At Kraken, we make every effort to ensure the credit repair process is as easy and hassle-free as possible. We have formulated a proven and effective method to help repair and build our Clients credit. Our proven method focuses on raising our Clients credit score which is calculated by a few factors these factors are primarily composed of payment history (35%), debt owed (30%), length of credit history (15%), new credit/inquires (10%), and mixture of credit (10%). Let us walk you through our step by step process.
PLANNING & STRATEGY
A great outcome starts with a great plan. Let us take our personal one on one approach to constructing a plan that will work for you. One of the keys to success is a strong and healthy credit profile.
Here are just a few things you'll receive
Free Credit Audit:
In this initial phase we'll put it all on the table so to speak. Let's see where you need the help if we can actually make a positive impact to your credit profile.
Personalized Credit Repair Plan:
Once we determine that our services best fit your needs we can customize a plan for young prioritize the best course of action to get you where you need to be in the most timely fashion possible.
24/7 Credit and Identity theft Monitoring:
Not only will you have 24/7 online access to your credit portal you will be set up with access to your credit dashboard but real time alerts and changes to any information that will effect your credit profile.Our clients must also maintain an active credit monitoring service from all three credit bureaus. If the client doesn’t already have one, we will have them sign up for our preferred credit monitoring site which is $1 for the first 7 days and then $21.99 a month
Monthly Dispute and Resolution:
We will actively search for errors or items that shouldn't be on your credit report and constantly dispute them with all of the credit bureaus. A lot of our clients see results in as little as 30 to 45 days, but see maximum results in six (6) to nine (9) months during this phase. This process can contribute to 30% to 35% of your credit score and our clients are seeing an average of 50% to 75% of inaccurate items being deleted once this step is complete.
Implementation of Credit Action:
When the time comes to start building and establishing credit we will already have a plan in place. We recommend that you have at least five (5) open & active accounts on your credit report to maximize your credit score. Our company will help and guide you with applying for accounts such as: secured credit cards, authorized user accounts, department store charge cards, auto loans and credit builder accounts just to name a few.
Once we have done everything we can do to actively improve your situation it'll be time for you to complete our program. We will ensure that we have done everything possible to remove as many inaccurate negative items as possible and prepare an exit strategy for you. Most importantly, we will refer you to our partners to help you take advantage of your new credit. We will offer support when you need it and refer you to any of our trusted partners for your continued success.