SoFi Blog

Tips and news—
for your financial moves.

DP SoFi Plus

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SOFI PLUS PREMIUM MEMBERSHIP

The NEW SoFi Plus.
The smart way to get more from your money.

Packed with brand new benefits, like
the NEW SoFi Smart
Card, SoFi Plus
now unlocks 20+ perks and $1,000+ in
annual value
with qualifying activities.5
Plus up your
finances with our best
rates, rewards, investment matches,
and more. Subscribe now for just
$10/month.6

  • Earn high rewards with 5% cash back rewards at grocery stores.2
  • Earn high interest with up to 4.30% APY on savings.3
  • Grow your credit score with on-time payments.4
  • Exclusively available with SoFi Plus. Get $1,000+ in annual value with qualifying activities5 for only $10/month6 with SoFi Plus.


Get SoFi Plus


Get SoFi Plus

5$1,000 value: See assumptions and details below, value is not guaranteed and varies depending on benefits used. Terms apply.

NEW!
5% cash back rewards2

Get unlimited 5% cash back rewards at grocery stores with the NEW SoFi Smart Card.

4.30%
APY on savings3

Get 4.30% APY on SoFi Bank savings for up to six months with eligible direct deposit. Terms apply.

NEW!
Investment match

Get a 2% match on recurring IRA contributions7, plus a 1% match on recurring deposits8 made through SoFi Invest®.

Unlimited
financial planning

Schedule unlimited one-on-one sessions with experienced SoFi Wealth Financial Planners.9

Plus, more, more, more!


Get SoFi Plus

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Meet the NEW SoFi Smart Card.

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This game-changing charge card is secured by your SoFi Checking and Savings and has no hard credit pull to apply.

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  • Get unlimited 5% cash back rewards3 at grocery stores on everything from grapes to gravy.
  • Help avoid overspending because the limit on your Smart Card equals your SoFi Checking and Savings balance.
  • Grow your credit score8 with on-time payments. All with no revolving debt.

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All the rewards of the NEW Smart Card are included with your SoFi Plus subscription of just $10/month2.

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So many ways to unlock $1,0001 from SoFi Plus…

Example 1

Mix and match to add up $1,000.

$220 in interest + $600 in cash back rewards + $250 in value


Save $6,000 and earn $220 in interest with our highest APY on SoFi Bank savings.



Spend $2,300 on your SoFi Credit Card each month and earn $600 in cash back rewards.



Meet with a financial planner, a $250 value.

Example 2

Get unlimited access to financial planners


$250 value each time.



Schedule as many one-on-one sessions as you need.



4 sessions x $250 = $1,000.

Example 3

Buy a home. Unlock a $1,000 discount.


We’ll celebrate you closing a dream home with a dream discount.



Your $1,000 discount is also available on a mortgage refinance.



Must be a SoFi Plus member when approved.

Or find your own path! There are so many ways to save and earn with SoFi Plus, we can’t wait to see what you’ll do.


Get SoFi Plus

1$1,000 value: See assumptions and details below, value is not guaranteed and varies depending on benefits used. Terms apply.

The estimated value of a meeting with our financial planners is based on SoFi’s competitive assessment of similar offerings. See full terms below.

SoFi Plus members are eligible for a one-time discount on loans originated by SoFi Bank of $1,000 off the standard origination fee for home purchase or refinance mortgages. See full terms below.

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Get a 2% match on IRA contributions.7

Double your match with SoFi Plus. Get a 1% match on your IRA contributions, plus an extra 1% cash match8 on all your recurring SoFi Invest® deposits.


Schedule your deposits

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Grab up to $2,000 in stock10 with SoFi Invest®.

Combining SoFi Plus and SoFi Invest could help you make some genius money moves—starting with double the usual welcome bonus, exclusively for SoFi Plus members.

  • Subscribe to SoFi Plus.

  • Open and fund your active invest account with at least $50.

  • Claim up to $2,000 in stock in the SoFi app!
    You’ll receive up to $1,000 once you open and fund your active invest account, then your stock award will be doubled (up to $2,000) once we’ve confirmed your SoFi Plus membership status.


Get SoFi Plus

13Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $10. Probability of member receiving $2,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $2,000 are subject to decrease. See full terms and conditions.

No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this offer. Third party trademarks referenced herein are property of their respective owners.

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All the reasons you’re gonna love SoFi Plus.

More at the store

NEW! Unlimited 5% cash back rewards at grocery stores with the SoFi Smart Card.2

More savings

3.60% APY on SoFi Bank savings11

More advice

Unlimited access to financial planners9

SoFi Wealth

More for investors

NEW! 2% match on recurring IRA contributions7

1% match on recurring invest deposits, paid in cash8

SoFi Invest®

Preferred IPO access12

SoFi Securities

NEW! 40% off CNBC+13

More rewards

10% boost on cash back rewards earned through select SoFi Credit Cards14

NEW! 5% cash back rewards on all bookings (excluding air) on SoFi Travel15

2x rewards points on qualifying account activity16

More for borrowers

$1,000 home mortgage discount. Must be a SoFi Plus member when approved.17

NEW! $400 home equity loan discount17

NEW! Rate discount on new Parent student loans18

Rate discount on new personal loans19

Rate discount on student loan refinancing20

More discounts

50% discount on Hello Privacy21

$200 off trusts with Trust & Will22

NEW! 20% off and more with TurboTax23

NEW! Discounted Care.com subscription24

NEW! $50 Rakuten welcome bonus25

More fun

SoFi Plus Experiences26

NEW! 10% off tickets with Vivid Seats27

NEW! $20 reward on dining with Seated28

See below for specific offer terms

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Compare top SoFi Plus benefits.

These easy-to-earn benefits are just the start of the $1,000+ in annual value that SoFi Plus subscribers unlock with qualifying activities.5

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Live sports, music, and more: SoFi Plus Experiences.26

SoFi Plus members get exclusive chances to enjoy top, live entertainment with SoFi Plus Experiences.


Get SoFi Plus

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Subscribe to SoFi Plus now.

Unlock $1,000+ in annual value with qualifying activities5 for just $10/month.6


Get SoFi Plus

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DP SoFi Plus 1% Invest Match

Get a 1% match on
recurring invest deposits.
1

SoFi Plus members earn an unlimited 1% match on all recurring deposits to their SoFi Invest® account, paid in cash rewards.


