https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/559165#M40264 Thanks! I am hoping it won't report before I purchase my car, but I've heard from others it depends on the bank. Thu, 20 Aug 2009 15:00:25 GMT BSBRose21 2009-08-20T15:00:25Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/558896#M40247 I am really nervous!! I am 25 but starting college in a week.  I did apply for student loans (subsidized) in the amount of $3000.  My credit score is 728, but when my student loan is reported how much is my credit score going to drop? I am looking into buying a new vehicle in the next month or two.  Any ideas? Thu, 20 Aug 2009 01:44:05 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/558896#M40247 BSBRose21 2009-08-20T01:44:05Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/559162#M40263 Likely less than 20. I'd actually guess less than 10. Plus you'd gradually gain points over the next few as it reports and the new credit wears off. BTW, it may not even report before you buy a car. Thu, 20 Aug 2009 14:53:48 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/559162#M40263 llecs 2009-08-20T14:53:48Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/559165#M40264 Thanks! I am hoping it won't report before I purchase my car, but I've heard from others it depends on the bank. Thu, 20 Aug 2009 15:00:25 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/New-Loan/m-p/559165#M40264 BSBRose21 2009-08-20T15:00:25Z