Understanding the revolving debt definition and how it affects your financial life differently from installment debt is key to getting out of the debt trap.| SoFi
Personal loans have gotten increasingly popular for consolidating debt since rates are usually lower than credit cards. Find out the average loan interest rate.| SoFi
Learn about what credit score ranges are, how they’re calculated, how to check your credit score, and what impacts your credit score.| SoFi
Credit card payments can be confusing and easy to lose track of. Here is what you need to know about payments, and how they affect credit scores, so you stay ahead of the game.| SoFi
Information like your monthly payment, your debt-to-income ratio, and your credit utilization level can help determine how much credit card debt is too much.| SoFi
This article highlights ways that no interest credit cards may be useful, along with downsides (many of them significant!) to watch out for.| SoFi
Checking a credit card balance can often be done in app, online, by phone, or by checking your statement. Learn the details here.| SoFi
We’ll share tips to help you use your credit cards responsibly and, if applicable, tips to get your outstanding credit card balances under control.| SoFi
How can the way you use your card affect your credit score? Learn about credit utilization, how it affects your credit score, and how to manage it.| SoFi
How many credit cards are too many? One, two, ten?We explore some common stats, tips, and ways to keep on top of credit card debt.| SoFi