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SoFi Personal Loan: how to apply

Needing money for an emergency or consolidate debt? Learn how to apply for SoFi Personal Loan and quickly get the cash you need!

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SoFi Personal Loan: Complete your application in minutes

SoFi logo
Learn how to apply for the SoFi Personal Loan! Source: The Insider Advisor

If you want to apply for the SoFi Personal Loan, you’re in the right place. It offers some great perks to its applicants and charges no hidden fees.

card

Personal Loan

SoFi

No hidden fees Flexible terms

Rate discount with autopay if you set up autopay! Co-sign loan option!

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It is here to help you pay off your debt or pay for any emergency. Apply today and see how easy it is to get the money you need.

How to apply on the website

You can apply for this personal loan on the SoFi website. Select the personal loan and click the “View Your Rate” option.

On the next page, you must inform your name, state, and email address. Next, you must fill in the details bout the loan you want, such as the amount and terms.

After a soft credit check, you’ll access the loan offers you’re qualified for. Once you choose the best option and submit the application, the lender will run a hard credit pull.

The application process usually takes two business days to be completed.

You can upload any requested document through SoFi online platform.

After you’re accepted, they’ll send you a loan agreement to sign. The requested money will be available to you in a few days.

Requirements

SoFi requires a good to excellent score from its applicants. Meaning you must have a credit score of 680 or higher.

Applicants must be U.S citizens or permanent residents. Also, they need to check your income and employment status.

Apply on the mobile app

The application process can also be made through SoFi mobile app. It offers a simple process similar to the website’s, and you can submit everything in the palm of your hand.

It is available for both Android and iOS systems. Also, the mobile app allows customers to manage their personal loans, check their rates, make payments, and more.

Find other loan options: Avant Personal Loan

Woman calculate expenses, makes personal finances analysis
Find out other personal loan options and compare features! Source: Adobe Stock

Now, no problem if you don’t think the SoFi Personal Loan is the right option for your financial needs!

Meet Avant Personal Loan! This lender accepts applicants with lower credit scores and offers secured and unsecured loan options.

The application process is simple. Once approved, you can access the cash in one business day!

Let’s compare both lenders’ details to see which fits you best.

SoFi Personal LoanAvant Personal Loan
Credit Score680 or higher580 or higher
Loan PurposeConsolidate debt, large purchases, home repairs, and more.Consolidate debt, emergency expenses, home improvement, and other purposes
Loan Amounts$5,000 to $100,000$2,000 up to $35,000
APR7.99% to 23.43%9.95% to 35.95%
Terms2 to 7 years12 to 60 months
Origination FeeN/AUp to 4.75%
Late FeeN/ASee terms
Early Payoff PenaltyN/AN/A

If you’re interested in applying for the Avant Personal Loan, we are here to help you! Read the following article to learn how the application process works! 

Avant logo

Avant Personal Loan: how to apply

Wondering how to apply for Avant Personal Loan to get the money you need? Wonder no more! Get all the details you need in this full article!

About the author  /  Beatriz Vieira

Beatriz Vieira is a producer and copywriter who is part of the finance writer team in this portal. She has a degree in Journalism and aims to improve her bilingual writing skills. Her subjects of most significant interest are culture, finances, and self-development.

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