Jun
30
2022
How the Carbon Storage Business Is Growing
Carbon removal and storage is considered by some a major part of fighting climate change. It’s also attracting major investment dollars.
Read more
SoFi Blog
Tips and news—
for your financial moves.
Jun
30
2022
2022 Box Office Revenue Has Been Robust, But Can Ticket Sales Be Sustained?
Box office revenue is surging as Americans emerge from the pandemic ready to catch a show, but inflation poses a new threat.
Read moreJun
29
2022
Sam-Relay-Page
Check your score and
start building your credit.
SoFi Relay tracks your credit score and gives you real-time alerts when your score changes and insights you can take to improve your credit.
Get started
Get Your Money Right® starts with your credit score
Sign up for credit score monitoring in under a minute and
begin getting insights into your financial health.
Monitor your credit score.
Track your credit score at no cost, with weekly updates to help you stay on top of when your score changes.
Get Insights On Your Credit.
Understand the factors that drive your credit score and what you can do to influence them.
Manage Your Credit Utilization.
Link your credit & loan accounts to to actively monitor your utilization and payment progress.
Get Financial Advice from an Expert.
Access SoFi Member benefits like personalized advice from a credentialed financial planner for no cost.
The power to track what impacts
your credit score.
Understand what affects your score.
Stay up-to-date with any changes to the key factors contributing to your credit score and learn about the influence you can have on them.
Powered by TransUnion®.
Get your VantageScore® 3.0 credit score, a model developed by all three national credit reporting companies.
This won’t hurt your credit score, or your wallet.
We only do a “soft” pull on your credit. Check your score as often as you want—it won’t hurt your score, and it’s at no cost to you.
Get started
Discover real-time vehicle
values in just a few clicks.
Now with Auto Tracker in SoFi Relay, you can instantly monitor vehicle prices in this unprecedented market—to get a better picture of your total net worth.
Track your vehicle
FAQs
SoFi leverages the TransUnion VantageScore 3.0 model which includes several key components:
- Payment History – comprised of whether you regularly pay your bills on time.
- Credit Age and Type – average age of your credit accounts and mix of various types such as revolving debt and installment debt. An example of revolving debt is a credit card and an example of installment debt is a student loan.
- Credit Utilization – the percentage of your credit limit you currently have outstanding.
- Balances – balances on your credit accounts including current balances as well as delinquent accounts.
- Inquiries – recent inquiries or applications for new credit.
- Available Credit – amount of available credit that is unused.
Checking your own credit report is considered a soft inquiry, which does not impact your credit score.
Your credit score is used by lenders, among others, as they review your applications for credit and determine your creditworthiness which might influence if they are willing to extend credit and at what terms. It might also be used by landlords, utility providers, and prospective employers.
See more FAQs
Jun
29
2022
The SoFi Money Habits Survey: Inflation Hits Spending & Saving Trends, But Investors Are Staying the Course
SoFi’s first Money Habits Survey uncovers new insights into how people are saving, spending and investing amid market volatility and high inflation.
Read moreJun
29
2022
Sam-Protect-Page
SoFi’s here to help protect what matters to you.
Having a plan and being protected when the unexpected happens is vital in protecting your loved ones and your finances. SoFi has teamed up with some of the best insurance companies in the industry—bringing you fast, easy, and reliable insurance.
Auto Insurance
Gabi gives you multiple auto insurance quotes to compare against your existing auto insurance coverage so you can potentially save money.
Life Insurance
Ladder offers term life insurance that’s affordable, quick to set up, and easy to understand. Get your quote for coverage that ranges from $100K to $8MM.
Homeowners Insurance
Lemonade brings you homeowners insurance built for the 21st century. No brokers. No paperwork. And it all starts at $25/month.
Renters Insurance
Lemonade offers renters insurance that’s affordable, instant, and easy to understand. Starting at just $5/month,
you can protect the stuff you own at home—and everywhere else.
Rest assured with
real-time vehicle values.
Now you can instantly monitor vehicle prices in this unprecedented market with Auto Tracker in SoFi Relay—to ensure you’re never caught off guard.
Track your vehicle
Easily create and manage your estate plan.
For a limited time get 25% off a trust, will, or guardianship through our partner, Trust & Will.*
Learn more
The service provides forms for your use, not legal advice. Using these documents is not a substitute for obtaining legal advice.
More articles and resources
Stay up to date on the latest business news and stock market happenings.