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I have a credit score of 730 and i’m 21 years old. Is this good or bad? Also i’m trying to find a card that has 0% APR for about 12 months because i want to buy something but i dont have that kind of money now.

4 Thoughts on Credit score of 730?
  1. Reply
    February 12, 2014 at 6:31 am

    Thats good credit. Credit range from poor (500 range. to 850ish excellent)Amex or visa. try to get one with benefits like airline miles or hotel stays ect. A good place to check is us air credit cards, goggle it.

  2. Reply
    February 12, 2014 at 7:10 am

    Wow yes 730 is good however when you got this score thru experian than you will soon find out that your real Fico score is way less than that (sorry I had to learn that the Hard way). Go to and purchase the Score Power and see your real Fico. If it is your real fico get an Amex Blue and they will give you the 12month free (no interest).

  3. Reply
    Sgt Big Red
    February 12, 2014 at 7:50 am

    A rating [Credit score 720 or higher] — You can easily obtain financing at the best rate; you can get approved for a credit card online in a few seconds. Note that a score above 750 means you have extremely good credit.

    Typical debt- to- income ratio: Below 35%
    Mortgage: You have not been late with a payment in the last 24 months
    Installment loan: You have been 30 days late making payments 0 or 1 time within the last 12 to 24 months
    Revolving credit: You have been 30 or 60 days late with a payment 0 or 1 time in the last 12 to 24 months
    Additional requirements: Good/excellent credit during the last 2 to 5 years; no bankruptcy within the last 2 to 10 years

    Now if you keep your credit history the same you will do fine, but remember this, just ONE late payment or missed payment can drop your score by as much as 30 points.

    You should shop around on line at the major banks to see if you can get a 0% introductory offer for credit card. Stay away from those that have hidden fees to establish an account or charge a monthly/yearly fee. With your score you should be able to get one easily.

    Hope this answers your question.

  4. Reply
    February 12, 2014 at 7:57 am

    This is a fair to very good score, depending on which scoring system you received this from. For example with a FICO score(which goes from 300-850) it would be considered very good. But if it is a Vantage score(which goes from 500-990) it would only be considered a fair score.

    It also depends on what that score is made up of to determine how good it is. If you are 21 years old at most you can have 3 years of credit history which is not a long time. As a result you will have more dramatic changes than someone with a 5-10 year history. If that score is made up of 1 or 2 credit cards with a $ 300 limit that you have paid on time, then that score really means nothing in the overall picture. But if it includes various amount of credit such as a couple of credit cards and installment loans then it carries more weight.

    If you do decide to apply for some credit cards be careful not to apply for too many in a short period of time. The more you apply for the more of a negative effect it will have. At most you should apply for 1-2 every couple of months.

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