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Posted in Auto Loans
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AnVas

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My score dropped after leasing a car. Will it recover with monthly payments?
Right after my first monthly car lease payment, my credit score dropped by about 50 points. If this is normal, what are the chances of it recovering with the next monthly payments and how much time would it take?

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Anytime you take on debt or inquires your score can drop. This is often a short term thing and it will recover after you develop some payment history. How much time? Who knows...depends on many variables from your financial overview.

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