Get SoFi Plus

1Read the full terms and limitations. Bonus calculated on monthly net recurring deposits via ACH. Benefit may be combined with SoFi Invest 1% match on IRA contributions.

What a 1% match on recurring deposits
could do for you.

Build healthy habits.

Investing regular, fixed amounts is a great way to build an investing discipline and stay on top of long-term goals. When you make recurring deposits to your investment account, we’ll reward you with a 1% match.

Earn an unlimited match.

There’s no cap on the 1% match—the sky’s the limit! Simply set your recurring deposit when you want and how you want for any SoFi Invest account.

Manage risk with automated investments.

Open an auto invest account through SoFi Wealth LLC and start trading at regular intervals. If you’re taking advantage of dollar-cost averaging, you could lower your average cost per share and reduce the impact of market volatility on your portfolio.

How to start earning a 1% match
with recurring deposits to SoFi Invest®.

  • Join SoFi Plus.

    Two ways to join: Pay just $10/month2 or set up direct deposit to a SoFi Checking and Savings account. Subscribe to SoFi Plus now.

  • Open a SoFi Invest® account.

    Open an active SoFi Invest account. through SoFi Securities LLC or an automated invest account with SoFi Wealth LLC.

  • Set up a recurring deposit to SoFi Invest.

    Now, as a SoFi Plus member, you’re eligible for a 1% match on recurring SoFi Invest deposits. Set up your deposit to start earning.
    NOTE: If you set up a recurring deposit to an active Invest account, you’ll need to place a trade to invest the cash.

    There are two ways to set up a recurring deposit. See our FAQs to learn more.

Unlock additional benefits with SoFi Plus.


Get SoFi Plus

Earn 3.60% APY3 on savings balances.

Receive double rewards points on qualifying activities4.

Get a 10% boost on SoFi Credit Card rewards—that’s up to 3.3% cash back rewards5.

3% cash back rewards on select hotels booked through SoFi Travel with any card6.


Get SoFi Plus

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FAQs


How do I set up a recurring deposit to my SoFi Invest® account?
There are two ways to set up a recurring deposit:

1. Set up a weekly, biweekly, or monthly ACH transfer into your SoFi Invest® account. You can do this by adding cash to your Invest account and changing the frequency from “one-time, today” to recurring on a weekly, bi-weekly, or monthly cadence.

2. If you have Autopilot through a SoFi Checking & Savings account from SoFi Bank, N.A, you can use it to set up a recurring deposit into your Automated Invest (SoFi Wealth, LLC ) account. Afterwards, click the “Set up Autopilot” button to start your recurring investment. Next, select the dollar amount or percentage you want to invest from each paycheck, and we’ll automatically transfer it into your new account.

Remember that deposits to your Active Invest (SoFi Securities, LLC) account aren’t automatically invested. You’ll need to make a trade for those funds to be invested in the market. However, deposits to your Automated Invest (SoFi Wealth, LLC) account will be traded automatically based on your pre-set investing strategy..




What accounts are eligible for a Recurring Deposit Match and how does it work?
You can earn a match on your recurring deposit into any SoFi Invest account type (automated or self-directed brokerage). This includes recurring contributions into your IRA up to the Internal Revenue Service (IRS) contribution limit. Just remember the bonus is calculated on each settled recurring deposit via automated clearing house (ACH) transfer or instant cash transfer. ACH transfer limits do apply.


How will I receive my 1% match?

The 1% match is paid out in cash into the same account receiving the scheduled recurring deposit. For a limited time, some members may receive their bonus in the form of SoFi Rewards points instead of cash. The rewards points are equal in value to the cash and can be redeemed for their cash value. You can learn more about how to redeem your rewards points here.

Enrolling is simple:

1. Log in to your SoFi account
2. Once you’re logged in, select the gem icon above your account details
3. Select “Join for free”

And that’s it!

Please note that the points will expire within 90 days of earning them if you don’t enroll in the SoFi Member Rewards Program. For more details, please see the SoFi Member Rewards terms.



When will I be paid my 1% match?
The match will be paid out within 5 business days of the deposit being settled, subject to verification of eligibility and compliance with these terms.


Is there a penalty for withdrawing funds?
Yes, funds must remain in your SoFi Invest account for a period of five years to be eligible for the bonus. If your deposit is removed prior to the five year period, you will be subject to an early withdrawal fee and SoFi will remove a proportional amount of the bonus from the member’s account. The proportional amount is based on the breach in retention value. In the event of an ACAT transfer out, there will be an early withdrawal fee for the entire match amount.

Examples:

Scenario 1: If you deposit $1,000 into a SoFi Invest account, you’ll earn a $10 match. If you withdraw $600 less than 5 years from the deposit date, you’ll incur an early withdrawal fee of $5.94.

Scenario 2: If you deposit $1,000 into a SoFi Invest account, you’ll earn a $10 match. Your account balance then increases to $1,310 due to investment gains. If you withdraw $250 less than 5 years from the deposit date, you’ll incur an early withdrawal fee of $0 because your equity balance remains above the pre-promotion equity in the account, plus the qualifying deposit and match amount.

Scenario 3: If you deposit $1,000 into a SoFi Invest account, you’ll earn a $10 match. Your account balance then decreases to $950 due to investment losses. If you withdraw $250 less than 5 years from the deposit date, you’ll incur an early withdrawal fee of $3.07 because your equity balance fell below the pre-promotion equity in the account, plus the qualifying deposit and match amount.

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Is 670 a Good Credit Score?


Is 670 a Good Credit Score?

670 credit score

On this page:

    By Timothy Moore

    (Last Updated – 11/2025)

    A credit score of 670 is at the very lowest edge of the “good” category. So is a 670 credit score good? Technically, yes, and you should be able to qualify for most types of loans.

    But is 670 a good credit score in terms of getting the best rates and lowest fees? Not usually. You’ll need to work on building your credit score to earn lower interest rates and fees, higher borrowing amounts, and more flexible terms.

    Below, you’ll learn the full story on what a 670 credit score means and what types of loans you can get with this score.

    Below, you’ll learn what it means to have a credit score of 670, including what kinds of loans you’ll likely qualify for and what rates you can expect.

    Key Points

    •   A 670 credit score is considered good but is at the lower end of this category.

    •   With a 670 score, most loans are accessible, though they may come with higher interest rates and fees.

