SoFi Blog

Tips and news—
for your financial moves.

Paid Search-P2P Personal Loans

Take a vacation from high interest rates with a peer-to-peer loan.

Unsecured Personal Loan fixed rates start at 8.74% APR (with AutoPay)5.

Find My Peer-to-Peer Loan Rate

Checking your rate will not affect your credit score.

Pay Off Your Credit Card or Invest in What Matters.

Are you paying more than 9% interest on your credit cards? A SoFi Personal Loan could help you save thousands. With a low fixed rate and monthly payment, you can pay off high interest debt, like credit cards, or make a major purchase. It only takes minutes to apply.

Why SoFi?

Serious
Savings

Borrow from $5k-$100k at fixed rates that range from 8.74% APR to 35.49% APR (with all discounts)5, 7

No Fees.
No Catch.

No origination fees or pre-payment penalties. What you see is what you get.

Exclusive
Rates

Get a 0.125% rate discount✝︎✝︎ on an additional SoFi loan—just for being a member.

Find My Rate

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

Find My Rate

Read more

AMS Financial

Invest in a major purchase
without the hassle.

Personal Loans at fixed rates starting at 8.74% APR (with AutoPay)5.

Find My Rate

Checking your rate will not affect your credit score.

AMS Financial logo

AMS FINANCIAL CLIENTS – MAKE THE UPGRADES YOU’VE ALWAYS WANTED

With low rates and a fixed monthly payment, you can pay off high interest debt, like credit cards, or make a major purchase. Whether remodeling the kitchen, making large repairs, or building that addition you’ve always wanted, SoFi can help you pay for improvements to make your home sweet home. It only takes minutes to apply.

Why SoFi?

Serious
Savings

Borrow from $5k-$100k at fixed rates that range from 8.74% APR to 35.49% APR (with all discounts)5, 7

No Fees.
No Catch.

No origination fees or pre-payment penalties. What you see is what you get.

Exclusive
Rates

Get a 0.125% rate discount✝︎✝︎ on an additional SoFi loan—just for being a member.

Find My Rate

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

Find My Rate

Read more

I’ve been denied for Unemployment Protection / forbearance. Why?

If you have a Student Loan; to be eligible for this assistance you must:

• Be a current SoFi member

• Have an eligible loan for at least 9 months

• Loan balance of $3,000 or greater

• For more detail on your denial reason, please contact MOHELA directly by calling 877-292-7470.

If you have a personal loan, to be eligible for Unemployment Protection Assistance you must:

• Be a current SoFi member

• Have an eligible loan for at least 9 months that is in good standing

• Loan balance of $3,000 or greater

• You can not be self employed

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How will my loan payments be affected after Unemployment Protection ends?

Each hardship program period lasts for up to three months. You can re-apply to extend this in three-month increments, up to 12 months in aggregate short-term assistance over the life of the loan. Be aware that you may be subject to a cool-off period.

During an approved hardship program period, interest may continue to accrue. Unpaid interest may be capitalized (added) to your principal balance at the end of each three-month forbearance period.

Payments are required for both personal and student loan programs.

For both personal and student loans, the life of the loan will be extended by the length of the program and any unpaid interest may be capitalized and re-amortized over the remaining loan term to the extent permitted by applicable law.

Unpaid interest will increase the principal balance, and will increase the monthly payment.

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