- Get personalized pre-qualified rates from multiple lenders.
- 2 Minute Process
- Loans from $600 - $200,000
- Rates from 7.49% - 35.99% APR
- Loan terms of 1 - 7 years.
- Rated A+ by the BBB
- Home
- Personal Loans
- SoFi Review
SoFi Personal Loans Review
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How is SoFi rated?
Breakdown
Overall Rating: 4.2 / 5 (Excellent)
SoFi Loan Specifics
Loan Specifics - 4 / 5
Loan Uses
Debt/Credit Card Consolidation | |
Buy Home | |
Major Purchase | |
Home Improvement | |
Medical Expenses | |
Wedding | |
Moving/Relocation | |
Vacation | |
Start Business | |
Education | |
Taxes |
Loan Minimum | $5,000 |
Loan Maximum | $100,000 |
Term Length | 2 - 7 years |
Direct Deposit | Yes |
Pay Creditors Directly | No |
Disbursement Time | A few days |
Credit Insurance | No |
Unemployment Protection | Yes |
Representative Loan Sample
All rates, member figures, estimates, terms, state availability, and loan samples are current at the time this article was written. All of the above may update in the future. For the most up-to-date information, visit SoFi.com.
SoFi Qualification
Qualifications & Flexibility - 4 / 5
Minimum FICO Score | 680 |
Personal Income Considered | Yes |
Verify Bank Account | Yes |
U.S. Citizen | Yes |
SoFi Cost of Loan
Costs, Interest Rates, Discounts & Fees - 4.8 / 5
APR Range | Fixed: 8.99% -29.99% APR (with all discounts) |
Origination Fee | No Fees Required |
Missed Payment Penalty | No |
SoFi Reputation
Customer Service and Reputation - 5 / 5
Type of Institution | Other Financial Institution |
Year Founded | 2011 |
BBB Rating | A+ |
Number of BBB Positive Reviews | 26 |
Number of BBB Negative Reviews | 83 |
Trust Pilot Rating | 9.2 out of 5 |
Consumer Financial Protection Board (CFPB) Complaints | 21 |
Date Collected | 2020-05-14 |
Disclaimer
Headquarters Address | 234 First Street, San Francisco, CA, 94105 |
Homepage URL |
Our Comments Policy | How to Write an Effective Comment
52 Customer Comments & Reviews
- Get personalized pre-qualified rates from multiple lenders.
- 2 Minute Process
- Loans from $600 - $200,000
- Rates from 7.49% - 35.99% APR
- Loan terms of 1 - 7 years.
- Rated A+ by the BBB