Sounds like thin credit history to me. I have a hunch, many here could be your parents, which means we've paid mortgages and credit card bills for as long as you've been alive. With that "privilege", comes gray hairs and a thicker credit file. Younger files need more time to recover. There are some really knowledgable people on the credit forums and also a few here(I am not one of them). Id spend some time reading Ferrari fan and MDTR-Chicago here and the credit forums elsewhere. Then, get your scores, not the FAKO ones. It will give you a better picture of what you are dealing with and the impact of things. FWIW, I generally see a dip, bigger than some, but a return in less than two months.