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Member Since: October 2013

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If I apply for a car loan with two different lenders, will that lower my credit score?

Jan 13, 2018
Auto Loan Hard Inquiries

I just purchased a new vehicle and my credit score dropped 160 points for 4 inquiries, all made on the same day... This can't be correct. Another consumer was surprised by a drop of 31 points for 4 inquiries, I'm beyond surprised.