“Balance Transfer Card”

998 Search Results

998 Search Results

Solvency vs Insolvency: Defined and Explained

Solvency vs Insolvency: Defined and Explained

https://www.sofi.com/learn/content/solvent-vs-insolvent/

…It’s not uncommon for new small businesses and start-ups to have negative owners’ equity on the balance sheet. As a company matures, generally its solvency improves. How Insolvency Works Businesses…


Flex Loans: Benefits and Drawbacks

Flex Loans: Benefits and Drawbacks

https://www.sofi.com/learn/content/flex-loans/

balance, you can continue to borrow from the credit line, similar to a credit card. Because flex loans typically don’t require a credit check, they can be an attractive option…


Using Your 401(k) to Pay Down Debt

Using Your 401(k) to Pay Down Debt

https://www.sofi.com/learn/content/using-401k-to-pay-off-debt/

cards. If you continue to use your credit cards, and then have credit cards and the 401(k) loan payments to make every month, you could end up in even more…


What Is a Microdeposit?

What Is a Microdeposit?

https://www.sofi.com/learn/content/what-is-a-micro-deposit/

…deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or…


When Do I Get My Escrow Refund?

When Do I Get My Escrow Refund?

https://www.sofi.com/learn/content/what-is-an-escrow-refund/

…escrow account to cover it. This may result in a negative escrow balance. In the case of a negative escrow balance, the servicer uses their own money to cover the…


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