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Can You Pay Off Student Loans with Your 401(k)?

Can You Pay Off Student Loans with Your 401(k)?

https://www.sofi.com/learn/content/pay-off-student-loans-with-401k/

…your 401(k) and pay off a high-interest loan, there are some serious drawbacks to consider before running with that plan. Table of Contents The Downsides of Using Your 401(k) to…


Do Student Loans Count Toward Debt Income Ratio?

Do Student Loans Count Toward Debt-to-Income Ratio?

https://www.sofi.com/learn/content/student-loans-count-toward-dti/

…your DTI isn’t set in stone, and with a little effort, you can decrease it while increasing your chances of approval for a new home loan. Table of Contents What…


When Do Student Loans Start Accruing Interest?

When Do Student Loans Start Accruing Interest?

https://www.sofi.com/learn/content/when-do-student-loans-accrue-interest/

…payment pause that began in 2020, it’s important to know when those loans begin accruing interest again in 2023. Table of Contents Interest Accrual Basics and Exceptions The Basics of…


Understanding the Credit Rating Scale

Understanding the Credit Rating Scale

https://www.sofi.com/learn/content/credit-rating-scale/

…Everything You Need To Know How’s Your Credit? Where your credit score falls on the scoring table determines how “good” your credit is. Here’s a breakdown of the credit rating…


How to Complete the FAFSA Step by Step

How to Complete the FAFSA Step by Step

https://www.sofi.com/learn/content/how-to-complete-fafsa-application/

…filling out the FAFSA. Many students leave money on the table every year by failing to complete it, and low-income families are often less likely to complete the form than…


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