<prompt> Human: Sorry for formatting I am on mobile. So I am 24 years old and proud of my credit history. Ive had about 5 years of history. I keep up with the trend of my credit with credit karmai know its not accurate but still better than guessing. The only debt I have right now not student loans or car is a small in-store credit for furniture 5 years no interest deal where they take the money payment each month and it will be paid off with no interest. Any ways I bought a New car it was right around 30k. And I have 33k in student loans. Anyways when I walked into the car dealership I had a 745 on credit karma got a 2 interest rate when on enjoying my new car. Well 2 weeks later I start getting denial letters from credit lenders. Check my score again and its around 680. They did 5 hard pulls on my credit. My wife and I were saving up to by a house at the end of our lease so we can start building equity. I honestly dont know how I will be approved now for a house we have 10k so far for a down payment and our apartment lender puts 20 of rent towards a down payment of we buy a house built by them. So we were hopeful but now feel like it will be impossible.Edit: I also have about 7k in credit cards that are paid on time and stay paid off.my first thought was because I now have 75k in credit open and only about 10 is open the rest is full? Ive been racking my brain to see how it dropped around 60 pts  <response>: For the purposes of FICO scoring, inquiries from car lenders within two weeks will be combined into one inquiry. Youre 70K in debt, 30K of which is brand new. Pay as agreed on the loan and your score will eventually recover. 