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1500 Search Results

1500 Search Results

Does Applying for Credit Cards Hurt Your Credit Score?

Does Applying for Credit Cards Hurt Your Credit Score?

https://www.sofi.com/learn/content/does-applying-for-credit-cards-hurt-credit-score/

…new account effectively increases your credit limit. In turn, this can lower your credit utilization ratio, which is your outstanding balances compared to your overall credit limit. Credit utilization accounts…


Business Loans for Bad Credit

Business Loans for Bad Credit

https://www.sofi.com/learn/content/bad-credit-business-loans/

…purposes, personal FICO credit scores are generally determined using the following factors: •  New credit – 10% •  Credit mix – 10% •  Length of credit history – 15% •  Accounts owed – 30%…


Can You Pay Taxes With a Credit Card?

Can You Pay Taxes With a Credit Card?

https://www.sofi.com/learn/content/pay-taxes-with-credit-card/

card offering 50,000 bonus miles — an equivalent to $1,000 worth of travel — paying a $4,000 tax bill with a payment service charge of 1.96% equates to $78.40 in…


What Is the Average Credit Score for a 21-Year-Old?

What Is the Average Credit Score for a 21-Year-Old?

https://www.sofi.com/learn/content/average-credit-score-for-a-21-year-old/

…If you owe $5,000 on a card with a $10,000 credit limit, your utilization is 50%. If you have the limit raised $5,000 to $15,000, you owe the same amount,…


Guide to Blocked Credit Cards

Guide to Blocked Credit Cards

https://www.sofi.com/learn/content/blocked-credit-card/

Credit Card Block? As discussed, a “credit card block” can refer to a couple different types of credit card disruptions: •   A declined credit card transaction, sometimes caused by a…


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