Who Has a 732 Credit Score?

While individual financial habits are the main driver of a credit score, there is a clear trend of average scores increasing with age. Older consumers have had more time to build a longer credit history and establish a positive repayment record, both of which are significant factors in credit calculations. According to 2023 data from Experian, the average FICO score breaks down by generation as follows:

• Generation Z (ages 18-26): 680
• Millennials (ages 27-42): 690
• Generation X (ages 43-58): 709
• Baby Boomers (ages 59-77): 745
• Silent Generation (ages 78+): 760

Credit Cards With a 732 Credit Score

A credit score of 732 places you firmly in the "good" credit range, which significantly boosts your chances of being approved for a wide variety of credit cards. Lenders view this score favorably, meaning you'll likely qualify for cards with competitive interest rates, attractive rewards programs, and higher credit limits than someone with a fair or poor score. While the most exclusive, top-tier cards might still be reserved for those with excellent credit, a 732 score opens the door to many of the best options on the market.

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Kudos can help you find the perfect credit card by using its AI-powered tools to match your unique financial profile with the best options available. The platform's Explore Tool analyzes your preferences to suggest cards from a database of nearly 3,000, ensuring a recommendation tailored to your needs.

Auto Loans and a 732 Credit Score

A 732 credit score places you in the 'prime' borrower category, making you a strong candidate for an auto loan. While you can expect to receive competitive interest rates, they may not be the absolute lowest reserved for those with super-prime credit.

• Super-prime (781-850): 5.25% for new cars, 7.13% for used cars
• Prime (661-780): 6.87% for new cars, 9.36% for used cars
• Non-prime (601-660): 9.83% for new cars, 13.92% for used cars
• Subprime (501-600): 13.18% for new cars, 18.86% for used cars
• Deep subprime (300-500): 15.77% for new cars, 21.55% for used cars

Data from Experian's Q2 2025 report.

Mortgages at a 732 Credit Score

A 732 credit score puts you in a strong position to qualify for nearly any home loan. This score is well above the minimums for conventional, FHA, VA, and USDA loans. According to a Kudos mortgage guide, a score in the 700s also opens the door to jumbo loans, giving you a wide range of options.

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Your 732 score makes you a less risky borrower, which translates to significant benefits. You can expect an easier approval process, more competitive interest rates, and lower private mortgage insurance (PMI) premiums. This strong credit profile also gives you access to more loan choices and provides leverage for negotiating better terms with lenders.

What's in a Credit Score?

Figuring out what goes into your credit score can feel like trying to solve a complex puzzle, but it generally boils down to a handful of key elements. The most common factors include:

• Your history of making payments on time is the most significant factor.
• How much of your available credit you're currently using, known as your credit utilization ratio, plays a major role.
• The age of your credit accounts, including the average age and the age of your oldest account, is also considered.
• Lenders like to see that you can responsibly manage different types of credit, such as credit cards and loans.
• Opening several new credit accounts in a short period can be seen as a risk and may temporarily lower your score.

How to Improve Your 732 Credit Score

Improving your credit score is an achievable goal that relies on consistent, positive financial behaviors. While a 732 credit score is already considered good, a few strategic actions can elevate it into the very good or excellent range, unlocking better loan terms and premium credit card rewards.

• Reduce your credit utilization ratio. This ratio is the second most important factor in your score, so keeping balances low demonstrates responsible credit management. Paying down balances to stay well under the recommended 30% threshold can provide a meaningful boost to your score.
• Establish automatic bill payments. Your payment history is the single most significant factor influencing your credit score, and a single late payment can cause a drop. Automating payments guarantees you are always on time, protecting your score and helping it climb higher.
• Monitor your credit reports regularly. Reviewing your credit reports from all three bureaus allows you to identify and dispute inaccuracies or fraudulent activity that might be suppressing your score. This ensures your score is a true reflection of your financial health and helps you track your progress.
• Become an authorized user. You can benefit from the positive credit history of a trusted person by being added as an authorized user on their well-managed credit card. This can help improve your score by increasing your average account age and lowering your overall credit utilization.

The free Kudos browser extension is an excellent tool to help you manage your credit and maximize rewards while building your score.