    •   66% of borrowers with a 670 credit score have auto loans.

    •   Leasing a car may be more difficult with a 670 credit score.

    •   36% of individuals with a 670 credit score have mortgages.

    What Does a 670 Credit Score Mean?

    Think of your credit score as a grade. Credit scoring companies like FICO® and VantageScore® review your credit report (you have one with each of the three major credit bureaus) and assign a number to you based on how reliable you are when borrowing money. On-time payments, a healthy credit mix, and low credit utilization are some of the factors that affect your credit score.

    The most popular credit scoring model in the U.S. is FICO, which has five credit score ranges:

    •   Exceptional: 800 to 850

    •   Very Good: 740 to 799

    •   Good: 670 to 739

    •   Fair: 580 to 669

    •   Poor: 300 to 579

    A 670 FICO score is officially in the “good” range — but just barely. To get the most out of a “good” credit score (like low interest rates and low fees), you should aim to build your score into the 700s or beyond.

    What Can You Get with a 670 Credit Score?

    A 670 credit score is at the absolute bottom of the “good” range in the FICO credit scoring model. While the score indicates that you should qualify with lenders advertising loans for borrowers with good credit, your status right on the edge might throw your application into question.

    Even if you do qualify for loans, you likely won’t enjoy as low of interest rates and fees as you might if you were on the higher end of the “good” range or had a score in the “very good” or “exceptional” range.

    But don’t let that discourage you. With the right lenders, you should still be able to qualify for all major types of loans. Keep reading to learn more.

    Recommended: FICO Score vs. Credit Score

    Can I Get a Credit Card with a 670 Credit Score?

    The minimum credit score to get a credit card is 300, which is the absolute lowest score you can have. In fact, some credit card issuers will give you a credit card even if you haven’t established any credit history at all.

    The caveat? You’ll likely only qualify for a secured credit card (that means making a cash security deposit as collateral on the card), and interest rates will be high. However, using this card responsibly means that, over time, you can expect to build your credit history and score.

    With a 670 credit score, you’ll probably qualify for a wider range of credit cards, including unsecured credit cards (no security deposits required!). However, a 670 score is typically not good enough to get rewards credit cards that offer cash back or travel points. You may also still have a low credit limit and high interest rate until you build your score.

    Can I Get a Personal Loan with a 670 Credit Score?

    Along the same lines as credit cards, there’s no official minimum credit score to get a personal loan. Instead, each lender sets its own requirements, and many lenders — especially those found online via lending marketplaces — are available to those with poor credit. Again, these might be secured loans and have steep interest rates, which can go as high as 36%.

    With a 670 credit score, however, you likely don’t have to worry about a security deposit and interest rates that steep. Personal loan lenders that are willing to work with good credit will still likely have high interest rates and origination fees, but there may be some more flexibility with how much you can borrow and how long you have to pay it back.

    Credit scores are only one factor lenders consider when approving you for personal loans, however. They typically also consider your income streams and outstanding debts before approving you. If you’re hoping to consolidate multiple outstanding debts with the personal loan, make this known to the lender. Getting a credit card consolidation loan can be a way to combat competing payment due dates and high interest rates and pay off your debt.

    Can I Get a Mortgage with a 670 Credit Score?

    You can get a mortgage with a 670 credit score, as long as you meet other qualification requirements. In fact, the minimum credit score needed to buy a house with a conventional mortgage is 50 points lower: 620.

    And even those prospective homebuyers with scores below 620 have options through government-backed loans, such as FHA loans, VA loans, and USDA loans.

    Buying a home with a 670 credit score is popular. According to Experian®, 36% of people with a 670 credit score have a mortgage loan in their credit portfolio. Just remember that credit score is only one facet of the loan approval process; lenders will also want to see steady income, a low debt-to-income ratio, and enough funds to cover your down payment. At the very least, you’ll need 3% in cash for a down payment when purchasing a home through a conventional mortgage.

    Recommended: Different Types of Home Mortgage Loans

    Can I Get an Auto Loan with a 670 Credit Score?

    You can also get a car loan with a 670 credit score. However, auto lenders typically use a specialized auto credit scoring model, either the FICO Auto Score or VantageScore 3.0 or 4.0, instead of the traditional scoring model. The FICO Auto Score runs from 250 to 900.

    Technically, there’s no minimum credit score to buy a car. Even borrowers with subprime credit can usually find some kind of loan, though the amount they can borrow might be low, and the rate will certainly be high — and falling behind on payments means the car could be repossessed.

    Borrowers with a 670 credit score are in a much better place when it comes to financing a car. While you won’t get the lowest rates and fees available, you should be able to drive away from the dealership in a new set of wheels without much hassle. In fact, 66% of borrowers with a 670 credit score have an auto loan, according to Experian.

    Leasing a car with a 670 credit score can be more challenging. While car dealerships will lease cars to drivers with a lower credit score, 680 is the preferred threshold.

    The Takeaway

    A 670 credit score is considered a good credit score on the FICO scoring model — but only just barely. It’s on the cusp of “fair” and “good.” You’ll likely be able to qualify for credit cards, personal loans, mortgages, and auto loans, but 670 is not good enough to get the industry’s best rates and lowest fees. It may be wise to keep working to build your credit score, and consider applying for a loan once you’ve made it to the “very good” level (740 to 799) or higher, if possible.

    Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.


    SoFi’s Personal Loan was named NerdWallet’s 2024 winner for Best Personal Loan overall.

    View your rate

    FAQ

    Can I buy a house with a 670 credit score?

    Yes, you should be able to buy a house with a 670 credit score. You need at least a 620 credit score to qualify for a conventional mortgage. Lenders will also want to see steady income and employment, and you’ll need enough money to cover the down payment.

    Can I buy a car with a 670 credit score?

    While auto lenders typically look at your FICO Auto Score rather than your traditional FICO score, a 670 credit score is usually good enough to get a typical car loan. A 670 score may make it harder to lease a car, however.

    Photo credit: iStock/tolgart

    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®

    Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

    SOPL-Q425-069

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    Is 620 a Good Credit Score?


    Is 620 a Good Credit Score?

    620 credit score

    On this page:

      By Melissa Brock

      (Last Updated – 11/2025)

      A 620 credit score is considered a “fair” score. That means it’s higher than a “poor” score yet lower than a “good” one.

