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Personal Loan Terms

Fixed 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 12/20/25 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%-6%, 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.

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This fuse is getting short—view your rate soon.

It’s quick and it doesn’t affect your credit score.†

The tech giant that got its start with Facebook has seen its valuation plummet on declining advertising revenue, its lifeblood.

With stimulus payments in the rear-view mirror and inflation rising, retail may see more companies filing for bankruptcy like Revlon.

One is the Loneliest Number

Energy is the only sector in the S&P 500 that’s positive over 3-month, 6-month, and year-to-date periods. If we take that window back one year, the only other sectors with positive returns are Utilities, Consumer Staples, and Health Care — the classically “defensive” portions of the index. And even still, Energy has outperformed all three of those sectors by more than 43 percentage points. Yowza.

In this bear market, Energy truly is the last man standing. Perhaps rightfully so given the supply/demand relationship that drives prices and the chain of events that has affected both sides of that equation. But it begs the question: will Energy meet its “mean reversion” fate too?

Another One Bites the Dust

It’s already on its way. The Energy sector has fallen almost 20% since its most recent high on June 8th, with WTI Crude Oil prices down 16% and Natural Gas down 22% over the same period. That puts Energy very near bear market territory and Natural Gas squarely in one. And that all happened over the last 14 calendar days!

The tricky part about this is that Energy stocks don’t necessarily follow Energy prices. And even with the recent fall, oil prices are still ~60% higher than they were pre-pandemic, which has given a boost to Energy companies who make a profit off of rising prices. In fact, Energy may be one of the only sectors still set to raise earnings guidance for the rest of the year given the persistently high demand and elevated price of oil.

Hence the popular call to buy or hold energy stocks. Despite the S&P 500 market cap now being back to where it was one year ago, the market cap of the Energy sector has more than doubled.

Juice Ain’t Worth the Squeeze

But this isn’t a popularity contest and I wasn’t prom queen. Trends and momentum work until they don’t, and in the case of energy prices, inflection points can look like blunt force trauma on a chart. Given the current global slowdown, increasing fear of recession with demand destruction, and the possibility of a surprise de-escalation in Russia/Ukraine, I don’t see this as a good time to rely on high oil prices as a buy signal. I see it as a good time to take profits.

The devil’s advocate argument is one I already made — that energy stock prices don’t necessarily follow energy commodity prices — but they’re related enough for me to feel like the chance of disappointment over the next 12 months is higher than the chance of positive surprises. The one caveat I would make is that if you are an investor looking for dividend income, energy stocks may be attractive. If price appreciation is your objective, it’s more important to lessen the blow of sharp drawdowns than it is to participate in the extra few percentage points of upside.

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Adviser
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
Communication of SoFi Wealth LLC an SEC Registered Investment Adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Liz Young Thomas is a Registered Representative of SoFi Securities and Investment Advisor Representative of SoFi Wealth. Her ADV 2B is available at www.sofi.com/legal/adv.
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