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SoFi Personal Loans Review

Pros & Cons

Pros

  • No origination, prepayment, or late fees
  • Unemployment protection program
  • Same-day funding available

Cons

  • Requires good credit (680+ recommended)
  • No co-signer option

Our Take on SoFi Personal Loans

SoFi offers the best overall personal loan experience with no fees, competitive rates starting at 8.99% APR, and same-day funding for qualifying borrowers.

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Sarah Mitchell

Reviewed by

Sarah Mitchell

Senior Finance Editor

Sarah Mitchell is a certified financial planner with 12 years of experience covering personal finance, credit cards, and investment products. She has been quoted in The Wall Street Journal, Forbes, and Bloomberg. Sarah holds a CFP designation and an MBA from Wharton. She tests every financial product she reviews and consults with independent financial advisors to ensure accuracy.

Editorially Independent

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