Blog - SmartChoice Credit

Why would my credit score drop for no reason?

If your score has dropped inexplicably, you're not alone. Many people have reported this issue and don’t know why their credit scores have dropped for no apparent reason. At the same time, several possible explanations exist for why your credit score might have decreased.

How to Repair Credit After Bankruptcy?

Bankruptcy is not good, especially for your credit report. It can feel like there's no way out, and the future is bleak. But Bankruptcy is not permanent, and there is hope. In fact, with some hard work and dedication, you can rebuild your credit score and get back on track.

How to improve credit score for mortgage?

If you want to qualify for a mortgage, you need nothing but a healthy credit score. A high credit score makes things simple and allows you to get a mortgage approval more easily with a lower interest rate.

How to fix my credit to buy a house?

If you're looking to buy a house, your credit score is an important factor that almost all banks and lenders will look at and analyze. A poor or low credit score means a high chance of being denied for any loan or mortgage. This may lead to abnormal interest rates and difficult payment terms in a few cases.

How much do student loans affect credit score?

Student loans are a form of borrowing that can take different forms, from government-backed loans to private loans. Student debt can seriously affect your credit score regardless of the type of loan you avail for yourself.

How Long Does It Take to Repair or Rebuild Your Credit?

No one wants to have bad credit. In fact, most people work very hard to maintain good credit scores. Unfortunately, there are times when things happen that are out of our control, and our credit score suffers as a result. If you're suffering from bad credit, you might be wondering how long it will take to repair or rebuild your credit score.