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
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that 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
Apply for the Southwest Rapid Rewards® Premier Credit Card
Apply for Southwest Rapid Rewards® Premier Credit Card today and enjoy exclusive benefits! Earn 30k bonus points and more!
Keep ReadingNetCredit Personal Loan review: how does it work and is it good?
Is a loan for bad credit for anyone? That's what we'll discuss in this NetCredit Personal Loan review. Enjoy free financial education!
Keep ReadingApply for First Citizens Bank Cash Rewards Card: Earn back
Earn 1.5% on every swipe! Learn how to apply for the First Citizens Bank Cash Rewards Credit Card now and secure cash back on all purchases!
Keep ReadingYou may also like
Capital One Venture X Rewards Credit Card application: how does it work?
Do you need a travel rewards card with flexibility and miles? Read on and learn to apply for the Capital One Venture X Rewards Credit Card.
Keep ReadingApply for MoneyLion Loans: Easy Credit Builder
Stuck in credit limbo? Keep reading to learn how to apply for MoneyLion Loans to the rescue! NO hard inquiry!
Keep ReadingDelta SkyMiles® Reserve Business American Express Card application
Wondering if you're eligible for the Delta SkyMiles® Reserve Business American Express Card? Keep reading to know how!
Keep Reading