Time frame from applying for loan to credit score drop

[Aznmomma2]

Hello Everyone!  I have a time frame question. Within a 3- 5 week period I will be applying for a personal loan and moving into an apartment complex that will be doing a credit check. How soon, when a credit check is done, until your score goes down? I would like to apply for the loan now but am concerned that when the application goes through for the apartment complex (3rd week of August?) my score will be already lowered and then I hurt my chances. Does anyone have a rough time fram estimate? Thanks!

[Anonymous]

IME, the inquiry from the personal loan will show up almost instantly -I'd say within 1-3 days. Generally, inquiries only ding your score about 5-10 pts. The loan itself generally doesn't show up for 1-3 months. Of course, it all depends on what all is in your credit profile, but the new loan could hurt your score more than just the inquiry, due to 'new credit,' & the impact to AAoA.