399 Search Results
399 Search Results
https://www.sofi.com/learn/content/average-car-loan-interest-rate-for-800-credit-score-2/
Good news for drivers with excellent credit: The average auto loan interest rate for consumers with an 800 credit score is 5.25% for a new car and 7.13% for a used car, according to Experian’s 2024 State of the Automotive Finance Market report. Consumers with high credit scores tend to secure the best loan rates […]
https://www.sofi.com/learn/content/what-credit-score-do-you-start-with/
It’s natural to be curious about what credit score you start with at 18. You might assume you start with the lowest possible score of 300, but that’s not how it works. Instead, your credit score doesn’t exist until you begin generating financial data. Good credit is vital to financial independence. Establishing credit early on […]
https://www.sofi.com/learn/content/what-is-a-credit-builder-loan/
There’s a saying that you have to spend money to make money. But what if you can’t get the money you need for a significant purchase, such as a car or a house? Accessing credit can be challenging for borrowers who haven’t established a credit history or have mismanaged debt in the past. One option […]
https://www.sofi.com/learn/content/send-money-with-credit-card/
If you need to send money with a credit card, there are several ways you can complete the transaction, including taking a cash advance, using a peer-to-peer (P2P) app, or using a money transfer service. While it’s convenient to send money by credit card, it may be costly and it could impact your credit. Before […]
Paying down your credit card debt is a huge win for your finances, but you might see your credit score go down even after you lower your balance. While this can be confusing, the drop is often due to other factors, like the types of credit you have and the length of your credit history. […]
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