SoFi Personal Loan — No Hidden Fees and up to $100,000
✅ Loans up to $100,000.
✅ Terms up to 7 years.
✅ No surprise fees.
Why Do We Recommend SoFi?
SoFi is one of the most recommended personal loan companies by experts in the field, and this is no coincidence.
The brand has grown significantly over the past few years, earning respect and tradition in the American market with a strong offering of personal loans.
With the goal of providing personal loans in an easy way, the entire process is done online with no need to go anywhere.
You can check your rate in just 60 seconds, a process highly praised for its efficiency and customer service quality.
It’s no surprise that more than $33 billion has been allocated to pay bills thanks to SoFi loans.
SoFi Personal Loans Plans
SoFi offers personal loan plans ranging from $5,000 to $100,000, standing out with a wide financial offering.
SoFi can help you in the most difficult or challenging times of your life, such as consolidating credit card debt, home improvements, travel, weddings, and even in vitro fertilization.
SoFi presents personal loans with fixed rates ranging from 8.99% to 29.49% APR, reflecting a 0.25% discount on the rate when you make payments via AutoPay, the direct debit system.
The repayment period ranges from 2 to 7 years, meaning 24 to 84 months, depending on the conditions requested by the borrower.
According to SoFi itself, the average interest rate is 15.57% APR for most loan applications. The company does not charge origination, late, or prepayment fees, helping you save a significant amount on the final loan settlement.
Author’s Opinion
SoFi is highly recommended for good reason, as it is truly one of the best companies in the world to apply for personal loans.
With a fully intuitive and easy-to-navigate platform, SoFi offers an optimized browsing experience.
The borrower can apply and receive a quote in just 60 seconds in a process made easier by the quality of the site and the analysis.
In turn, SoFi promises a fair review of the borrower’s score and full credit history, aiming to offer a fair proposal based on the request.
When approved, you can receive the money directly in your account within one business day, making the entire process more efficient.
How Does the SoFi Application Process Work?
SoFi makes all of its services available directly online, and you only need to visit the official website to find the application form.
Fill in the form with your key information and submit it for SoFi’s credit analysis and wait for the response.
Looking for Another Option?
SoFi is indeed one of the best companies in the North American market, but there are also other good options.
LightStream is one of them, offering personal loan plans of up to $100,000 with rates as low as 6.94%.
