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1354 Search Results

How to Cancel a Credit Card Without Affecting Your Credit Score

How to Cancel a Credit Card Without Affecting Your Credit Score

https://www.sofi.com/learn/content/how-to-cancel-credit-card-without-affecting-credit-score/

…history to keep the card. Does canceling a credit card hurt your credit? Canceling a credit card can hurt your credit score. However, practicing other good credit habits, like paying…


Tips on Establishing Credit

Tips on Establishing Credit

https://www.sofi.com/learn/content/how-to-establish-credit/

…path to success. How Many Credit Cards Do You Need? Don’t own a credit card yet? Getting a card is a simple way to start establishing credit. (People who already…


Why Did My Credit Score Drop 20 Points for No Reason?

Why Did My Credit Score Drop 20 Points for No Reason?

https://www.sofi.com/learn/content/why-did-my-credit-score-drop-20-points-for-no-reason/

…it could explain a reduction in your credit score. You Closed an Old Credit Card Account It may seem counterintuitive (and super frustrating) that canceling a credit card  can have…


How Does Credit Utilization Affect Your Credit Score?

How Does Credit Utilization Affect Your Credit Score?

https://www.sofi.com/learn/content/how-credit-utilization-affects-credit-scores/

…Recommended: How to Avoid Interest on a Credit Card Keeping Your Credit Cards Active It may be tempting to close a credit card that you don’t use anymore. However, if…


Differences Between Store Credit Cards vs Major Credit Cards

Differences Between Store Credit Cards vs Major Credit Cards

https://www.sofi.com/learn/content/store-card-vs-credit-card/

…impact credit. What Is a Store Card? A store credit card or retail credit card is a card issued by a store or retailer. There are two main types of…


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