Repairing Credit Score

[Jody Sperling]

I've researched deeply on this topic and haven't found much. We had a 815 credit score as of June 2020 when we purchased our first investment property. Though we've continued to pay in full all of our credit cards, and though we've not exceeded the 30% credit use recommended for top credit scores, we have opened several lines of credit and had six hard pulls.

Needless to say, I had plenty of room to fall before it became/becomes a real problem, but as of today, after having picked up and rehabbed my second rental, my credit is 724. At this rate, I'll drop below 700 if I find another deal I can't say no to!

I'm looking for tips from the community on rehabbing an already decent credit score so I remain eligible for the lowest interest rates.

[Cody Neumann]

@Jody Sperling The 6 hard pulls and also the new lines of credit are likely what had caused your credit score to drop. You could try talking to a credit repair specialist to see if there is any way to raise it but at this point you may have to wait until those hard pulls drop and your lines of credit are more seasoned