Ok, new to the forums here. I decided to join these forums as everytime I google a credit related question the first hit I get is from this site so Im going to give it a shot.
So I started to build credit in Sept 2013. I had 0 credit but somehow managed a score of 535 or so. I had 2 medical collections totaling $2384 and $20k in erroneous back CS and 3 hard credit inquiries.
I went ahead and applied with BofA for the unsecured visa and got declined for "unsufficient credit history", so I applied for the secured and was approved with a $300 CL. I maintained my account well with no late payments and excellent usage under 30%, as well as paying most of my balances off in full at the end of nearly every months end. I also had the erroneous $20k fixed and removed from my CR as well as both medical collections removed and 1 of the hard inquiries expire within the year. All I now had on my credit report was a good standing credit card, 0 collections and 2 Inquiries. After exactly a year, my credit went from 530's to 712 TU 689 EQ 692 EX so I began to look further into other credit options to build my credit further, so in Sept I applied for an Old Navy store card and was approved for a $250 CL, a week later I applied at Walmart and was approved for a $300 CL finally within the same month my bank ran my credit in order to un-secure my card and when they did, I was approved, had my CL increased to $500 and my security deposit returned. I also had a mortgage company run my credit without my consent or my social security so I am in the process of disputing this with the credit bureaus.
So here comes the dilemma;
After all is said and done I had my Bank Credit card unsecured and CL raised, approved for 2 retail store cards bringing my Hard Credit Inquiries to 6 total, NO late payments, NO negatives BUT my credit score dropped dramatically to 633 in less than a month due to what I assume is the credit inquiries in a short period of time. However I have been reading that if anything Hard inquiries only drop approx 3-7 points each. So I am very much troubled as to how and or why my credit score dropped so much especially over night when it took me over a year to get it to where it was in the near 700's. If i was approved and not declined that should say something positive about me not negative. I do agree I should have been smarter about spanning out the inquiries but hey I didnt think it would affect me as much as it has.
I just want some feedback on what you guys think about this situation and or if anyone has had a similar situation and how they fixed it 
Thanks in advance!!!
