Usually, Hard Inquiries only counted once (I think it's like 45 days), even if it's run multiple times, so probably not that.

Do you have. Avery thin file?

Credit scores are a mystery to me. I dropped from 830 to 793 for no reason. No uptick in utilization, no new inquiries, or late payments. I’m convinced Experian arbitrarily lowers your score occasionally so you’ll pay them to “boost” it.

Do you need your credit score for anything soon? If not, then don't worry about it. It'll be fine in a few months.

It isn't the credit application that dropped your score 58 points. I don't think your score dropped 58 points in a short amount of time, not that it couldn't but if it did there would be clear reasons for it. Chase didn't run it multiple times. It might not be an error, perhaps you were mistaken about your score to begin with. Perhaps the time period you are talking about encompassed many other events.

I can assure of this, it isn't the credit card application, and if the drop happened, there was a reason.

Yes actually, I was considering getting a home loan through our state.

I assure you I was not mistaken about my previous score and my bank shows how many points it went down. It changed in less than a week. I just looked at my banks free credit score listing on the weekend.

I'm sorry I don't know what that is could you explain?

There's likely nothing to "fix". The scores are all automated and can vary drastically with requests for new credit.

Just take a deep breath and wait a couple of months. You will very likely see your score start to recover in around 30 days--and a little more each month after that.

Do you have few credit accounts?

If your credit history is very light (only one card and only used it once, for example) then a credit-impacting action might have more weight to it

I have my main card, I'm also on my husband's card, and I have a medical credit card for emergencies (nothing on there) plus student loans

Pull your credit report to see how many inquiries are in there. May have been unrelated if it’s only one.

Thank you. I actually signed up for Experian (since annual credit report gave me an error) and the website says my credit is actually higher than what my bank is saying. So that's nice to know. I feel a little bit better but also very confused on what's going on.

Pull your actual report. Should be a way to do that on Experian

Yup I was able to. Looks a lot better than what my bank says. My bank says I have a late payment/debt but the credit report says it was paid on time.

You may want to check your other reports as well. Information can differ sometimes

If it did drop 58 points for just an inquiry or 4 then you just need to keep adding accounts until you have a more solid credit history.

Building credit is a marathon, not a sprint, and in the long term you will benefit from opening new accounts as long as you pay in full and keep your reported balances low.

Other things could have changed in the past month since the last time they pulled your score.

Also check the date, it could be they pulled that score before you even applied for the card.

You've probably spent some time reading the wiki on credit scores and such. And more than a few posts on how others have had the same experience. It'll pass and be fine in a few months.

Use www.annualcreditreport.com to review all credit accounts, and after you get the card, freeze all credit reports with Equifax, Experian, Transunion (use their free services) to prevent identity theft. You and your family members.

Here's a link to the PF Wiki for helpful guides and information.

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One thing to keep in mind is what model you are looking at.

There are multiple versions of FICO/Vantage that are all based on different parameters, and they vary significantly. The scores between the 3 different bureaus can be different from one another as well. Make sure you are comparing apples to apples here.

You need to pull your actual credit report (not just an opaque number on your banks dashboard) and review it and see if there’s something wrong on it that might explain this drop. If there is, you can dispute it with the bureaus.