      Your credit score is a three-digit number that summarizes how well you’ve handled debt in the past and how well you currently pay your bills. Put simply, it helps lenders determine how likely you are to repay a loan on time. With a 620 credit score, you will likely qualify for some loans and lines of credit, but you will probably pay more for the privilege.

      Read on to learn more about what a 620 credit score means and the types of loans you can qualify for with a 620 credit score.

      Key Points

      •   A 620 credit score is categorized as fair and is below the average U.S. credit score.

      •   Qualification for credit cards, auto loans, and personal loans is possible, but with higher fees and interest rates.

      •   Conventional mortgages are available, but FHA and VA loans may have more lenient requirements.

      •   Improving the credit score can lead to better loan terms and lower interest rates.

      •   Tips for improvement include keeping credit utilization low, making timely payments, and maintaining a good mix of credit types.

      What Does a 620 Credit Score Mean?

      A 620 credit score means you fall into a group of people with a lower credit score than other Americans. As mentioned, it’s a “fair” score, and a bit towards the lower end of that range.

      The average credit score in the U.S. is 715, according to Experian®. Some lenders choose not to lend to individuals with a 620 credit score, and borrowers with scores in the “good” range typically receive better borrowing terms. Those with a 620 credit score may be considered subprime borrowers, because they have a less than average credit rating.

      There are two scoring systems in the United States: FICO® Score and VantageScore®. FICO is used in the majority of lending decisions.

      To give you some context of where a 620 credit score falls into the mix, FICO’s credit score ranges include:

      •   Exceptional: 800 to 850

      •   Very Good: 740 to 799

      •   Good: 670 to 739

      •   Fair: 580 to 669

      •   Poor: 300 to 579

      Your credit score is determined by a mix of factors, including your:

      •   Payment history (your record of on-time payments)

      •   Amount you owe vs. your credit limit

      •   Length of credit history

      •   Credit mix (handling various types of credit well can reflect well on you)

      •   Recent credit applications (fewer can indicate that you are a responsible borrower).

      Now, let’s look at whether you can get a credit card, auto loan, mortgage, or personal loan with a 620 credit score.

      Can I Get a Credit Card with a 620 Credit Score?

      Yes, you can likely get a credit card with a 620 credit score. However, you may face:

      •   Higher fees

      •   Higher APRs

      •   Fewer rewards

      You can tap into secured or unsecured credit cards with a 620 credit score. Secured credit cards are a type of credit card that requires a cash deposit to serve as collateral. For example, you may put down $500, which will act as your credit limit. When used responsibly, these kinds of cards may help you “graduate” to an unsecured card.

      Unsecured cards don’t require you to put down a deposit. Also, in terms of unsecured cards vs. secured cards, the unsecured ones typically carry better perks, rewards, as well as lower fees and interest rates. But you may need a credit score of 700 or higher to qualify for cards with all the bells and whistles.

      Can I Get an Auto Loan with a 620 Credit Score?

      Yes, you can usually get an auto loan with a 620 credit score, but it may take some research, and you may not be offered the most favorable terms. Generally, lenders like to see a minimum FICO Score of 661 to qualify for car financing. Again, the higher your credit score, the less risk you’re perceived as posing to your lender. You may consider building your credit score to get better interest rates and terms.

      What is the process of getting an auto loan? Getting an auto loan involves determining your budget, applying for auto loan preapproval, shopping for your car, and comparing dealership and other offers. Then, finalize your auto loan and begin repaying the loan.

      Can I Get a Mortgage with a 620 Credit Score?

      You’ll typically need a 620 FICO Score to qualify for a conventional mortgage loan. So, if your other qualifications are solid, you may have offers to compare. Similar to auto loans, however, the credit score requirement depends on your lender. Certain mortgage loans, like Federal Housing Administration (FHA) loans, may allow you to have a lower credit score to qualify.

      Here are a few types of mortgage loans and their credit score requirements:

      •   Conventional mortgage: A conventional mortgage is a loan that a government agency does not insure, or back. As mentioned, you can typically qualify for a conventional loan with a 620 credit score. But remember, other factors, such as your income, come into play.

      •   FHA loans: An FHA loan is popular with qualified first-time home buyers. These loans are insured by the federal government, and you could qualify with a minimum credit score of 500. Borrowers with a credit score of at least 580 may be able to get an FHA loan with a 3.5% down payment. Those with a lower score will likely need a 10% down payment.

      •   VA loans: No down-payment VA loans are also backed by a government entity — the U.S. Department of Veterans Affairs. To qualify, you must be a service member, veteran, or qualifying surviving spouse with a Certificate of Eligibility (COE) to qualify for a VA loan. Most lenders look for a score of 620, but note that they may consider scores as low as 580.

      •   USDA loans: With a 620 credit score, you may have trouble getting a USDA loan guaranteed, or backed, by the U.S. Department of Agriculture. You typically need a credit score of at least 640 for this loan, but again, they consider other factors when deciding whether to lend to you. You must also meet certain income criteria and purchase a home in a designated rural area.

      •   Jumbo loans: You will likely not qualify for a jumbo loan, which requires a credit score of 700 to 720 with a 10% to 20% down payment. Jumbo loans exceed the Fannie Mae and Freddie Mac conforming loan limits of $806,500 for a single-unit property. If you live in a high-cost area like Alaska or Hawaii, the conforming loan limit is $1,209,750 for a single-unit property. The number of units you own can increase the conforming loan limit.

      Can I Get a Personal Loan with a 620 Credit Score?

      You can get a personal loan with just a 600 credit score, but you might not qualify for the best (or lowest) interest rates. A slightly higher credit score of 620 is likely to put you in a comparable position, meaning you may only be offered a higher interest rate and other fees like origination fees.

      You might see what offers are available for a debt consolidation loan, which is a personal loan consumers use to pay off high-interest debt like credit cards. Lenders typically require a minimum credit score between 580 and 680 to qualify for a debt consolidation loan.

      What Else Can You Get with a 620 Credit Score?

      You may have a better chance of qualifying from a store credit card with a lower credit score than what’s required for a regular credit card. A 620 credit score would likely be more than sufficient.

      What is a store credit card? A store credit card allows you to get rewards and perks at that particular retailer, such as saving money or getting free shipping. You may even be able to stretch out your payments without having to pay interest.

      The downside? These cards typically come with high interest rates and the other obvious downside is that you can only use them at one store.

