I need some advice from people who are familiar with credit scores. My husband and I are getting ready to purchase our first home, we have saved for a down payment and have good credit. My husband works remote and his company reimburses for expenses rather than using a company card. We didn't realize that putting his expenses temporarily on a credit card would hurt his credit so badly - after a business trip last month it dropped his score (I don't have income, so we'll use solely his income/score to qualify) by 30 points. I used a credit score calculator to see how his score would be affected by us repaying the trip's expenses, but it only shows it recovering by 2 points. How is this possible? Is there any way to recover credit or appeal this process? Is that a large enough drop to really affect our potential rate? If the specific scores matter, it dropped from 756 to 725. We'll be working with a lender in the next week but I thought I might reach out to see if anyone has some knowledge in the area.
