95 Search Results
95 Search Results
https://www.sofi.com/learn/content/loud-budgeting/
Loud budgeting is a money-saving trend that is encouraging people to be honest with others about their finances and feel okay about saying “No” to expensive invitations. The concept was first introduced by TikTok content creator and comedian Lukas Battle in late 2023 as an alternative to “quiet luxury” and involves talking openly — or […]
https://www.sofi.com/learn/content/does-applying-for-credit-cards-hurt-credit-score/
Applying for credit cards isn’t something you should take lightly because it can lower your credit score with each application you submit. Reviewing a credit card application typically involves a hard credit inquiry, which usually lowers a score by perhaps five points or so. If you were to fill out several credit card applications at […]
https://www.sofi.com/learn/content/margin-balance/
Margin trading simply means borrowing money from a brokerage to purchase securities, and margin balance is the amount of money an investor owes to the brokerage. Trading stocks and other securities on margin allows investors to expand their purchasing power, though the availability of margin is predicated on the holdings an investor has in the […]
https://www.sofi.com/learn/content/what-is-a-billing-cycle-for-a-credit-card/
You can count on your credit bill arriving every month, thanks to your billing cycle, or the length of time between one statement’s closing date and the next. But how does a billing cycle for a credit card work and does it impact your credit score? Many of us aren’t exactly sure, even if we […]
https://www.sofi.com/learn/content/how-to-recover-from-being-scammed/
You might associate scams with far-fetched ruses about foreign “princes” or emails, full of misspellings, that claim to be from your bank. And you might think you would never fall for those ploys. Scams, however, have grown more convincing over time, as evidenced by a growing amount of consumer dollars lost to fraud each year. […]
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