Deferments, Forbearance, Reduced Repayment Options, Loan Modification

What if I’m having trouble making payments on my SoFi loan? If you’re facing financial troubles, a natural disaster, or other hardships, you may qualify to lower your monthly payments on your SoFi loan.

Call us today if you’re facing a hardship:

  • We’ll ask about your financial situation, how long you’ll likely need help, and your ability to make monthly payments.

  • We’ll talk through any program eligibility and enrollment options available to help: (855) 456-SOFI (7634)

Important Information: Hardship options may be approved at the discretion of SoFi. An approval or denial notification will be provided by SoFi. For approved hardship programs, unpaid accrued interest may be capitalized.

If you were living in the states of Michigan, Minnesota, Missouri and Washington at the time the loan was originated will not have interest capitalized. SoFi members utilizing the following repayment options will not have interest capitalized at the end of the

deferred period:

  • Military Deferment

  • Disaster Deferral Forbearance

  • Return-to-School Deferment

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