What does SMC/COVINGTON CREDIT O mean on my credit report?

Is SMC/COVINGTON CREDIT O making an impact credit score?

Updated May 1, 2022

What is SMC/COVINGTON CREDIT O?

SMC/COVINGTON CREDIT O is shorthand for Covington Credit, with the company name being Covington Credit LLC

SMC/COVINGTON CREDIT O is a Creditor. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Covington Credit.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for Covington Credit:

Address:

  • P.O. Box 1947 Greenville, SC 29602

Website:

Phone:

  • 866.413.1836

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

SMC/COVINGTON CREDIT O IdentityIQ Report

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can SMC/COVINGTON CREDIT O be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.