SoFi Blog

Tips and news—
for your financial moves.

#SoFiStartups: Building a Credit Card Company From Scratch

Andrew Dietrich refinanced his student loans with us. Then he went through our Entrepreneur Program to help start Final. Within two days of launching their site last year, Final had 20,000 signups. Read on to hear how the idea came about, the challenges the founders have faced, and why it’s important to take advice with a grain of salt.

Read more

Why Your Employee Financial Wellness Program Needs a Student Loan Benefit

Move over, workplace yoga—the latest employee benefit du jour is financial wellness.

With Americans under extreme financial stress, a growing number of employers are adopting corporate financial wellness programs to combat the resulting absenteeism and loss of productivity. According to NPR, about half of US employers now offer these programs.

Read more

Paying Down Debt While Paying it Forward

Conferences are typically filled to the brim with free stuff: fliers and posters and brochures that may or may not make it past the recycling bin on the way out. So earlier this month when we sponsored the Near Future Summit (a conference dedicated to world positive solutions), we thought, why not try something more meaningful?

We featured three SoFi members who are on a mission to change the world. Our intent: to donate $20,000 that would help them pay off their loans. In order to choose the winner, we had conference attendees vote for their favorite stories. Now, the results are in.

Read more
International Earth Day sustainable company

Building a Sustainable Business in Kenya

In celebration of International Earth Day, we spoke with SoFi member Patricia Griffin about how saving on her student loan debt allowed her to take the leap in starting her own sustainable business in Nairobi, Kenya. Read on to hear what she had to say about the importance of bringing nutrition, employment, and lasting improvements to poor communities throughout East Africa.

Read more

How to Pay Off Student Loans Fast

It’s time once again to celebrate St. Patrick’s Day, which means a lot of people have luck on the brain. Well, luck and green beer.

But if you’re one of the 37 million Americans making a student loan payment this month, you know it’s going to take more than a few four-leaf clovers to get out of debt any time soon. Wondering how to pay off student loans fast without having to win the lottery? Make your own student loan luck with one of these student loan repayment options.

Read more
TLS 1.2 Encrypted
Equal Housing Lender