Last Updated: 02/24/2026
SuperMoney User Recommendation Score +38
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Highlights
SoFi® Personal Loans Review
Key Takeaways
- APRs starting at 8.74%. Rate is quoted with autopay discount*. Personal loan interest rates typically range between 9% and 36%. The starting rates for SoFi® Personal Loans are on the lower end of the spectrum.
- Fast access to funds. If approved, you can sometimes get your money within 1 business day*. (Same-Day Personal Loan Funding: Same Day Funding means that most borrowers receive funds the same day when loan is approved and the loan agreement is signed by 5:30 PM ET on a business day. SoFi does not guarantee this, and delays may occur outside of our control, such as if inaccurate information is submitted, the receiving bank declines the transfer. Your bank may have rules on when the funds become available. Does not include personal loans originated with a SoFi partner bank.)
- Large loan amounts. You can apply for loan amounts of up to $100,000 with SoFi® Personal Loans .
- Prequalified rate. You can check your prequalified rate at SoFi with a soft pull that will not affect your FICO or VantageScore.
- Origination fees of 0% to 7%. This is on the high end for lenders on SuperMoney's database. Don't forget that these fees are deducted from the loan amount, so take them into account when deciding how much money to borrow.
- No late fees. SoFi® Personal Loans will not charge additional fees if you miss the due date on a payment.
- Super long loan terms. SoFi® Personal Loans offers loan terms of up to 84 months. Most personal loans have a maximum term of 60 months.
Sofi loans Pros & Cons
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Sofi loans FAQ
What interest rates and personal loan terms does Sofi loans offer?
What interest rates does Sofi loans offer?
How much can you borrow via Sofi loans?
What is the maximum loan term you can get with Sofi loans?
| Personal Loan Amount | $5000 - $100000 |
| Loan Term | 24 - 84 months |
| APR | 8.74% - 35.49% Rate is quoted with autopay discount* |
What fees does Sofi loans charge?
Does Sofi loans charge an origination fee?
Does Sofi loans charge a late fee?
Does Sofi loans charge prepayment fees?
| Origination Fee | 0% - 7% |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for SoFi® Personal Loans?
Applicants with a credit score of at least 680 and up to 850 may be eligible for SoFi® Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.- Applicants must have an active and valid personal checking account
- Recent pay stubs
- Proof of income
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Credit Score | 680 - 850 |
What is the estimated funding time for a personal loan via Sofi loans?
Does SoFi® Personal Loans report your account activity to credit bureaus?
- Equifax
- Experian
- TransUnion
Does SoFi perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates.Are SoFi® Personal Loans legit?
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