      The Takeaway

      A credit score of 620 is in the “fair” range. You will likely qualify for a number of different types of loans and lines of credit with this score. However, you are likely to be offered higher interest rates and less-favorable terms (such as fees). Compare offers to find the best deals, and also consider working to build your credit score over time so you have better access to more affordable credit.

      Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.


      SoFi’s Personal Loan was named NerdWallet’s 2024 winner for Best Personal Loan overall.

      View your rate

      Photo credit: iStock/tolgart

      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      ¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.


      †Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.


      Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



      Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®

      Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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      SoFi Instagram Follower Sweepstakes

      SoFi Instagram Follower Sweepstakes
      Official Rules

      ● NO PURCHASE OR PAYMENT IS NECESSARY TO ENTER OR WIN THIS SWEEPSTAKES. A PURCHASE OR PAYMENT OF ANY KIND DOES NOT INCREASE YOUR CHANCES OF WINNING.
      ● VOID WHERE PROHIBITED BY LAW.
      ● ALL DISPUTES WILL BE RESOLVED SOLELY BY BINDING ARBITRATION AND ENTRANTS WAIVE THE ABILITY TO BRING CLAIMS IN A CLASS ACTION FORMAT.
      ● THIS SWEEPSTAKES IS IN NO WAY SPONSORED, ENDORSED, ADMINISTERED BY, OR ASSOCIATED WITH INSTAGRAM.

      BY ENTERING (OR OTHERWISE PARTICIPATING IN) THE SWEEPSTAKES, YOU AGREE TO THESE OFFICIAL RULES, WHICH ARE A BINDING CONTRACT, SO READ THEM CAREFULLY BEFORE ENTERING. WITHOUT LIMITATION, THIS CONTRACT INCLUDES INDEMNITIES TO THE SWEEPSTAKES PARTIES FROM YOU AND A LIMITATION OF YOUR RIGHTS AND REMEDIES.

      1. ELIGIBILITY: The SoFi Instagram Follower Sweepstakes (“Sweepstakes”) is open only to legal residents of the fifty (50) United States and the District of Columbia who are at least eighteen (18) years of age or older as of time/date of entry. Employees, officers and directors of Social Finance LLC (“Sponsor” or “SoFi”) and its affiliates, Stadco, Realtime Media LLC (“Administrator”) and their respective parent companies, affiliates, subsidiaries, advertising, contest, fulfillment and marketing agencies (collectively, the “Sweepstakes Parties”), their immediate family members and those living in the same household as such individuals (whether legally related or not) are not eligible to participate in the Sweepstakes or win a prize. For purposes of this Sweepstakes, immediate family members are defined as spouse, partner, parents, legal guardians, in-laws, grandparents, siblings, children and grandchildren and their respective spouses, and those living in the same household shall mean people who share the same residence at least three (3) months a year, whether legally related or not. Void where prohibited by law, rule, or regulation. All federal, state, and local laws and regulations apply. By participating in the Sweepstakes, you unconditionally accept and agree to comply with and abide by these “Official Rules” and the decisions of Sponsor, including the interpretation of these Official Rules administration of the Sweepstakes, selection of the winners, and Sponsor’s exercise of discretion, which will be final, non-appealable, and binding in all respects.

      2. TIMING: The Sweepstakes begins once a Sweepstakes Post is made, as further defined below, and is anticipated to be at or around 12:00 p.m. Eastern Time (“ET”) on December 1, 2025 and ends at 11:59 p.m. ET on December 15, 2025 (the “Sweepstakes Period”). The designated computer clock of the Sponsor is the official time-keeping device in the Sweepstakes.

      3. HOW TO ENTER: To enter the Sweepstakes take the following steps:

      i. Become a follower of the @SoFi Instagram account (“Sponsor’s Account”).

      ii. During the Sweepstakes Period, find the advertised Sweepstakes post from at least one (1) of the following three (3) Instagram accounts (each, an “Instagram Account”): @your.richbff, @roger_steele, and @itserinconfortini that promotes this Sweepstakes (each, a “Sweepstakes Post”) and post a comment in response to the prompt in the Sweepstakes Post (the “Comment”). Be sure your Instagram account is set to public. While each Instagram Account will direct their audiences to follow the Sponsor’s Account in the Sweepstakes, an eligible Sweepstakes Post is only posted by the Instagram Account and the Comment must be posted to that Instagram Account’s Sweepstakes Post.

      iii. Your Comment must be suitable for public viewing and must communicate messages consistent with the positive images and goodwill to which Sponsor wishes to associate. Your Comment must not include the consumption of alcohol, illegal drugs, tobacco, firearms/weapons (or the use of any of the foregoing); promote any activities that may appear unsafe or dangerous; or promote any particular political agenda or message. Do not use content, image, or video that is not your own. Any Comment that includes trademarks, logos, copyrighted materials owned by others, or any personally identifiable information may be disqualified.

      By completing all the steps above, you will receive one (1) entry into the Sweepstakes for the applicable Instagram Account, subject to the limit below. All Comments must be posted by 11:59 p.m. ET on December 15, 2025 to be included in this Sweepstakes.

      You must remain a follower of the @SoFi Instagram account for at least sixty (60) days after the Sweepstakes Period for winner notification purposes. NOTE: Sponsor may not receive Comments from Instagram users with “private” account settings (i.e., user has set their Instagram account so that only people the user has approved can view their posts) due to the way Instagram operates its service. Entries not received by Sponsor will not be entered into the Sweepstakes. By posting a Comment to a Sweepstakes Post as set forth above, you are confirming your acceptance of and agreement to these Official Rules.

      Note: To participate and enter this Sweepstakes you will need to either visit Instagram.com or download the Instagram application from your mobile device’s app store and sign up for an Instagram account if you do not already have one. Creating an Instagram account is free. By submitting your information and creating an Instagram account, you will be required to agree to the Instagram terms of service and privacy policy. If you do not agree to Instagram’s terms of service and privacy notice, you cannot create an Instagram account or participate in this Sweepstakes. NOTE: If participating in the Sweepstakes via a mobile device, message and data rates may apply. Not all mobile telephone providers carry the service necessary to participate in this Sweepstakes. Entrants should consult their wireless provider’s pricing plans.

      By entering this Sweepstakes, you acknowledge and agree that SoFi may collect and process your personal information. Your data will be directly accessible to Realtime Media for the purposes of facilitating the Sweepstakes.

