Company Information

Get to know Progrexion

Progrexion is a leading provider of technology and services for the credit repair industry in the United States. The company's business model is centered on providing the back-end infrastructure, call centers, and technology platforms for consumer-facing brands, most notably Lexington Law Firm and CreditRepair.com. Progrexion's services are designed to help consumers challenge and correct inaccurate, unfair, or unsubstantiated items on their credit reports by leveraging consumer protection laws. The company has faced significant legal and financial challenges, including a major lawsuit from the Consumer Financial Protection Bureau (CFPB) and a subsequent Chapter 11 bankruptcy filing in 2023.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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Progrexion

United States

Founded in

2000 (26 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.