I got greedy and Credit scores dropped guess I over did it.
I don't know a lot about scores. My lowest credit score usually is in 750's +
In the past six weeks I picked up three new credit cards and some the month before.
I have been searching for bargain properties. Thought I would get an extra half dozen credit cards on hand with 0% for 18 months
Thinking I could cover any major calamity with them and maybe get a cheap property or two using them and still stay under 25% usage before getting a loan.
Currently My credit utilization is 11%,
Just hit with 7 inquiries from getting credit cards
We moved several months ago if that matters
No late pays
Today my lowest score was 686 all three dropped.
I would guess its all the new credit hurting me
Any idea on time limit for scores to go back up?
if I get a loan don't want a higher rate.