Reviews
SoFi Personal Loans review: how does it work and is it good?
Are you looking for a SoFi Personal Loan review? We'll explain everything you need to know, including the interest rates and fees. Read on!
Advertisement
SoFi Personal Loans: Hassle-free loans!
The SoFi Personal Loans review will show why this is one of the most popular options among customers in the U.S.A. They offer tailored loans to your needs!
How to apply for SoFi Personal Loans
Follow the step-by-step to apply for a SoFi Personal Loan online and quickly. Keep reading to learn more about the process!
In this article, we will review how SoFi personal loans work and whether or not they are a good option for borrowers.
- APR: It has a variable APR of 7.99%-23.43%;
- Loan Purpose: Credit Card Consolidation, Home Improvements, Family Planning, Wedding Planning;
- Loan Amounts: From $5k to $100K;
- Credit Needed: 680 or higher;
- Origination Fee: No origination fees;
- Late Fee: No late payment fees;
- Early Payoff Penalty: No early payoff penalty.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Advertisement
What is the SoFi Personal Loan?
So-Fi Personal Loans is from So-Fi, an online platform for loans of different types.
This personal loan outstands because it comes with no fees and offers higher amounts, ranging from $5,000 to an incredible $100,000.
Plus, So-Fi offers repayment terms ranging from two to seven years, a very flexible option to make installments fit the customer’s pocket.
In addition, borrowers can qualify for discounts that can lower interest costs.
If you set autopay, you might get 0.25% off in points, for example. Still, So-Fi offers co-signed loan options for those who need it.
Another perk of the So-Fi Personal Loan is that borrowers can access extra help with financial decisions.
The process is online, and the cash is deposited as soon as the deal is closed. You can get unemployment protection if you lose your job and still have payments left.
In that case, modify the dates temporarily until we find a source of income again.
Is the SoFi Personal Loan good?
SoFi Personal Loan is good for people who want to make an online application, have a good credit score, and are in the market for a loan with fewer fees.
Review the advantages and disadvantages that come with it.
Advertisement
Pros
- There are no fees;
- It offers unemployment protection;
- You can manage your loan in the app;
- There are co-sign options;
- It’s online and hassle-free.
Cons
- High minimum loan amount.
Advertisement
Does the SoFi Personal Loan check credit scores?
SoFi Personal Loan requires a minimum credit score of 680 to apply for this service. So, if you are willing to get a personal loan with them, you’d better check your score first.
Want to get the SoFi Personal Loans? We will help you!
The SoFi Personal Loans review has shown you why this is one of the best options out there. Check out how to apply for a SoFi Personal Loan below.
How to apply for SoFi Personal Loans
Follow the step-by-step to apply for a SoFi Personal Loan online and quickly. Keep reading to learn more about the process!
Trending Topics
Juno Checking Account application: how does it work?
Don't miss out on high-interest rates and 5% cashback! Learn how to apply for the Juno Checking account now. Stay tuned!
Keep ReadingNavy Federal nRewards® Secured Card Review: Boost Your Credit
See the Navy Federal nRewards® Secured to build credit and earn rewards in our review. Here is all you need to know. Don't miss out!
Keep ReadingCostco Anywhere Visa® Card by Citi review: The rewards card for Costco members
Discover how Costco members can earn cash back on purchases with the Costco Anywhere Visa® Card by Citi review. Read on!
Keep ReadingYou may also like
What Is a Jumbo Loan? Demystifying High-Value Mortgages
What is a jumbo loan, and how can it help you secure your dream home? Get the facts here! Keep reading to learn more!
Keep ReadingBest investments for beginner investors: an easy guide on funds and more!
You can find the best investments for beginner investors here, on this content. Don't waste any more time and learn about this topic.
Keep ReadingWatch Soccer Online: 10 fantastic streaming services for fanatics
Find the best 10 online streaming options to watch soccer, delivering live matches and captivating highlights. Read on!
Keep Reading