How to Get a 720 Credit Score Reddit

Title: How to Attain a 720 Credit Score: A Comprehensive Guide from Reddit


A credit score is a crucial financial indicator that plays a significant role in determining your financial health. A score of 720 or above is considered excellent, granting you access to favorable interest rates, better loan terms, and increased borrowing power. In this article, we will explore tips and advice sourced from Reddit to help you achieve a 720 credit score and maintain it.

Section 1: Understanding Credit Scores

Before embarking on your journey to a 720 credit score, it’s essential to comprehend what a credit score is and how it is calculated. Reddit users frequently discuss the significance of factors such as payment history, credit utilization, length of credit history, credit mix, and new credit inquiries. Having a clear understanding of these elements will help you make informed decisions to improve your credit score.

Section 2: Establishing a Strong Financial Foundation

Reddit users emphasize the importance of building a solid financial foundation. This includes creating a budget, paying bills on time, and living within your means. By practicing responsible financial habits, you can ensure that your credit score remains on an upward trajectory.

Section 3: Managing Credit Utilization

Credit utilization refers to the percentage of your available credit that you are currently using. Reddit users frequently discuss strategies for keeping credit utilization low, such as paying off credit card balances in full every month and keeping credit card balances below 30% of your credit limit. By maintaining low credit utilization, you demonstrate responsible credit management to lenders, boosting your credit score.

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Section 4: Building a Positive Payment History

Consistently making on-time payments is crucial for improving and maintaining a high credit score. Reddit users often suggest setting up automatic payments or reminders to ensure timely bill payments. By avoiding late payments and collections, you establish a positive payment history, demonstrating your reliability to creditors.

Section 5: Lengthening Your Credit History

Your credit history length is an essential factor in determining your credit score. Reddit users recommend keeping old accounts open, even if you no longer use them, as this helps to extend your credit history. Additionally, they advise against closing unused credit cards, as it may negatively impact your credit score.

Section 6: Diversifying Your Credit Mix

Reddit users often discuss the importance of diversifying your credit mix. Having a healthy mix of credit accounts, such as credit cards, mortgages, and auto loans, shows lenders that you can handle different types of credit responsibly. However, it is crucial to avoid taking on unnecessary debt or opening too many accounts at once, as this can have a negative impact on your credit score.

Section 7: Dealing with Credit Inquiries

When applying for new credit, lenders typically perform a hard inquiry on your credit report. Multiple hard inquiries within a short period can potentially lower your credit score. Reddit users advise being cautious about applying for new credit unnecessarily and suggest spacing out credit applications strategically to minimize the impact on your credit score.


1. How long does it take to achieve a 720 credit score?
Achieving a 720 credit score varies depending on individual circumstances. It may take several months or even years of responsible credit management to reach this milestone.

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2. Can I improve my credit score if I have a history of late payments?
While a history of late payments can negatively impact your credit score, adopting responsible financial habits and consistently making on-time payments moving forward can help improve your credit score over time.

3. Is it possible to achieve a 720 credit score without a credit card?
While having a credit card can help build credit history, it is not the only factor that determines your credit score. Responsible management of other credit accounts, such as loans or mortgages, can also contribute to improving your credit score.


Achieving and maintaining a 720 credit score is attainable with discipline, responsible financial habits, and a comprehensive understanding of how credit scores work. By following the tips and advice shared by Reddit users, you can make significant progress in boosting your credit score. Remember, patience is key, as building credit takes time. Start implementing these strategies today and watch your credit score steadily climb towards financial success.