SoFi Blog

Tips and news—
for your financial moves.

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Super-Charging Your Garage for Cars, DIY, or Even Entertainment

If you have a passion for pimping your ride—whether that’s a car, truck, motorcycle, ATV or boat—then you already know how having a super-charged garage to work on, store or display your amazing vehicles would be ideal. Or, maybe it’s your dream to have a professional-level DIY workshop or garage for like-minded friends to enjoy.

Maybe the place where you park just needs a basic remodel or maybe you need to do more significant upgrading. Or, maybe your already-cool garage needs a brand-new look. Whatever your situation, possibilities are endless, doable by a creative person like you.

From shelving to flooring to lifts and more, creating a garage space that’s exactly right for your unique vision takes planning, and this post will take you from garage room ideas to finished product. Ideas to consider include how you’ll heat your garage, whether air conditioning makes sense, your water needs, preferences for garage lighting and more.

Discover what aspect of your garage remodel can provide close to a 100% return on investment, tips for working with professional remodelers, and ways to finance your project.

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Home Improvement Loans – Block

Finance your Block renovation
with SoFi and earn a $200 bonus*
when your loan is disbursed.

Fund Your Project

Checking your rate will
not affect your credit score.

Borrow up to $100K, with no fees, to tackle your wish list with a home improvement
loan. Rates range from 7.74% APR to 35.49% APR (with AutoPay)5.

Why SoFi?

Easy Experience

No need to wait weeks for an appraisal. Get pre-qualified and receive your funds fast so you can get started right away.

No Fees

Unlike some home equity loans, there are no origination fees, no closing costs, and no costly home appraisals.

No Collateral

Without equity, it’s hard to get a HELOC on a new home. With SoFi, your home is not on the line.

Flexible Amounts

Borrow what you need—as little as $5,000 or as much as $100,000.

Fund Your Project

So Easy

Find Your Rate

Get pre-qualified online with no hidden fees and no obligation.

Select Your Loan & Apply

Choose the loan that works for you and complete your application.

Sign electronically and receive your funds

Sign your documents and funds are deposited to your account.


Get Started

Compare Rates and Terms

The following examples depict the APR, monthly payment and total payments during the life of a $30,000 personal loan. All personal loan APR rates below are shown with the Autopay Discount (0.25%)5. Your actual interest rate may be different than the rates in these examples and will be based on term of loan, your financial history and other factors. State restrictions may apply.

Payment Examples

Fixed Rate Loans

Term Origination
Fee
Rate
(APR)
No. of
Payments
Monthly
Payment
Total
Payments
2 Years None 7.74% – 35.49% 24 $1,353.26 – $1,763.32 $32,478.34 – $42,319.74
3 Years None 7.74% – 35.49% 36 $936.50 – $1,365.41 $33,713.89 – $49,154.90
4 Years None 8.23% – 35.49% 48 $735.63 – $1,178.04 $35,310.28 – $56,545.80
5 Years None 9.50% – 35.49% 60 $630.06 – $1,074.14 $37,803.35 – $64,448.26
6 Years None 10.56% – 35.49% 72 $564.28 – $1,011.27 $40,628.47 – $72,811.45
7 Years None 11.90% – 35.49% 84 $527.98 – $971.20 $44,350.23 – $81,581.10

< Back to Personal Loans

Questions? Call us for a free consultation at 855-456-7634

Fund Your Project

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Top 5 School Hacks for Keeping Your Campus Sanity

As a college student, the period of time between the start of the school year and the end of the semester can often be challenging. Between classes, studying, extracurricular activities, work-study, and social activities the pressure can be overwhelming.

They say that you can either have good grades and a social life, or good grades and sleep—but we think it’s possible to have all three. If you’ve ever been left wondering “how to get through college,” we’re here to help. These tips and college life hacks will help set you up for success, so you can learn, enjoy all that campus life has to offer, and get some sleep.

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woman writing in notebook with coffee

5 Tips to Help Set Your Investment Goals

Making sure you’re financially secure in every stage of life is one of the most valuable things you can do for yourself. But to do it well, it’s important to plan around how you’ll spend, save, and invest your money.

Keep your plan flexible, because things change all the time. And also think ahead a bit as you put your plan together, because time flies. (Just ask your parents.)

Most of us have the spending and saving parts pretty much figured out by the time we reach adulthood. It’s understanding how to invest our money that’s downright daunting. It’s easy to keep putting it off, but the sooner you jump in—even if it’s a small amount each month—the better.

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