On average, with consistent good credit behavior, experts estimate that your score may increase as much as 100 points in six months. So if your FICO® Score is around 600 today, you may be able to get it to 700 within six months. There is not set score increase that one can get within a certain amount of time. Your credit score is unique to you and it will increase or decrease based on your credit behavior.
The timeframe it takes to increase your credit score to 720, or any specific target, depends on various factors, including your starting credit score and the specific elements impacting your credit. If you begin with a lower credit score, such as within the 500s, the process of reaching a score of 720 can take longer, possibly up to a year or more. Additionally, increasing your score to bring it to 720 also depends on which factors are currently responsible for lowering your score, such as missed payments, high credit utilization ratio, multiple lines of new credit in a short period of time, etc. In addition, the higher your score, the lesser the jump will be because there’s already a history of good credit behavior. Similarly, if you already have a bad credit score, missing one more payment may not make much of a difference. But if you have good credit and you miss a payment, your score will drop more. If you have bad credit and you start to pay your bills on time, your score will improve more.
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