Mar
21
2024
Finding a Job Is a Full-Time Job: Here’s How to Avoid Burnout
Looking for a job can be a stressful experience. Here’s how you can stay on top of it without getting burned out.
Read more
SoFi Blog
Tips and news—
for your financial moves.
Mar
18
2024
Boomers Could Pass Down $90 Trillion to Millennials
Over the next two decades, older generations are expected to hand down roughly $90 trillion in assets to millennials.
Read moreMar
17
2024
Mar
14
2024
Financial Insights
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Track your money
like a champion.
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Easy to use dashboard
Connect and view your accounts in one place.
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Budgeting made simple
Create budgets and review spending habits.
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Free credit score
Monitor your score and get updates when it changes.
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Safe and secure
Rest easy with multifactor authentication.
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Knowing your credit score is the
first step to financial wellness.
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Keeping score
Get weekly updates, understand the factors that drive your credit score, and get rewards points* every time it goes up five points or more.
You’re covered
With multi-factor authentication, you can rest assured that your personal data is safe and secure.
Check it anytime
We only do a “soft” pull on your credit, so it won’t hurt your score or your wallet—plus it’s free.†
Powered by TransUnion®
Get your VantageScore® 3.0 credit score, a model developed by all three national credit reporting companies.
Get started
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Don’t take our word for it. See what members have to say.
I love using SoFi to see an up to date snapshot on my full financial picture. Being able to pull in all my accounts, review equity in my home, and monitor my credit score gives me a true one stop shop to “get my money right.” Having up to date info all pulled together let’s me save time and feel confident that I know my full financial picture.
—Brad S.
Actual SoFi Ambassador.
SoFi has been the best tool to save me time, money and helps me accomplish my future financial goals and the best of all it’s all in one app. The setup is simple and you never have to go through several logins to see all your information on one screen.
—Anja C.
Actual SoFi Ambassador.
The best part about using SoFi is the ability to see your financials broken down by cash, investments, credit cards, loans and property. IT helps me have a better understanding of where all of my money lives and how it increases or decreases my net worth over time. SoFi has helped me become more confident with my financials and help me start to better prepare for retirement. This is a tool that everyone should take advantage of.
—Betty T.
Actual SoFi Ambassador.
SoFi has been incredibly helpful in having a clear, consolidated picture of my finances. A regularly updated credit score encourages me to constantly improve it, while seeing my investments gives me confidence for future goals and retirement. SoFi also keeps me honest when spending money and guides me towards better habits.
—Ethan T.
Actual SoFi Ambassador.
The best part about SoFi is the ability to see all my accounts, investment, credit, and more all in one place. SoFi offers me a one-stop-shop to view my net worth on all one platform. My spending and investing habits have improved thanks to the ability to see upcoming recurring expenses, monthly savings, and spending categories. Credit score monitoring also provided me with reminders that I was doing the right thing with my credit habits. All in all, I feel more confident than ever to lead my wallet into the world safely.
—Austin W.
Actual SoFi Ambassador.
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FAQs
SoFi leverages the TransUnion VantageScore 3.0 model which includes several key components:
- Payment History – comprised of whether you regularly pay your bills on time.
- Credit Age and Type – average age of your credit accounts and mix of various types such as revolving debt and installment debt. An example of revolving debt is a credit card and an example of installment debt is a student loan.
- Credit Utilization – the percentage of your credit limit you currently have outstanding.
- Balances – balances on your credit accounts including current balances as well as delinquent accounts.
- Inquiries – recent inquiries or applications for new credit.
- Available Credit – amount of available credit that is unused.
Checking your own credit report is considered a soft inquiry, which does not impact your credit score.
Your credit score is used by lenders, among others, as they review your applications for credit and determine your creditworthiness which might influence if they are willing to extend credit and at what terms. It might also be used by landlords, utility providers, and prospective employers.
See more FAQs
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Learn more about budgeting.
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Mar
10
2024
Discounts Airlines Are in For a Bumpy Ride
Major airlines and budget carriers are battling it out, which means travelers may ultimately come out on top.
Read more
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