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Experian Score Fell!


fsbate
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I refinanced my house, and consolidated my school loans, and my score fell from a 670 to 603..BUMMER! :cry:

I now have 15 inquiries, 5 which are due to to the refinance. I think I may be able to dipute those, because I was told that mortgage companies are only suppose to add one inquiry within 30 days regardless of how many credit pulls took place. I don't know what to do. I'm now getting ready to buy another house and hope this won't be a permenent score for me. Maybe it will go back up after 30 days once everything is reporting correctly on my report...wonder?

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I refinanced my house, and consolidated my school loans, and my score fell from a 670 to 603..BUMMER! :cry:

I now have 15 inquiries, 5 which are due to to the refinance. I think I may be able to dipute those, because I was told that mortgage companies are only suppose to add one inquiry within 30 days regardless of how many credit pulls took place. I don't know what to do. I'm now getting ready to buy another house and hope this won't be a permenent score for me. Maybe it will go back up after 30 days once everything is reporting correctly on my report...wonder?

It looks like you now have a few new accounts so the average age has decreased. Once the dust settled from the credit repair work and getting a bunch of new accounts, my scores dropped from the low 700's to the mid 600's.

They have been there for a while, but now the mortgage is final and they should start going back up. Your will too.

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