall credit score.

The Best Credit Repair Solution

The best credit repair service will work on 100% of your credit score. What if working on the other 65% could increase your credit score much higher than working on payment history alone? And, what if you could work on 100% of your credit score and it cost you exactly the same as working on just 35%?

Fix 100% of Your Credit Score

The vast majority of credit repair companies work only on payment history. At ERA Credit Services we are an Independent Agency and have relationships with many other major, well known companies. We incorporate the credit services of these other companies to work on 100% of your credit score. Therefore, we give you the best credit repair service available in the country.

Don’t Ignore 65% of Your Credit Score

We are going to show you how to pay down your debts owed with the exact same amount of money you are using to pay debt now. That factor is 30% of your credit score.

If needed, we will help you establish new credit. That is 10% of your credit score.

We also have ways to add to your credit history making you more credit worthy. That accounts for 15% of your score.

And, by helping you establish new credit and adding to your credit history it will add to the types of credit you have. Credit mix is the final 10%.

There is no company like ours in America today that will give you this array of services. We provide you with the best credit repair service for the same price other companies charge for credit repair alone.

To Learn How We Can Help Your Specific Credit Situation…

Best Credit Repair Service – Fix 100% of Your Credit Score
Clearwater Credit Repair

Clearwater Credit Repair

A Complete Plan to Increase Your Credit Score

If you face challenges with your credit score you may search online for a solution and call a credit repair company. All Clearwater credit repair companies will tell you that they’ll attempt to remove negative items from your credit report.

But will they address all derogatory items immediately? Will they give you online reporting to so you can monitor the progress of your account? And, will they provide other services to help increase your credit score? These are the questions you should ask. But we already know that the answer is “no”.

Your credit score is not just based on negative items on your report. You need an overall credit score plan that will impact every aspect of your credit score.

You can read on but if you’d like we can explain this all to you over the phone.

We analyze your reports with all 3 credit bureaus (Equifax, Transunion, Experian). We then provide you with a credit score plan that includes our A+ Better Business Bureau rated credit repair service to maximize your credit score. And, you can track it all online, 24/7.

The Clearwater Credit Repair Plan

We give you a full and complete credit repair plan. We start with credit repair. We’ve been a top rated Clearwater credit repair company since 2014. We have become the company of choice for real estate companies, mortgage companies and banks for credit repair in Clearwater and Pinellas County.

Online Reporting 24/7

We give you on online account so you can see the progress of what we are doing. You’ll see the negative items we are working on for you. We dispute all your items immediately unlike other companies that want to prolong your service with them. Because we get the majority of our business from referrals from business professionals we need to act as quickly as possible.

A Credit Repair Plan of Action – Credit Builder

What about other steps you can take to increase your score? We give you a plan of action called Credit Builder to increase your credit score now. This knowledge will help you for the rest of your life so you can always have the best credit score possible.

Real-time Online Credit Monitoring

You need to see your credit score and be able to access your credit reports 24/7. How else will you know if credit repair is working? Free services like Credit Karma do not give you all 3 credit bureau reports. Nor are they reported in real-time. We give you that.

Identity Theft Protection

We then protect your identity through PrivacyArmour. Why? Because as you increase your credit score you become a higher risk to have your identity stolen. That would disrupt any plans of buying a home, getting a business loan, buying a car, etc.. We prevent that from happening.

Debt Utilization

What about your existing debt? Debt utilization is a major factor in calculating your credit score. If appropriate, we give you a plan to pay down that debt using the same amount of money you currently use to pay debts now. Not only does it increase your credit score but you save thousands, potentially tens of thousands of dollars in interest.

Other Credit Score Services

If you currently are a renter of a home or an apartment we can talk to you about adding your monthly rental payment to your Transunion credit report. This will add another positive account to your history this increasing your score. We also have a secured credit card program if you need help adding positive accounts or what’s called trade lines. The more positive accounts you can show the higher your credit score will be.

