Foreclosure Rates for All 50 States in March | SoFi
Foreclosures saw a minor decrease compared to February and to March of last year. Read on for the foreclosure rates of all 50 states in March.| SoFi
Foreclosures saw a minor decrease compared to February and to March of last year. Read on for the foreclosure rates of all 50 states in March.| SoFi
Student loan debt nationwide currently totals $1.814 trillion (including federal and private student loans). The average federal student loan debt balance is $39,075 while the total average balance (including private student loans) is estimated to be $42,673, according to EducationData.org. Student loan debt is now the second highest consumer debt category in the country behind […] The post Average Student Loan Debt by State in 2025 appeared first on SoFi.| SoFi
Generally, scholarships used to pay for qualified educational costs at an eligible educational institution aren’t considered taxable income. The same goes for any grants used to pay for college tuition and fees. However, there are some cases in which scholarship or grant money may be taxable. For example, if you have money left over after […] The post Are Scholarships Taxable? appeared first on SoFi.| SoFi
Government-backed mortgages can be easier for potential homebuyers to qualify for as these loans are insured by the federal government, which brings down the risk for lenders. There are three main types of government-backed mortgages that can help consumers — and especially first-time homebuyers — reach their goal of homeownership. Let’s take a closer look […] The post How Government-Backed Mortgages Work appeared first on SoFi.| SoFi
Table of Contents What Are Small Business Grants for Women? Small Business Grants for Women Additional Private Small Business Grants What About Federal Grants for Women Business Owners? 4 Databases of Resources and Grants for Women Business Owners What Can You Do With Small Business Grants for Women? Tips for Applying for a Female-Owned Business […] The post 30 Small Business Grants and Grant Databases for Women in 2025 appeared first on SoFi.| SoFi
Table of Contents What Is an EIN? Does Your Business Have an EIN? Can You Get a Small Business Loan With Only an EIN? How to Apply for a Startup Business Loan Using an EIN Number What Lenders Look for Beyond Your EIN Why Should You Use EIN Over SSN? Types of Loans Available With […] The post Can You Get a Small Business Loan With Just EIN? appeared first on SoFi.| SoFi
College is more expensive than ever, making it more important for college students to determine ahead of time whether their degree is worth the cost. Math degrees are often worth the cost as they allow alumni to pursue many lucrative careers. Math majors can be mathematicians, but they can also pursue analytical professions. Many of […] The post Math Degree: Is It Worth the Cost? appeared first on SoFi.| SoFi
If you’re looking to get a great deal on a new or used car, you’ll likely need to do more than negotiate a good price with the dealer. Unless you’re paying all cash, you’ll also need to get a great deal on your auto loan. Lowering the annual percentage rate (APR) of a car loan […] The post Guide to Getting a Low APR on a Car Loan appeared first on SoFi.| SoFi
When it comes to refinancing your car, you can do so as many times as you want. There is no legal limit on the number of times you can refinance a car. However, each time you will have to find a lender that is willing to lend you the money for a new loan. Each […] The post How Many Times Can You Refinance a Car? appeared first on SoFi.| SoFi
Refinancing your auto loan means replacing your old loan with a new one that ideally has better terms. Refinancing does not necessarily extend your loan term — that is, unless you choose a loan with a longer repayment term. Read on to learn how refinancing works and when it might affect the length of your […] The post Does Refinancing a Car Extend Your Loan Term? appeared first on SoFi.| SoFi
Refinancing a car loan can hurt your credit. Learn why refinancing can affect your credit, as well as the upsides to refinancing that can still make it worthwhile.| SoFi
It’s possible to have more than one checking account at a bank. Learn why this might be a good idea, plus the potential downsides.| SoFi
A number of things can hurt a home appraisal, from needed upgrades and poor maintenance to the location and the comparable property values. Learn more.| SoFi
Is inflation good or bad? It’s a complex question. Inflation drives up the cost of living, but it can also spur productivity and create jobs. Learn more.| SoFi
Private mortgage insurance can add to homeowners' monthly mortgage payments. Learn your options to avoid it, and how to get rid of it if you're paying now.Understanding the requirements on your mortgage can streamline the home-buying process. Know what private mortgage insurance is and what your options are.| SoFi
Your home may be your highest-value asset, but should you include it when assessing your net worth? Here's when it does and doesn't make sense to.| SoFi
Home appraisals are crucial to the home buying, selling, and refinancing process. Get one by factoring in a home's details, location, and nearby sales.| SoFi
Could a negative money mindset be keeping you from reaching your financial goals? Learn how shifting your perspective can improve your financial situation.| SoFi
Factors that affect property value include a home’s age, size, location and cost of comparable homes. Learn more about assessing your home’s worth.| SoFi
We live in a world of acronyms, so it isn’t surprising that mortgage lending has its own, including PMI and MIP. Here’s info about both, plus how to avoid them.| SoFi
A mortgage lender will help you secure a home loan. The mortgage servicer enters the picture once you have your loan. Learn the functions of both in this guide.| SoFi
