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21 Tax Deductions for College Students and Other Young Adults
https://www.sofi.com/learn/content/tax-breaks-for-students/
If you’re a student or a recent grad, you are likely just starting your financial life and looking for ways to economize. One way to do that is to learn about the tax deductions and credits that can often help you lower your tax bill whether you’re still in school or just got your degree. […]
Home Equity Lines of Credit (HELOCs) vs Personal Lines of Credit
https://www.sofi.com/learn/content/personal-line-of-credit-vs-heloc/
If you’re looking for a tool you can use to borrow money when you need it, you may be wondering which is the better choice: a personal line of credit or a home equity line of credit (HELOC). In this guide we’ll compare these two types of credit lines — both of which function similarly […]
What Is the Average Credit Score for a 30 Year Old?
https://www.sofi.com/learn/content/average-credit-score-for-a-30-year-old/
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. […]
Average Credit Score by Age 60
https://www.sofi.com/learn/content/average-credit-score-by-age-60/
The average credit score by age 60 is currently 745, which falls in the very good range. Your credit score is an important indicator of how well you use credit, and it can help you reach financial goals like securing a home loan at favorable rates. Knowing what the average credit score by age 60 […]
Average Credit Score by Age 50
https://www.sofi.com/learn/content/average-credit-score-by-age-50/
Keeping your credit score healthy is a lifelong endeavor. It’s never too soon to start working on improving your credit score, but it’s also never too late to make progress. If you are in your forties or fifties, you may be wondering, what is the average credit score by age 50? Read on to find […]