Let’s Make Sure We Can help You

Does this sound like the plan of action you need? Then click below and ‘Book a Phone Appointment’.
Pick a day and time that fits your schedule. We’ll call you at that time.
We’ll talk about the specifics of your situation. We’ll explain exactly what we do.
Then you decide if working with us if your best plan of action.

Call Us for Clearwater Credit Repair at 727-222-0120

ERA Credit Services is an Independent Agency representing a 501(c)(3) non-profit organization and does not directly provide credit repair services or accept funds from clients for credit repair services.

Financial Fitness Program

More than ever before people need help with their personal and financial affairs. There are many reasons for this. The primary reason is that as a country, we are earning less in relation to inflation than we were 20 years ago. In addition, what we need in order to get our financial affairs in order is not organized and readily available for the average person. That is why we have developed a Financial Fitness Program.

Did you realize?

  • The average U.S. household credit card debt is $16,000 – NerdWallet.com
  • 69% of Americans have less than $1,000 in savings and 49% of those people have no savings at all – CNBC.com
  • 49% of Americans are living paycheck to paycheck – CNBC.com
  • The U.S. median family income rose just 2.8% since 2017 while the cost of living has increased 77% – US Bureau of Labor Statistics

We are certainly up against a series of circumstances that makes financial fitness next to impossible. Another factor is that we were never taught how to handle our finances in school, even college. We simply aren’t equipped on our own to develop a financial fitness program.

Financial Fitness Program

At ERA Financial and Credit Services we have joined forces with a company to provide an affordable financial fitness program for everyone. We call it The Protection Plan Membership. To get all these services and programs someone would have to get them from multiple sources and pay over $10,000. That’s just not realistic. So, we have put all these services together into a financial fitness program for only $89/month!

Here’s What Comes in Our Financial Fitness Program

  • A Debt Payoff System
    • 35% of Americans make only the minimum monthly payment on their debts. We show you how to pay these debts off faster saving tens of thousands in interest payments and how to live a debt free life.
  • Identity Theft Protection with LifeLock
    • Every 2 seconds an identity is stolen. 143 million people had their identity stolen through Equifax, one of the big 3 credit bureaus.
  • A Last Will, Living Trust, and Medical & Financial Powers of Attorney
    • Everyone should have these important documents in place but 65% do not.
  • Online Tool to Inform Loved Ones of the Location of Important Assets
    • $58 Billion goes in life insurance policies, 401k programs, bank accounts and other assets because loved ones don’t know they exist or where they are located.
  • Credit Enhancing Services
    • Today your credit is like a vital sign of your Financial Fitness. With a less than great credit score people pay more in interest and deposits, and can be turned down for purchases or to rent or lease.
      • Online Credit Monitoring with all 3 credit bureaus showing credit scores and credit reports
      • Education and recommendations on how to have an optimum credit score
      • Credit Repair to remove derogatory items from a credit report and increasing one’s score
      • A Credit Attorney that will step in if necessary
  • Money Savings Services
    • A Discount Travel Company with an online portal that saves thousands on hotels, resorts and vacation packages
    • A Discount Prescription Drug program that provides an average savings of 41%
    • An Insurance provider to insure that people are getting the right coverage at the best premium rates

To find all these services and programs on your own and become Financially Fit would be very difficult And again, very costly.  With our Financial Fitness Program called The Protection Plan these services come together. You get an online portal for easy access and coaching from our expert Support Team.

All for a one time set up fee of only $188
Then just $89/month

Think about it. If you can pay down your debt and therefore pay less interest on your debt ongoing, that would save far more then $89/mo.

If you could increase your credit score and pay less interest on your mortgage, car payment and credit cards that would save far more then $89/month

If you could prevent identity thieves from using your identity to open accounts in your name that would save more than $89/mo.

And, if you could save on personal or business travel throughout the year that would save far more then $89/mo.

Start Your Financial Fitness Program Today!

