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11 Tips for Surviving on $1,000 a Month
https://www.sofi.com/learn/content/surviving-on-1000-a-month/
Table of Contents What Does Living on $1,000 a Month Look Like? Is It Possible to Live Off of $1,000 a Month? How to Live on $1,000 a Month FAQ While adopting a frugal lifestyle is a choice for some people, it may be a necessity for others. For example, you might be trying to […]
What Is the Average Credit Score for a 30 Year Old?
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The average credit score for a 30-year-old is 691, which qualifies as a good score. It can likely lead to your approval for loans and lines of credit, but perhaps not at the most favorable rates or with the best terms. Those offers tend to be reserved for those with very good or excellent scores. […]
How Income and Salary Affect Your Credit Score
https://www.sofi.com/learn/content/does-income-affect-credit-score/
Your income doesn’t have a direct impact on your credit score, but it can have indirect effects. A loss of income, a gap in cash flow, or a sudden layoff can have you feeling a financial pinch. These circumstances could hinder your ability to pay your bills, which can ding your credit. Additionally, your income […]
How Long Do Closed Credit Accounts Stay on Your Credit Report?
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You might think that if you close a loan or credit card account it will no longer affect your credit report, but they can actually stay on your credit report for up to 10 years. During this time period, these accounts can help or hurt your credit score, depending on a number of factors. Here’s […]
Is a $20,000 Salary Good?
https://www.sofi.com/learn/content/is-20000-a-good-salary/
While there’s no official guideline on what makes a salary “good,” a $20,000 salary is not typically enough for a household to live comfortably in most parts of the United States. Certainly, each person’s situation is unique in terms of their assets and expenses, but an individual making $20K a year may have a hard […]