May
14
2020
SoFi Blog
Tips and news—
for your financial moves.
May
14
2020
Credit Card Consolidation Loans DR
credit card debt consolidation
A better way
to pay off high-interest
credit card debt.
Checking your rate will not affect your credit score.✝︎
Consolidate your credit card debt
and get back in control.
Using a Personal Loan from SoFi to consolidate credit card debt could substantially lower how much you pay each month. Because most credit cards carry high interest rates, it’s nearly impossible to pay them off through monthly payments. A low fixed-rate personal loan can be easier to manage—and can save you a lot of money.
Why SoFi for
credit card debt consolidation?
Improve Credit
On average, members increased their FICORscores by 22 points after consolidating $10,000+ in credit card debt.6a
Fixed Pay Schedule
Choosing a fixed rate makes payments easy to track—and gives a target payoff date.
Save Money on Interest
With lower interest rates, you can pay off debt without compounding interest.
No fees, no catch
No application or origination fees. No pre-payment penalties.
See how a SoFi Personal Loan compares:
Many credit card owners opt to use a balance transfer to consolidate their debt, but this move often leaves people with the same problem they started with: high-interest credit card debt. Here’s how using an unsecured loan compares to just transfering your debt to another card.
How it works
Find your rate.
Get pre-qualified online with no hidden fees and no obligation.
Select your loan and apply.
Choose the loan that works for you and complete your application.
Get your money.
Sign your documents, and funds are deposited right to your account.
Find your rate in just two minutes.
Read more
May
14
2020
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13
2020
Impact of COVID-19 on College Admissions & Testing
In response to COVID-19, many schools aren’t requiring SAT or ACT scores as an application requirement, but that doesn’t necessarily mean skipping the test altogether.
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13
2020
Changes for the Beauty Industry
Products that used to be integral parts of people’s daily routines are sitting unused in bathroom cabinets, and the companies that make these products are feeling strained.
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