SoFi

Item: SoFi
Rating: 4.7
Author: MoneySaverCodes

4.7

SoFi (Social Finance) is a US fintech lender and bank founded in 2011. It offers personal loans, student loan refinancing, mortgages, and investment accounts, and is particularly popular with younger professionals seeking large loan amounts.

Get a Quote

AdSense slot: PROVIDERS_LEADERBOARD_1 (leaderboard)

Provider Overview

Headquarters: San Francisco, California
Founded: 2011
Official Website: www.sofi.com
4.7 Our Rating: 4.7

Best for

Professionals with good credit seeking large loan amounts

Pros & Cons

Pros

Loans up to $100,000 with flexible terms
No origination fees or prepayment penalties
Unemployment protection — can pause payments if you lose your job
Members get access to career coaching and financial planning

Cons

Minimum credit score typically 650+ required
Rates can be higher than LightStream for top-tier borrowers

Products & Coverage Areas

Personal Loans→

AdSense slot: PROVIDERS_RECTANGLE_1 (rectangle)