The exact monthly cost of a $300,000 mortgage will depend on your down payment, interest rate, and loan terms. Learn how it all adds up here.| SoFi
One important financial benefit of homeownership is building equity. Discover 7 ways you can build equity in your home over time.| SoFi
Homeownership can build wealth both directly and indirectly. Real estate appreciates over the long term, and homeowners can leave a legacy of perks.| SoFi
You don’t have to make a 20% down payment on a home, and many buyers put down far less.| SoFi
Ready for your dream home? Learn best practices for qualifying for a mortgage.| SoFi
Mortgage pre-approval is a powerful tool when buying a house. Here’s how to increase your chances at getting the home loan you need. ✓ Learn more with SoFi.| SoFi
The process of applying for a mortgage loan can be complicated. First it is important to understand the different types of mortgage loans available.| SoFi
Racked up a credit card balance and worried about how to get out of credit card debt? Here are five steps to take amid inflation and rising interest rates.| SoFi
Paying down debt can be a long and grinding process. Need help staying motivated to whittle down your debt and take control? Try these 15 smart strategies.| SoFi
How much your car is worth depends on many factors: condition, mileage, location, etc. Online tools can help you estimate your car’s market value.| SoFi
To help you get started, here's a quick guide to student loans. These are some basics of how student loans work, from start to finish.| SoFi
What is the average college debt? The details of student loan debt and how it’s changed in the last decade can help you understand your financing options.| SoFi
Explore the top small business grants in Florida for 2025, including state, local, and private funding opportunities to help your business grow without taking on debt.| SoFi
Small business grants can give a minority-owned business access to funding that doesn’t have to be paid back. Check out these grant opportunities.| SoFi
Business loans can affect personal credit if your name is connected to the loan. Learn how to keep your business and personal credit histories separate.| SoFi
What are tax credits vs tax deductions? While tax deductions can reduce your taxable income, tax credits reduce your actual tax bill. Learn more.| SoFi
Marginal and effective tax rates are two ways that help taxpayers know how much they owe in taxes. Learn the ins and outs of marginal vs. effective tax rates.| SoFi
Here’s what you need to know about 401(k), IRA, and other retirement plan contribution limits.| SoFi
A tax loss carryforward allows capital losses realized in the current year to offset gains in a future year, which can reduce taxable income. Learn more.| SoFi
You may be entitled to the home office tax deduction if you’re self-employed. Learn from SoFi how the home office deduction works.| SoFi
Flexible spending accounts (FSAs) and health savings accounts (HSAs) help pay for medical expenses. Learn about the pros and cons, and differences between them.| SoFi
HSAs can help cover current health care costs while helping you save for retirement.| SoFi
Doctor's listen up! We are highlighting the best strategies to help you save on your taxes. Learn more today!| SoFi
We guide you through changing your homeowners insurance policy — the why, when, and how — in five easy steps.| SoFi
Annuities are a type of investment account that provides guaranteed income for retirees. Learn about the different kinds of annuities and the pros and cons of these insurance contracts.| SoFi
A pension plan is offered by employers and it provides guaranteed income in retirement. Pension plans are also known as defined-benefit plans. Learn more.| SoFi
A 457 retirement plan is similar to a 401(k), but it’s only for certain types of employees. It may offer advantages over a 401(k). Learn if a 457 plan is for you.| SoFi
A SIMPLE IRA is not the same as a Traditional IRA — they have key differences. Here’s a rundown on a SIMPLE IRA vs. Traditional IRA.| SoFi
A SIMPLE IRA is a tax-advantaged retirement plan for the self-employed and small business owners. Learn about the SIMPLE IRA contribution limits and rules.| SoFi
More people are self-employed than ever before, but how are they preparing for retirement. Here are the self-employed retirement plans to consider.| SoFi
Saving for retirement doesn’t have to be hard. Here, you’ll find a couple of ways to help you set up a retirement plan for your individual needs.| SoFi
Converting a traditional to a Roth IRA may be a good idea for some people’s retirement futures. Here are all the things to know about Roth IRA conversion rules.| SoFi
Want to move funds from your retirement account to your IRA? Check out these eight IRA rollover rules first to help make sure everything is above board.| SoFi
Learn about inherited IRA distribution rules, including recent rule changes, to manage your inheritance as a spouse or non-spouse beneficiary.| SoFi
Gross income reflects your total pay while net income is what you receive after taxes and other deductions. Learn about the difference and why it matters here.| SoFi
It’s important to understand the differences between earned and unearned income when it comes to paying your taxes. Here’s what you need to know.| SoFi
What is a taxable brokerage account vs an IRA? Find out the pros and cons each and whether a taxable brokerage account is a smart option for you.| SoFi
Earnings, dividends, and interest are a few examples of income. Read on to learn more about how each functions and can impact your personal finances.| SoFi
If you are wondering how to pay less in taxes, your filing status, retirement contributions, and more can really help. Learn the details.| SoFi
