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By Lisa Moran. August 28, 2026 · 10 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. Table of Contents FAQ Staying on top of student loan payments is an important part of your overall financial health. If you’re concerned about making payments on time or if you’re reevaluating your budget, you may be wondering how to lower student loan payments.

By Dan Miller. January 21, 2025 · 7 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. As long as you make your payments on time, having a mortgage can build your credit score. You may see a slight negative impact to your credit when you first apply for a mortgage, since the lender will likely do a hard pull on your credit report.

By Dana Webb. August 27, 2026 · 9 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. When you’re new to the home loan process, it’s easy to get tangled up in terminology. One of the abbreviations you’ll run across when looking at financing options is “HELOC,” which stands for home equity line of credit.

Table of Contents FAQ The best small business financial software can help you keep track of all the money coming in and going out of your business as well as automate certain processes that not so long ago would use up a lot of a business owner’s time and energy. If you’re thinking about investing in financial software for your business, read on. What follows is a closer look at how these programs work, their pros and cons, and how to pick the best software product for your small business.

By Austin Kilham. August 25, 2026 · 7 minute read This content may include information about products, features, and/or services that may only be available through SoFi's affiliates and is intended to be educational in nature. Table of Contents FAQ When you rent your home, renters insurance can help protect you financially if your belongings are damaged, stolen, or destroyed in your rental unit. Additionally, it can provide liability coverage if someone else is injured in your home.

Table of Contents FAQ Disposable income is the money you have left from your earnings after taxes and other mandatory deductions are taken out. In simple terms, it’s the income you have at your disposal to spend or save. Understanding your disposable income can help you create a realistic budget and make decisions about spending and saving. Economists also track disposable income to gain insight into consumer spending and saving patterns and health of the broader economy.

By Sarah Li Cain. August 25, 2026 · 11 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. The average credit score by age 60 is currently 709, which falls in the good range. Your credit score is an important indicator of how well you use credit, and it can help you reach financial goals such as securing a home loan at favorable rates.

By Rebecca Safier. August 24, 2026 · 8 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. The average credit score in the U.S. is 714, according to FICO®. Among 40-year-olds, the average score is slightly lower at 690. Both scores fall into the good range and are looked upon favorably by lenders.

By Jason Steele. August 24, 2026 · 6 minute read This content may include information about products, features, and/or services that may only be available through SoFi's affiliates and is intended to be educational in nature. Table of Contents FAQ If you’ve got home and/or auto insurance, you may be wondering whether it’s enough to cover you. In some cases, your policy limits might not be sufficient to take care of all your potential needs.

By Marcy Lovitch. August 24, 2026 · 11 minute read This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. Table of Contents FAQ Being the first one in your family to go to college is a big deal and an accomplishment to celebrate. But navigating the process of applying for college and figuring out how to pay for it can be more challenging for a student whose parents didn’t attend college.