      The Sweepstakes Parties are not responsible for technical, electronic, telephone, hardware, software or network, computer or data transmission errors, malfunctions, or difficulties of any kind, or for false, incorrect, changed, incomplete or illegible contact information.

      LIMIT: One (1) entry per person/Instagram account per Sweepstakes Post. Attempts made by the same individual to earn more than one (1) entry by using multiple or false contact information, Instagram accounts or otherwise may result in disqualification. Entries generated by script, computer programs, macro, programmed, robotic or other automated means are void and may be disqualified. Entries that are in excess of the stated limit, incomplete, illegible, corrupted, damaged, destroyed, forged, false, lost, late or misdirected, deceptive or otherwise not in compliance with the Official Rules may be disqualified from the Sweepstakes at Sponsor’s sole and absolute discretion. Those who do not follow all instructions, provide the required information as described in these Official Rules or otherwise requested by Sponsor, or abide by these Official Rules or other instructions of Sponsor may be disqualified. Entries submitted by those who do not meet the eligibility requirements (including all requirements with respect to age and residence) are void. In the event of a dispute over the identity of an entrant, entry will be deemed submitted by the registered account holder of the email address associated with the Instagram account used to post the Comment, provided that person is eligible. Each winner may be required to show proof of being the registered account holder. Registered account holder is defined as the person assigned to an email address by an Internet access provider, online service provider, or other organization responsible for assigning email addresses. In the event that a dispute regarding the identity of the individual who submitted an entry cannot be resolved to Sponsor’s satisfaction, the affected entry will be deemed ineligible.

      4. SWEEPSTAKES DRAWINGS: Random drawings will ONLY occur if the @SoFi Instagram account receives 50,000 additional followers by 11:59 p.m. ET on December 15, 2025. If the @SoFi Instagram account increases by 50,000 followers by that time, then on or about December 16, 2025 the Administrator will conduct a random drawing to select one (1) potential winner per Sweepstakes Post from among all eligible entries received from among all eligible entries received for the applicable Sweepstakes Post in accordance with these Official Rules. See prize details below. Sponsor will note the number of Instagram followers as of 11:59 a.m. ET on December 1, 2025 for comparison to identify if 50,000 new follows are received.

      5. ODDS: Odds of winning a prize depend on the total number of eligible entries received for the applicable Sweepstakes Post.

      6. WINNER NOTIFICATION/PRIZE CLAIMING: Each potential winner will be notified through a direct message from either the Sponsor’s Account or the applicable Instagram Account on Instagram within twenty-four (24) hours of the random drawing. The Sweepstakes Parties are not responsible for and shall not be liable for false, incorrect, changed, incomplete or illegible contact information or for electronic communications that are undeliverable as a result of any form of active or passive filtering of any kind, or insufficient space in entrant’s email or other account to receive messages or late, lost, damaged, intercepted, misdirected, or unsuccessful efforts to notify a potential winner. Notification is deemed to have occurred immediately upon the sending of the direct message. A potential winner must respond to Sponsor’s notification by following the links included in the notification direct message to complete and submit a prize redemption form (“Redemption Form”) within twenty-four (24) hours. As part of the winner notification process, upon completion of the Redemption Form, the potential winner will be required to complete and sign a declaration of eligibility/release of liability/prize acceptance agreement (“Declaration”) sent via email, within twenty-four (24) hours of Sponsor’s time stamp of notification, as a condition of receiving the prize. If a potential winner cannot be contacted within a reasonable time period, if a potential winner fails to complete the Redemption Form within twenty-four (24) hours from Sponsor’s time stamp of sending, if a potential winner fails or refuses to sign and return the Declaration within the required time period, if the potential winner is ineligible, if any notification is returned as rejected, faulty, unclaimed or returned as undeliverable to potential winner, and/or if the potential winner fails to fully comply with these Official Rules or is otherwise noncompliant, the potential winner will be disqualified and an alternate will be selected, up to three (3) alternates, after which the applicable prize will remain un-awarded. The potential winner becomes the “winner” only after verification of eligibility by Sponsor.

      If a winner is a resident of Alabama or Nebraska and under the age of nineteen (19) years old, a parent or legal guardian may be required to also sign the Declaration in order for the winner to be qualified to receive the prize.

      No more than the stated number of prizes will be awarded. If, for any reason, more bona fide winners come forward seeking to claim prizes in excess of the number of prizes set forth in these Official Rules, the winner(s) of the advertised number of prizes available may be selected in a random drawing from among all persons making purportedly valid claims for such prize(s). Inclusion in such drawing shall be each entrant’s sole and exclusive remedy under such circumstances.

      7. PRIZES/PRIZE RESTRICTIONS: The prizes to be awarded in this Sweepstakes is:

      Three (3) Prizes (One [1] Per Sweepstakes Post): Each prize is ten thousand and 00/100 dollars ($10,000 USD) made payable to the winner.

      The total value of all prizes available in the Sweepstakes is $30,000.

      SoFi will deliver the prize winnings to the winner only by transfer to the winner’s SoFi Bank Checking & Savings account within 30 days from the day the Administrator verifies the winner. If the winner does not have a SoFi Bank Checking & Savings account, they can open an account for free on the SoFi app or at www.sofi.com for SoFi to deposit funds into the winner’s account. The winner must still have or must create a SoFi Checking & Savings account within 60 days of when the Administrator verifies the winner, in order to receive the prize or it will be forfeited. In the event the winner attempts to open a SoFi Checking & Savings account and is deemed ineligible for the account, SoFi will distribute the prize amount via check or another reasonable alternate manner at SoFi’s discretion.

      Prizes are non-transferable, with no substitutions except at Sponsor’s sole and absolute discretion. All prize details not specified in these Official Rules will be determined in Sponsor’s sole and absolute discretion. Prize fulfillment details and availability are subject to change and prize provider’s rules and restrictions. Prizes are awarded “AS IS” and without warranty of any kind, express or implied (including, without limitation, any implied warranty of merchantability or fitness for a particular purpose). Each winner will be solely responsible for all federal, state and/or local taxes, and for any other fees or costs associated with the prize received. The value of each prize will be reported for tax purposes as required by law. Each winner will be required to provide Sponsor with a valid social security number before the prize will be awarded for tax reporting purposes. An IRS Form 1099 (preceded by an IRS Form W-9) will be issued in the name of the winner for the actual value of the prize received. Any unclaimed prize will be forfeited. Prizes, if legitimately claimed, will be awarded. The Sweepstakes Parties are not responsible for and will not replace any lost, mutilated, or stolen prize or any prize that is undeliverable or does not reach the winner because of an incorrect or changed address or other inaccurate information. Prizes will be fulfilled as set forth above.

