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Question By
madeuprules

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Why has my credit score dropped 26 points!?
I just opened one credit card which makes a grand total of 2 open accounts in my name. I use less than 30% of my limit, have no derogatory remarks, 100% on time payments, 1 hard inquiry.
I don't understand. This is so frustrating.

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it actually depends on if they did a hard or soft pull. it seems like the lender you applied with did a hard pull. hard pulls tends to lower your score more, while soft pulls may not even lower your score by much.

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