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Why SoFi Personal Loans?

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Checking won’t affect your credit score.^†

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Our members have paid off more than $26B
in high-interest debt.

The savings and experiences of members herein may not be representative of the experiences of all members.
Savings are not guaranteed and will vary based on your unique situation and other factors.

²Fixed rates from 8.74% APR to 35.49% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 12/19/25 and are subject to change without notice. The average of SoFi Personal Loans funded in 2022 was around $30K. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0%-7%, which will be deducted from any loan proceeds you receive.

PERSONAL LOAN INTEREST RATES AND FEES | ELIGIBILITY AND IMPORTANT DETAILS. Annual percentage rates (APRs) shown include the 0.25% autopay discount. If approved for a loan, the rates and terms offered will depend on things like creditworthiness, the length of the loan, and other factors, and will fall within the range of rates available by applicable loan term; check out our full APR examples and terms. Remember, not all applicants will qualify for the lowest rate. Want to learn more? See our eligibility criteria at SoFi.com/eligibility-criteria. SoFi reserves the right to change interest rates at any time without notice, changes would only apply to applications begun after the effective date of the change. Fixed Rates: Fixed rates range from 8.74% APR to 35.49% APR (with autopay). The SoFi 0.25% autopay interest rate reduction requires you to agree to make your scheduled monthly payments by an automatic monthly deduction (ACH) from a savings or checking account. Enrolling in autopay is not required to receive a loan from SoFi. Loan Terms: SoFi Personal Loans offer loans with a period of repayment between 2 and 7-year terms. Loan Fees: SoFi personal loans have no fees required; specifically, no origination fees required, no late fees, no prepayment penalties.

PERSONAL LOAN | REPAYMENT EXAMPLE. The following example depicts the APR, monthly payment and total payments during the life of a $30,000 personal loan with a 2-year repayment term, a 0.25% autopay discount, and a fixed rate between 8.74% APR to 35.49% APR. It works out to 24 monthly payments ranging from $1,356.68–$1,529.07 for a total amount of payments ranging from $32,560.37–$36,697.76. This repayment example assumes that the borrower is signed up for autopay and that all payments are made on time, with no pre-payments. Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. SoFi does not offer variable rate personal loans. State restrictions may apply.

Donating to a good cause can be one of the most rewarding and humbling experiences when it comes to personal finances. But, how do you know your money is actually going to help? While the goal of charitable giving is to do good, choosing a charity can be daunting.

As is always the case when money is involved, you want to apply some strategic thinking, in this case, to ensure that your donation is going to a cause and organization that feel right for you.

There are so many worthy charities in need of funding that chwoosing just one can be a difficult task. We’ve compiled some tips to make the charity evaluation process a little easier and help you feel confident about your decision. And don’t forget to talk to a tax professional about how to deduct charitable contributions.

If you’re a woman who would rather do almost anything than ask for a raise at work, know that you are far from alone. In a survey* of SoFi members, women responded that they are twice as likely than men to stay at their job indefinitely, rather than have an uncomfortable money conversation with their boss.

This is a big problem, since not negotiating can cost you dearly over the course of your career, both in terms of earning potential and self esteem.

As a negotiation and career coach, I’ve worked with many women—and men—who found asking for more to be an overwhelming task. Many women in particular have shared with me that they suspected they were underpaid but didn’t know how to confirm, and even if they did, how would they convey this to their manager?

Since we know this is a hot topic for our members, we’ve partnered with Mika Brzezinski, co-host of MSNBC’s Morning Joe and author of Know Your Value, for a fireside chat to ask her to share her best salary negotiation tips for women.

Maintaining a budget is hard at any time of year, but when the winter holiday season is on the horizon, and the time has come for gifts to be purchased, decorations to be pulled out and updated, and parties to be thrown and attended, budgeting can easily and quickly fall by the wayside.

While it’s no big deal to swap a restaurant meal for a home-cooked dinner during the year, it can feel like your best laid plans go to waste once Thanksgiving hits. Between holiday celebrations, extra treats for coworkers, travel plans, and more, it’s easy to see how, for Americans, the average Christmas debt is around $1,054.

The scariest part? While more than half of the respondents to a MagnifyMoney survey said they would pay down the debt in three months or less, around 30% said they would need five months or more to pay off the holiday debt on their credit card.

In order to avoid being part of that statistic—and avoid interest rates that could haunt you well into 2019—here are some budgeting tips as well as tips for how to manage credit card debt.