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    Very Good Credit Score

    720 Credit Score: What It Means & What You Can Get

    Strong approval; premium rewards cards; great mortgage rates.

    720
    300500620700740850

    Tier

    Very Good

    700–739

    Percentile

    37%

    of Americans score higher

    Next tier

    740+

    Excellent

    What you qualify for

    What a 720 Credit Score Gets You in 2026

    Available

    Mortgage

    Excellent rates

    Rates: 5.5–6.0%

    All conventionalJumboInvestment

    Most programs available with strong terms.

    Available

    Auto Loan

    Prime

    Rates: 4–6%

    Manufacturer financing and credit-union rates available.

    Available

    Credit Cards

    Premium rewards

    Chase Sapphire PreferredCapital One Venture

    Most travel cards open. Higher limits.

    Available

    Personal Loans

    Strong options

    Rates: 6–10% APR

    Up to $50K. Multiple competitive lenders.

    Available

    Business Funding

    Good SBA terms

    Multiple options. Competitive business lines of credit.

    Available

    Apartment Rental

    No issues

    Luxury apartments accessible. Some waive deposits entirely.

    Available

    Truck / Equipment

    Standard terms

    Rates: 6–9%

    5–10% down typical. New equipment financeable.

    Comparison

    What Improving to 740 Unlocks

    At 720
    Very Good
    At 740
    Excellent
    Mortgage
    Excellent rates · 5.5–6.0%
    After improving
    Best available rates · 5.2–5.8%
    Auto loan
    Prime · 4–6%
    After improving
    Super-prime · 3–5%
    Credit cards
    Premium rewards
    After improving
    Elite cards
    Personal loans
    Strong options · 6–10% APR
    After improving
    Best rates · 5–8% APR
    Business funding
    Good SBA terms
    After improving
    Best business terms

    Lifetime mortgage savings

    $19,888

    Improving from 720 to 740 could save you this much on a $350,000 mortgage over 30 years.

    Your roadmap

    How to Get from 720 to 740

    Estimated timeline: 2–4 months

    1

    Optimize utilization to 1–3%

    +10–20 pts30–60 days

    Report balances right before statement dates. Single-digit utilization is the elite range.

    2

    Keep all accounts current

    Avoid 50+ pt dropOngoing

    At this tier, a single late payment causes the largest absolute point drop.

    3

    Don't close oldest accounts

    +5–10 pts over timeOngoing

    Account age is 15% of your score. Even unused old cards help — keep one small charge per quarter.

    4

    Remove any remaining derogatory marks

    +10–25 pts30–45 days

    Older negatives still hurt. Use goodwill letters and dispute aging items aggressively.

    Average Credit Booster client improves 30–60 points in 3–5 months

    Interactive Tool

    Score Impact Simulator

    Adjust the levers to see how each action affects your projected score.

    0 items
    0 items
    No change
    0 accounts
    0 items

    Projected Score

    720
    Very Good
    +0 points from 720

    FAQ

    Frequently Asked Questions About a 720 Credit Score

    Ready to Go from 720 to 740?

    Get your free personalized Credit Road Map — see exactly what's holding your score back and how to fix it.

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