62 Search Results
62 Search Results
https://www.sofi.com/learn/content/why-did-my-credit-score-drop-100-points-for-no-reason/
Credit scores measure your financial health at a given point in time. Ideally, your score increases as you build your credit history, so a sudden decline can leave you wondering why. Several things can cause a credit score to fall 100 points (or more), and late payments are often at the top of the list. […]
https://www.sofi.com/learn/content/how-to-lower-credit-card-utilization/
Your credit utilization is the percentage of your overall credit limit that you’re using, and it can have a major effect on your credit score. As your credit usage decreases, it can positively affect your score since it shows you’re responsible with credit. On the flipside, high credit utilization can ding your score as it […]
https://www.sofi.com/learn/content/how-to-check-credit-score-without-paying/
If you’ve ever wanted to check your credit score and do so without dinging your score or paying a cent, guess what? It’s possible. You can get that important three-digit number from a number of sources. In fact, your bank or credit card company may provide just what you are looking for. Why is your […]
https://www.sofi.com/learn/content/credit-card-product-change-and-switching/
Whether you’re interested in switching credit cards because you found one with better rewards or one with no annual fee, it can make sense to do so. Also called a credit card product change, some banks allow you to make a switch without much consequence. But before doing so, it’s best to understand how changing […]
https://www.sofi.com/learn/content/credit-card-chip/
If you’re asked to insert or tap rather than swipe your credit card when you go to pay, you’re using a chip credit card. A credit card chip is a small gold or silver microprocessor that’s embedded in the card and intended to offer greater security for your transactions. Credit card chips are growing dominant […]
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