      8. GENERAL: Subject to applicable law, each winner hereby expressly grants to the Sweepstakes Parties and their respective successors, assigns, sublicensees and designees, the irrevocable right to use and publish his/her name, social handles, likeness (photographic or simulated), voice, biography and place of residence for all purposes, including, without limitation, advertising, marketing, promotional and publicity purposes in connection with this Sweepstakes (“Advertising”), in any and all media now or hereafter devised, worldwide, in perpetuity, without any form of notice, permission or any amount or kind of compensation, except for the awarding of the prize to such winner. All copyright, trademark or other intellectual property rights in such Advertising shall be owned by Sponsor and/or its licensors, and winner hereby disclaims and waives any claim of right to such Advertising. Such Advertising shall be solely under the control of Sponsor and/or its licensors, and each winner hereby waives any claim of control over the Advertising content as well as any possible claims of misuse of such winning recipient’s name, likeness or voice under contract, tort, or any other theory of law. The Sweepstakes Parties do not assume any responsibility for any disruption in the Sweepstakes, including, but not limited to, the failure or interruption of any social media platform or any internet service provider. In the event there is a discrepancy or inconsistency between disclosures and other statements contained in any Sweepstakes materials and the terms and conditions of these Official Rules, these Official Rules shall prevail, govern, and control. In the event Sponsor is prevented from continuing with the Sweepstakes by any event beyond its control, including, but not limited to, fire, flood, epidemic, pandemic, earthquake, explosion, labor dispute or strike, act of God or public enemy, communications or equipment failure, utility or service interruptions, riot or civil disturbance, terrorist threat or activity, war (declared or undeclared), interference with the Sweepstakes by any party, or any federal, state, or local government law, order, or regulation, order of any court or jurisdiction, or other cause not reasonably within Sponsor’s control (each, a “Force Majeure” event or occurrence), Sponsor shall have the right to modify, suspend or terminate the Sweepstakes or prize. Sponsor additionally reserves the right, in its sole and absolute discretion: (a) to modify, suspend or terminate the Sweepstakes should causes beyond Sponsor’s control corrupt or interfere with the administration, integrity, operation, security or proper play of the Sweepstakes; or (b) to disqualify any entrant found to be, or suspected of: (i) tampering with the entry process or the operation of the Sweepstakes; (ii) acting in violation of these Official Rules; or (iii) acting in an un-sportsmanlike manner.

      9. CONDUCT: The Sweepstakes Parties are not responsible for the actions of entrants in connection with the Sweepstakes, including entrants’ attempts to circumvent the Official Rules or otherwise interfere with the administration, security, fairness, integrity, or proper conduct of the Sweepstakes. The Sweepstakes Parties reserve the right, at their sole discretion, to disqualify any individual found to be tampering with the participation process or the operation of the Sweepstakes, or to be acting in any manner deemed by the Sweepstakes Parties to be in violation of the Official Rules, or to be acting in any manner deemed by the Sweepstakes Parties to be unsportsmanlike or disruptive, or with intent to annoy, abuse, threaten or harass any other person and void all associated Entries and/or registrations. CAUTION: ANY ATTEMPT BY A USER, YOU OR ANY OTHER INDIVIDUAL TO DAMAGE OR UNDERMINE THE LEGITIMATE OPERATION OF THE SWEEPSTAKES IS A VIOLATION OF CRIMINAL AND CIVIL LAWS, AND SHOULD SUCH AN ATTEMPT BE MADE, THE SWEEPSTAKES PARTIES RESERVE THE RIGHT TO SEEK DAMAGES AND OTHER REMEDIES (INCLUDING ATTORNEYS’ FEES) FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAW. Sponsor reserves the right, at its sole and absolute discretion, to disqualify (or terminate the prize of) any individual who is found to be, or suspected of, acting in violation of these Official Rules, or to be acting in an unsportsmanlike, obscene, immoral or disruptive manner, or with the intent to annoy, abuse, threaten or harass any other person.

      10. WAIVERS AND DISCLAIMERS: The Sweepstakes Parties assume no responsibility or liability for: (a) lost, late, stolen, undelivered, inaccurate, incomplete, delayed, misdirected, damaged or garbled registrations, entries, URLs, or emails; (b) any incorrect or inaccurate entry information, or for any faulty or failed electronic data transmissions; (c) any unauthorized access to, or theft, destruction or alteration of entries or registrations at any point in the operation of this Sweepstakes; (d) any technical malfunction, failure, error, omission, interruption, deletion, defect, delay in operation or communications line failure, regardless of cause, with regard to any equipment, systems, networks, lines, cable, satellites, servers, computers or providers utilized in any aspect of the operation of the Sweepstakes; (e) inaccessibility or unavailability of the Internet or the website or any combination thereof or for computer hardware or software malfunctions, failures or difficulties, or other errors or difficulties of any kind whether human, mechanical, electronic, computer, network, typographical, printing or otherwise relating to or in connection with the Sweepstakes, including, without limitation, errors or difficulties which may occur in connection with the administration of the Sweepstakes, the processing of entries, social networking posts, or registrations, the announcement of the prizes, or in any other Sweepstakes-related materials; or (f) any injury or damage to entrants or to any other person’s computer which may be related to or resulting from any attempt to participate in the Sweepstakes. If, for any reason, the Sweepstakes (or any part thereof) is not capable of running as planned for reasons which may include, without limitation, infection by computer virus, tampering, unauthorized intervention, fraud, technical failures, or any other causes which may corrupt or affect the administration, security, fairness, integrity or proper conduct of this Sweepstakes, then the Sweepstakes Parties reserve the right at their sole discretion to cancel, terminate, modify or suspend the Sweepstakes in whole or in part. If terminated, the Sweepstakes Parties will award the prize from among all non-suspect, eligible entries received for the Sweepstakes up to the time of such action.

