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I Want to Join in Lawsuit Against Lexington Law

Question:

Dear Steve,

Looking for someone to help me with the lawsuit against Lexington law I’m a client I heard through the grapevine that they are getting sued for in practices.

My name is [X] I chosen Lexington law to help me with my credit score seems like I heard through the grapevine that they screwed people over who do I contact for the lawyer in the lawsuit against them is this you guys please give me a call.

Kevin

Answer:

Dear Kevin,

Lexington Law was included as a party in the lawsuit by the Consumer Financial Protection Bureau (CFPB).

The case was moving along until all of a sudden, in another debt-related case involving Seila Law, the Trump administration CFPB new director seemed to throw in the towel and now the power of the CFPB is in question.

As reported, “The brief is the latest step taken by the Trump administration and Republicans to gut the CFPB and sideline what Democrats designed to be a powerful, independent financial regulator.
The CFPB was created by the Dodd-Frank Wall Street reform law and began overseeing banks and lenders in 2012. Under the leadership of former Director Richard Cordray, a Democrat, the bureau issued sweeping regulations and severe penalties to firms alleged to have harmed or abused consumers.”

So as it stands right now, everyone will just have to wait for the Supreme Court to agree that the CFPB is unconstitutional and everything will probably grind to a halt.

Sincerely,


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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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3 thoughts on “I Want to Join in Lawsuit Against Lexington Law”

  1. Myself and husband has Lexington law for over 2 years and our credit report has not changed. This was a waste of two years.

    Reply

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