With low rates and an application that takes just minutes, SoFi offers personal loans that can help you save thousands. Pay off high-interest credit cards or fund a major purchase. And since you were referred to us by someone who loves SoFi, we’ll sweeten the deal by offering you $100 cash once you become a member.
Borrow from $5k-$100k at fixed rates that start at 5.49% APR (with AutoPay)5.
No origination fees or pre-payment penalties. What you see is what you get.
Get a 0.125% rate discount✝✝ on an additional SoFi loan—just for being a member.
Simple online application and access to live customer support 7 days a week.
If you lose your job, we’ll temporarily pause your payments and help you find a new job.4
Borrowers raised their credit scores by 17 points on average when they paid off credit card debt**.
Here’s how SoFi Personal Loans compare
|SoFi||Lending Club||Discover Personal Loan||Credit Cards|
5.49% – 14.24%
|5.99 – 35.89%||6.99 – 24.99%||12.00 – 22.86%6|
|Fees||No Hidden Fees||1 – 5% Origination Fee||No Fees||3% Balance Transfer Fee|
|Term||3, 5, or 7 years||3 or 5 years||3, 4, 5, 6, or 7 years||Rolling|
|Amount||$5,000 – $100,000||$1,000 – $40,000||$2,500 – $35,000||Varies|
With serious savings, a seamless online application, and unique community benefits, our members have a lot to say.
“This has quite possibly been the best experience that I've had—easy application process, great rates, and great customer service.“
“My SoFi personal loan will save me thousands of dollars in interest. The application process was fast and effortless.“
“I know I’m making progress and [SoFi has] given me the freedom to invest that money in other assets.“