      11. RELEASES: All entrants, as a condition of participation in this Sweepstakes, agree to release, discharge, indemnify and hold harmless the Sweepstakes Parties, and each of their respective directors, officers, employees, agents, successors and assigns (collectively, “Released Parties”) from and against any and all liability, claims, costs (including attorneys’ fees), losses, damages, fines, or actions of any kind whatsoever for injuries, damages, or losses to persons or property which may be sustained, in whole or in part, directly or indirectly, in connection with: (i) participation in any aspect of the Sweepstakes (including travel to/from any Sweepstakes activity), (ii) the receipt, ownership, use or misuse of the prize awarded, including any travel associated with any prize, (iii) the Released Parties’ violation of rights of publicity or privacy, claims of defamation or portrayal in a false light or based on any claim of infringement of intellectual property; (iv) entrant’s registration material on any related website, or (v) any typographical, human or other error in the printing, offering, selection, operation or announcement of any Sweepstakes activity and/or prizes.

      12. GOVERNING LAW AND LIMITATION OF LIABILITY: All issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules or the rights and obligations of entrants, Sponsor or the Released Parties in connection with the Sweepstakes will be governed by and construed in accordance with the internal laws of the State of California, without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of any other laws.

      BY ENTERING THE SWEEPSTAKES, ENTRANT AGREES THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (A) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THE SWEEPSTAKES, OR ANY PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY, WITHOUT RESORT TO ANY FORM OF CLASS ACTION; (B) ANY AND ALL CLAIMS, JUDGMENTS AND AWARDS WILL BE LIMITED TO ACTUAL THIRD-PARTY, OUT-OF-POCKET COSTS INCURRED (IF ANY) NOT TO EXCEED TEN DOLLARS ($10.00), BUT IN NO EVENT WILL ATTORNEYS’ FEES BE AWARDED OR RECOVERABLE; (C) UNDER NO CIRCUMSTANCES WILL ANY ENTRANT BE PERMITTED TO OBTAIN ANY AWARD FOR, AND ENTRANT HEREBY KNOWINGLY AND EXPRESSLY WAIVES ALL RIGHTS TO SEEK, PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, LOST PROFITS AND/OR ANY OTHER DAMAGES, OTHER THAN ACTUAL OUT OF POCKET EXPENSES NOT TO EXCEED TEN DOLLARS ($10.00), AND/OR ANY RIGHTS TO HAVE DAMAGES MULTIPLIED OR OTHERWISE INCREASED; AND (D) ENTRANTS’ REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND ENTRANT IRREVOCABLY WAIVES ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY, SO THE ABOVE MAY NOT APPLY TO YOU.

      13. ARBITRATION AND DISPUTE RESOLUTION: The parties each agree to finally settle all disputes only through arbitration; provided, however, the Sponsor shall be entitled to seek injunctive or equitable relief in the state and federal courts in the State of California, and any other court with jurisdiction over the parties. In arbitration, there is no judge or jury, and review is limited. The arbitrator’s decision and award is final and binding, with limited exceptions, and judgment on the award may be entered in any court with jurisdiction. The parties agree that, except as set forth above, any claim, suit, action or proceeding arising out of or relating to this Sweepstakes shall be resolved solely by binding arbitration before a sole arbitrator under the streamlined Arbitration Rules Procedures of JAMS Inc. (“JAMS”) or any successor to JAMS. In the event JAMS is unwilling or unable to set a hearing date within fourteen (14) days of the filing of a “Demand for Arbitration”, then either party can elect to have the arbitration administered by the American Arbitration Association (“AAA”) or any other mutually agreeable arbitration administration service. If an in-person hearing is required, then it will take place in the State of California. The federal or state law that applies to these Official Rules will also apply during the arbitration. Disputes will be arbitrated only on an individual basis and will not be consolidated with any other proceedings that involve any claims or controversy of another party, including any class actions; provided, however, if for any reason any court or arbitrator holds that this restriction is unconscionable or unenforceable, then the agreement to arbitrate doesn’t apply and the dispute must be brought in a court of competent jurisdiction in the State of California. Sponsor agrees to pay the administrative and arbitrator’s fees in order to conduct the arbitration (but specifically excluding any travel or other costs of entrant to attend the arbitration hearing). Either party may, notwithstanding this provision, bring qualifying claims in small claims court.

      14. ENTRY INFORMATION AND SWEEPSTAKES COMMUNICATIONS: As a condition of entering the Sweepstakes, each entrant gives consent for Sponsor to obtain and deliver his or her name, address, and other information to third parties for the purpose of administering this Sweepstakes and to comply with applicable laws, regulations, and rules. Any information entrant provides to Sponsor may be used to communicate with entrant in relation to this Sweepstakes or on a Sweepstakes winner’s list. By participating in the Sweepstakes, entrant agrees to all of the terms and conditions of the Sponsor’s Privacy Policy, which is available at www.sofi.com/privacy-policy. In the event of any discrepancy between the Sponsor’s Privacy Policy and these Official Rules, these Official Rules shall control and govern.

      15. MISCELLANEOUS: The invalidity or unenforceability of any provision of these Official Rules will not affect the validity or enforceability of any other provision. In the event that any provision of the Official Rules is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. Sponsor’s failure to enforce any term of these Official Rules will not constitute a waiver of that provision. Entrants agree to waive any rights to claim ambiguity of these Official Rules. Headings are solely for convenience of reference and will not be deemed to affect in any manner the meaning or intent of the documents or any provision hereof. In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Sweepstakes-related materials, privacy policy or terms of use on any website, social media platform or application and/or the terms and conditions of the Official Rules, the Official Rules shall prevail, govern and control and the discrepancy will be resolved in Sponsor’s sole and absolute discretion.

      16. WINNERS LIST: To receive a list of the winners, send a #10 self-addressed, stamped envelope for receipt by February 13, 2026 to: SoFi Instagram Follower Sweepstakes (12117) – Winners List Request, c/o Realtime Media, 2460 General Armistead Ave, STE 209, West Norriton, PA 19403.

      17. SPONSOR: Social Finance, LLC (“SoFi”) 234 First Street, San Francisco, CA 94105. Reference to third parties in connection with the prize and/or third-party websites or services are for reference and identification purposes only and not intended to suggest endorsement, sponsorship or affiliation with Sponsor or the Sweepstakes.

      18. ADMINISTRATOR: Realtime Media LLC, 2460 General Armistead Ave, STE 209, West Norriton, PA 19403.

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