Compare Discover vs. SoFi Debt Consolidation Loans

What’s the difference between Discover and SoFi? See how our editors compare the two companies below.
Disclosure: We receive advertising revenue from some partners. Learn more.
Discover
9.6 / 10 - Excellent
#1 in Debt Consolidation Loans
SoFi
9.6 / 10 - Excellent
#2 in Debt Consolidation Loans
vs

Key Facts

  • Lock in lower fixed rate
  • Make only one payment per month
  • Systematically erase up to $35,000 of your higher interest debt
  • Rates ranging from 6.99% to 24.99% APR
  • Payment plans from 36 to 84 months
  • Debt consolidation calculator
  • Fixed rates from 5.70% - 14.24% APR (with AutoPay)
  • No origination fees or pre-payment penalties
  • Borrow from $5,000 up to $100,000 at fixed rates
  • Sign documents electronically and receive funds directly to your account
  • Simple online application and quick pre-approvals
  • Personal loan calculator

ConsumersAdvocate.org Ratings

9.6 / 10 - Excellent
9/10
Company Profile
10/10
Loan Basics
9/10
Additional Fees
10/10
Qualification
9/10
Application
10/10
Services and Features
10/10
Customer Support
9.6 / 10 - Excellent
9/10
Company Profile
10/10
Loan Basics
9/10
Additional Fees
10/10
Qualification
10/10
Application
9/10
Services and Features
10/10
Customer Support

Customer Reviews

 (2)
10.0 / 10 - Excellent
100%
5 stars
0%
4 stars
0%
3 stars
0%
2 stars
0%
1 stars

Final Verdict

Discover and SoFi are very close in quality and have the same overall rating. That said, Discover scores better than SoFi across: Qualification, and Services and Features. Whereas, SoFi scores better on Application. Both companies score similarly on Company Profile, Loan Basics, Additional Fees, and Customer Support.


Latest Reviews

J
jimmy
Atlanta, Georgia

8/7/2017
Discover review
need help with discoer


M
mariodeleon3@hotmail.com
Brownsville, Texas

6/6/2017
Discover review
consolidate present current debt and payoff charge offs