Will your SoFi Credit Card balance be converted to a personal loan at the end of the 15 month promotional period?
| Situation | What happens |
|---|---|
| ✓ You have an outstanding balance AND account is in good standing | Balance automatically converts to a personal loan |
| ✓ You paid off your full balance before month 15 | No conversion. No personal loan created. Card goes through a new underwriting review — you may receive an updated credit line and terms. |
Note: The conversion is automatic. We’ll issue updated loan documents, such as TILA disclosure, reflecting your actual balance at the time of conversion. There is no prepayment penalty — you can pay off the loan early at any time.
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