SoFi Personal Loan

Check out the main loan information and find out why this loan might be a good option for you!

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SoFi personal loans have all the standard features of a super lender. Loans offered by SoFi are useful for many purposes, in this way, it is possible to apply for a loan as much to consolidate debt as to fulfill a dream.

SoFi offers many benefits and perks, that is, no origination fees and no prepayment penalties, friendly terms, unique loan terms, and much more.

Also, the lender allows borrowers with good/excellent credit history to take out a loan, so the minimum credit score requirement is 680.

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Main benefits

  • Flexible repayment terms;
  • Multiple discounts;
  • Unemployment protection;
  • Offers mobile app to manage loan;
  • 25 percentage point rate discount for setting up autopay;
  • Low rates.

More about the loan:

  • Loan amounts: $5,000 to $100,000.
  • APR range:99%–23.43%.
  • Minimum credit score:
  • Loan terms: 24 to 84 months.
  • Fees: No origination fee, prepayment fee, or late fee.
  • Pros
  • Funding in as little as two days;
  • No fees;
  • High loan amounts and lengthy terms.
  • Cons
  • High minimum loan amount
  • No secured or joint loan option
  • Co-signers are not permitted.

What can SoFi Personal Loans be used for?

The personal loan can be used for several purposes, here are some of them:

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  • Fund wedding;
  • Home improvements;
  • Medical expenses;
  • Debt consolidation;
  • Funeral expenses;
  • Emergency expenses;
  • Lange purchases.

Are SoFi Personal Loans good for you?

If you are looking for a long-term loan that releases high amounts, SoFi Personal loans may be a good option for you, as the company offers several benefits.

In addition to offering high-quality and totally safe financial services. Below, check out the pros and cons of applying for SoFi Personal loans.

Is it worth keeping it?

Yes, it is. If you have a good or excellent credit score, and you are looking for a loan to pay off some debts or for unexpected expenses, it is worth applying for SoFi Personal loans, as it offers a great payment term and exclusive advantages.

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