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Hatfarr

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How did my credit drop 40+ points from 724 to 674 just because we bought a new vehicle?
We have been working tirelessly to get this core up to where it was, we had three inquiries and purchased a new vehicle and had our previous auto loan paid off.

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Top Contributor
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Watch your FICO scores, I do not care what non-fico scores do. The reason that your score dropped is because you got hard inquiries, you opened a new account which reduced the average age of your accounts and you added more debt and you have a loan that you owe the total amount on. Your amount owed vs. the amount of the loan is the same right now, that hurts a score, when you get it paid down and things start to age, your scores will increase.

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