For more information call

East Coast (727) 222-0120
West Coast (619) 492-3040

Or email us at [email protected]

Financial Fitness Program
Debt Reduction for Overall Financial Fitness

Debt Reduction for Overall Financial Fitness

We are best known for helping consumers increase their credit score. However, in many cases the reason why people have a low credit score is because they have too much debt. And, they don’t know how to pay it off or at least pay it down. Debt reduction is an important component to your credit score and overall financial fitness.

There are two ways generally someone can learn how to reduce their debt. One is to pay someone to do it for them. This is costly and doesn’t really teach the consumer how to do it themselves reducing their capability to maintain low debt in the future. The other is to learn how to do it yourself by using a program that walks you through it step by step.

Fortunately we provide our clients with an online program to help them reduce their obligations. By paying down their balances in relation to their limits or original loan balances it increases their credit score. And, they ultimately save thousands of dollars in interest.

Debt Reduction Simplified

This program simplifies the complexity of figuring out what debt to pay first, then next, etc.. You start by inputting your debt obligations including interest rates and pay off amounts. Then the program runs a report showing which debts to concentrate on paying down. Even if you can only add a small amount of money each month to paying the most expensive debt, it reduces the principal amount of that dramatically over time.

The most expensive debt is not necessarily the one with the highest balance. It may be the one that has the highest interest rate. The program identifies this for you and suggests how much more to pay on that debt.

Once that debt is paid down and ultimately paid off, it then suggest you take the entire payment amount you were applying to the first debt, and pay the next most expensive debt. This method can literally save you thousands of dollars, maybe tens of thousands of dollars.

For more information on our Debt Reduction program and how we can help you become more financially fit contact us by visiting us at https://eracreditservices.com/ or calling our office.

West Coast (619) 492-3040
East Coast (727) 222-0120
email: [email protected]

Credit Repair San Diego County – Get Far More for Less

You need to know 3 things when you’re looking for Credit Repair San Diego County

1) Most credit repair San Diego County companies do not dispute all your items right away. They’ll dispute only one or two derogatory items every 60 days. They drag out the process so that you end up paying a monthly fee for several more months than is necessary.

2) Most credit repair companies do not involve you in the process. They do not show you the items being disputed. Therefore, you don’t know what is being done or where you’re at. You have no way of checking your credit score on a regular basis to see if they are getting you the results you desire.

3) Most credit repair companies only do credit repair and do not help you with other services that could increase your credit score as well. Credit repair is a great service if done correctly. But it isn’t the only thing that can be done to increase your credit score.

So, you have two choices. You could call several companies and interview them. If you do this now, you know the questions you should ask them. See if you can find one that disputes all items right away. Try and find a company that will inform you every step of the way so you know you’re getting the best service possible. Ask if they provide other services that will increase your credit score as well.

Credit Repair San Diego County

Or, for credit repair San Diego County you could book a phone appointment with us. Click below. Look at our calendar and pick a day and time that works for you.

– Talk to a company that will fully explain the process to you right over the phone.

– We challenge all your derogatory items right away insuring you’ll get the fastest results possible.

– We will share with you how you’ll get online access to all the information about your account.

– We let you review the letters written about your negative accounts so you know what items are being handled.

– We also will provide other services to increase and protect your score.

– And, we provide you with knowledge about credit so you can maintain a high score in the future.

You will receive the best credit repair service available in America today for a one time activation fee of just $99 and only $89/month. In addition, you’ll have an online account showing you all your negative items and the results of those items as they occur. You’ll have online credit monitoring so you’ll see changes in your credit score and get pull your own credit anytime you like. You’ll also receive recommendations as to what you can do yourself to increase your score. And, you’ll have PrivacyArmor to protect your identity and credit score. Again, for only $89/month.

ERA Credit Services is backed by industry experience since 2004 and an A+ rating with the Better Business Bureau.

San Diego Credit Repair

Credit Repair San Diego County – Get Far More for Less