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Guide to Reopening a Closed Bank Account
https://www.sofi.com/learn/content/reopen-closed-bank-account/
You can sometimes reopen a closed bank account depending on the bank’s policies and the reasons for the closure. Accounts that you closed or that were closed due to inactive status tend to be easier to reopen than those that were terminated due to problems like frequent overdrafts. This guide will help you navigate having […]
Use Cases of Generative AI in Banking
https://www.sofi.com/learn/content/use-cases-of-generative-ai-in-banking/
Generative artificial intelligence (AI) is starting to transform industries, and the banking sector is no exception. Financial institutions are exploring ways to adopt generative AI to enhance customer experiences, combat fraud, and streamline complex, time-consuming processes. Unlike traditional AI, generative AI has the ability to generate new content and solutions based on training data, opening […]
Finding & Applying to Scholarships for Grad School
https://www.sofi.com/learn/content/graduate-school-scholarships/
Scholarships can be a helpful resource to pay for grad school and are available through many different avenues, including states, organizations, nonprofits, companies, and more. Grants and scholarships are similar in that they’re both gift aid you don’t typically have to repay after graduation. The main difference is that scholarships are typically merit-based, while grants […]
How Can I Tell if My Student Loans Are Federal?
https://www.sofi.com/learn/content/how-to-tell-if-student-loans-are-federal/
Many undergraduate student loans are federal loans issued through the government. But if you needed extra funds while pursuing your education or you earned an advanced degree, there’s a good chance you may also have one or more private loans in your borrowing mix. Knowing what kind of student loans you have can help you […]
A Comprehensive Guide to Treasury Bills (T-Bills)
https://www.sofi.com/learn/content/what-are-treasury-bills/
U.S. government-backed securities like Treasury bills (T-bills) provide a way to invest with minimal risk. These debt instruments are one of several different types of Treasury securities including Treasury notes (T-notes) and Treasury bonds (T-bonds). Unlike other treasuries, however, T-bills don’t pay interest. Rather, investors buy T-bills at a discount to par (the face value). […]