SoFi Blog

Tips and news—
for your financial moves.

SoFi is So Ready for 2019

Earlier today, we invited a small group of reporters to chat with our CEO Anthony Noto about what we accomplished in 2018 and what we have in store for 2019. We thought you might be interested to hear what he had to say, too!

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We’ve Made Some Adjustments to Your Portfolio—Here’s What You Need to Know

SoFi’s investment portfolios are built for the long-term. Founded on well-worn investment philosophies—diversified investments to help reduce risk, low-fee, tax-efficient funds to reduce unnecessary costs and more—we strive to ensure that our members are in the portfolio that closely aligns with their goals.

While we don’t try to time the market, we do believe that it’s important to monitor global events and understand how those events can affect your portfolio. Most of the time, these events are simply unavoidable speed-bumps on the investing highway and don’t require any adjustments to the portfolios.

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Our New Partnership with Home Improvement Platform Kukun

Today, we’re excited to announce that we’ve partnered with home improvement platform Kukun (pronounced “cocoon”) to offer the homeowners amongst you advanced new tools to help you gain a greater understanding of how much your home improvement project could cost and how it can affect the resale value of your home.

With Kukun and SoFi’s Home Improvement Cost Calculator, you can estimate the cost of over 28 project types, ranging in price from $10,000 up to $300,000, including renovations and expansions so you can accurately estimate your house renovation costs or remodeling costs.

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How to Protect Your Credit and Online Data From Fraud—A Year After The Equifax Breach

A great way to commemorate the one-year anniversary of the infamous Equifax breach (September 7, 2017) is to take steps to protect yourself to keep your information secure.

First, the backstory: Equifax, a financial information company based in Atlanta, reported a cybersecurity incident that potentially affected 143 million U.S. consumers. Between May and June 2017 , criminals gained access to certain Equifax files through application vulnerability on a U.S. website.

The information exposed included social security numbers, birth dates, addresses, and drivers’ licenses. Approximately 209,000 credit card accounts for approximately 182,000 U.S. consumers were also compromised. These accounts include dispute documents and personal identifying information. Even a year later, the cleanup continues .

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