Is 720 a good credit score to buy a car?

Yes, 720 is a good credit score to buy a car. Both banks and manufacturers’ financing companies see 720 as a good score. It may not get you the best interest rate available, but you should be able to buy a new or used vehicle.

Is 720 a good credit score to buy a house?

You can be approved for a mortgage with a 720 credit score if everything else lines up right financially: your income, length of time at your job, mortgage amount, etc.). Your interest rate may also be higher with a score of 720.

Is a 720 credit score considered excellent?

A 720 credit score is not considered excellent, but it is considered good by FICO and VantageScore. To achieve an excellent score, you’ll need to reach the 800 mark and above. However, with time and effort, it can be achieved.

Where can I find out my credit score?

Through the end of 2023, you can order your credit report monthly at You can also contact the three credit bureaus and receive your report free every year. Those credit bureaus are Equifax, Experian, and TransUnion.

How long will it take to improve my credit score?

While there are some credit repair companies that promise a quick fix, improving your credit score will take time, possible several months or more. You’ll need to be sure to make payments on time and not apply for new credit while you establish a better credit history.

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About the Author

Bob Phillips

Written by: Bob Phillips

Financial advisor and content writer

Bob has 15 years of experience as as a financial advisor/trainer/agency manager for several major financial services companies. He earned numerous awards for personal production and agency leadership during his financial career.

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