Repair companies help consumers raise unfair credit scores. Mistakes on official reports have far-reaching implications. Not only lenders but also insurers, landlords, and even employers check their applicants’ credit histories. If your FICO score is incorrect, enlisting the help of Lexington Law or Sky Blue Credit could help you boost it faster. But which company is better?
Background of the Companies
Sky Blue Credit Repair has been in business since 1989, which makes it one of the oldest providers. This brand is associated with diligence and proficiency. The company provides services in all US states. The Sky Blue Credit review on creditfixed.com even calls it outstanding.
Lexington Law, which was founded in 2004 by John C. Heath, who is still its Directing Attorney, is another well-established fixer. It has the same BBB rating (C). Lexington Law helps consumers in 48 states.
What Services Are Provided
Sky Blue Credit has a universal package suitable for all customers, including those who need credit repair to buy a house. It collects reports from three major bureaus and reviews them line by line. The team develops a dispute strategy and removes errors through formal communication with lenders, bureaus, and collectors (if necessary). You can enroll online, which is a rare benefit. The number of disputes is limited to 15 per billing cycle (35 days).
Lexington Law does not have online registration but offers plenty of extra benefits. While entry-level clients receive only core services, other packages include score monitoring with automatic alerts, protection against identity theft, and personal finance tools. The company’s unique app is highly rated in both Google Play and App Store.
Unlike the rival, this company offers a free introductory consultation. Premium customers may also challenge false hard inquiries. These entries are created when your report is accessed by lenders (i.e., when you apply for a new loan).
How Much It Costs
Like most companies in the market, Lexington Law offers three tiers of services. The entry-level bundle costs $89.95 monthly, and the most expensive plan will set you back $129.95. Here is how they compare.
The cheapest package includes disputes and creditor interventions. The mid-level plan allows you to remove hard inquiries and monitor your score. Finally, premium clients are protected against identity theft and get access to the official FICO tracker. Advanced digital tools are accessible through the app.
While Lexington Law has some of the highest fees in the industry, Sky Blue Credit is impressively affordable. Customers pay a modest first work fee of $79 and are later charged $79 monthly. There is only one service package. You will not find any monitoring tools or identity protection, but the value for money is undeniable.
Both companies charge clients as long as they use their services. A contract may be terminated at any moment. However, if you are unhappy with the quality of service, only one of these firms will pay your money back.
Are Refunds Possible?
Sky Blue’s policy is unmatched. Every customer has a 90-day money-back guarantee. If you are dissatisfied with the results for any reason, you may request a refund. This reflects the company’s confidence in its ability to help you.
What can Lexington Law offer in this regard? While this company is one of the oldest, it has no refund policy at all. Customers cannot get their money back even if their scores remain unchanged. Obviously, this is a major disadvantage.
Reputation: Complete Opposites
Sky Blue Credit has a high customer review average on the BBB site (4.5 out of 5), with just 12 complaints since 2018. In comparison, Lexington Law has a meager 2.11/5. Over the past 3 years, this firm has received 664 negative reviews on the monitoring website. Clearly, its reputation has been seriously damaged.
Lexington Law has also been accused of deceptive practices. The BBB site alerts visitors of the pending government action. Clearly, the feedback and the lawsuits should make you wonder whether the company deserves trust, despite its impressive range of services.
The Bottom Line
Both companies are well-established repair providers, but the sheer volume of complaints about Lexington Law raises suspicion. The recent government action is another red flag. The company offers a wider range of services and an impressive app, but all these benefits are useless if it does not deliver on its promises.
In comparison, Sky Blue Credit has a straightforward approach to score improvement with a single package. While you cannot get any extras, the core services are adequate for all common cases. The prices are highly competitive, and the money-back policy makes the offer irresistible.