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Not really surprising... a score drop can be expected when new accounts and INQs hit your report... I lost 9 for 2 INQs and 1 account last week on EQ... 700 to 691 and that was with no new accounts and no INQs on EQ in over a year.
It's my understanding that the higher your score the more you lose. The scores will recover... not sure of a timetable but I'd guess 3-6 months.