When do you pay taxes on stocks that you buy? In this article we’ll cover what you need to know about stocks and taxes, so you can start investing.| SoFi
Factors such as contributions and tax bracket play important roles in how much you can pay in taxes each year. Learn more about 401(k) tax deductions.| SoFi
Wondering how to fund an IRA? Here are 4 ways to start an account.| SoFi
It is possible to have a 401(k) and an IRA, and contributing to both could help grow your retirement savings. But there are rules involved. Learn more.| SoFi
The rule of 55 allows you to withdraw money from an employer-sponsored retirement plan at age 55 without paying a penalty. Here’s what you need to know.| SoFi
Learn about the full retirement age for Social Security benefits. Discover how age impacts your benefits and when you can receive full payments.| SoFi
One of the biggest fears people have about investing is losing their hard-earned money. Why take the risk when you could keep your cash safely stored in your checking account?| SoFi
A profit-sharing 401(k) plan helps employees save for retirement. But there are differences between a profit-sharing plan and a traditional 401(k). Learn more.| SoFi
How much should you contribute to your 401(k)? The answer is different for everyone. Here are some basic ways to calculate what may be right for you.| SoFi
Wondering about the 401(k) contribution limits for 2024 and 2025? Learn about important changes to the amount you can contribute to your 401(k).| SoFi
If you need cash, then taking money out of your 401(k) seems like a low-cost option. But, what are the costs associated with taking money out of a 401(k)?| SoFi
Here’s what to know about the 401(k) early withdrawal penalty, along with some alternative ideas to tapping into your 401(k) account.| SoFi
Whether you plan to devote your days to playing golf or spoiling grandchildren, the question of “When can I retire?” is probably on your mind.| SoFi
Employers can offer 401(k) funds, stock options, or other rewards on a vesting schedule that determines when the employee can take ownership. Learn more.| SoFi
Housing, food, trips to the doctor's office. How much are average retirement expenses? By learning how much they'll spend, people can know how much to save.| SoFi
A solo 401(k) is a tax-advantaged account that allows the self-employed to save for retirement. Learn how a solo 401(k) works to decide if it’s right for you.| SoFi
When planning for the future, today's actions matter. Maximizing your 401(k) is one of the most important ways to ensure a good retirement. Learn more!| SoFi
Choosing between a traditional IRA and a Roth 401(k) may not even be a choice you have to make—you can benefit from both.| SoFi
Does looking at the different types of retirement plans make your head spin? Here’s a comparison of the retirement savings accounts.| SoFi
LIMITED TIME OFFER! New SoFi members get $10 in rewards points when you activate credit score monitoring. | SoFi
Wondering whether a Roth IRA is right for you? If you’re considering an IRA to save for retirement, here’s what you need to know about Roth IRA eligibility.| SoFi
When you make money from investments, the gains are subject to tax — but investment taxes vary widely, and can depend on the type of account. Learn more.| SoFi
Tax loss harvesting allows investors to use their investments that declined in value to reduce their annual tax bill.| SoFi
Unsure of the difference between long-term and short-term investments? We examine the characteristics of each and when to use them.| SoFi
Have questions about whether a 529 college savings plan is right for you? We break down the basics and benefits of this tax-advantaged account.| SoFi
Automated tax-loss harvesting may help investors lower their tax bill, but it isn’t fool-proof. Learn about the pros and cons.| SoFi
Get step-by-step instructions on how to obtain a HELOC, aka a Home Equity Line of Credit, including eligibility requirements, tips, and things to consider.| SoFi
Investors who think an asset’s price will drop in a certain period can purchase a put on that asset — i.e. a long put strategy. Learn more.| SoFi
While there’s no hard minimum credit score for car loan refinancing, your score does matter. Learn more about credit score and refinancing auto loans.| SoFi
Knowing the average monthly expenses for one person (for housing, food, and more) can help you get your budget right. Learn the details here.| SoFi
Growth equity is when a company buys a minority interest in a late-stage business to fund its growth and expansion. Learn more about growth equity.| SoFi
Your home is likely your biggest financial asset, so you'll want to know if it's gaining or losing value. Take our quiz and then learn how to boost its worth.| SoFi
Learn how to calculate your home's equity by subtracting your outstanding mortgage balance from your home's estimated market value.| SoFi
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status, be residing in the U.S., and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of facto...| SoFi
Wondering whether a home equity line of credit is a good idea? We look at the pros and cons to help you decide if it’s the right move for you.| SoFi
Set it and forget it: Pros and cons of putting your finances on auto.| SoFi
What is good debt vs. bad debt? Learn about the different types of debt and how they affect your overall financial situation.| SoFi
Line item budgeting is typically used for small businesses but could have applications in personal finance too.| SoFi
Ready to take control of your money? Learn 10 habits that can help you earn, save, and spend smarter so you can reach your financial goals.| SoFi
Here are tips and tricks for better money management for those that think they’re bad with money.| SoFi
