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contessa62

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EXCELLENT CREDIT SCORE IN 800'S NOW 767 WITH CAR PURCHASE
LEARNED DEALER MADE TWO OR THREE HARD INQUIRIES FOR FINANCING, WITH $30,000 DOWN PAYMENT, RESULTING IN LOWERING OF SCORE. UNCOMPROMISED CREDIT HISTORY, NEVER LATE PAYMENTS OR ANY NEGATIVE FACTORS. HOW LONG DOES THIS AFFECT SCORE (TRANS UNION) AND HOW TO RECOVER SCORE?

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What are you basing this score drop on, Credit Karma scores?  Their model is not what most lenders will actually see for scores.  Most lenders will group multiple pulls within the same day as one since it is viewed as shopping around.  I would not worry about a "real" drop from the multiple credit pulls. The new account opening and increased loan balance (and balance to loan percentage) is most likely what would be affecting your score in the short term.

Hard pulls drop after 2 years, but again I think this has less impact than CK's model says it does.

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