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SoFi Fixed-Rate Personal Loan

About SoFi Personal Loans

The SoFi Fixed-Rate Personal Loan from SoFi is one of the top-rated Personal Loans options evaluated on MoneyCompared, earning an overall product score of 9.4/10. Top-rated unsecured personal loan up to $100,000 with zero required fees, same-day funding capability, and Unemployment Protection payment forbearance.

Key highlights include 8.99% - 29.49% Fixed APR (with Autopay & Direct Deposit Discounts), a fee structure of $0 Origination Fee, $0 Prepayment Penalty, $0 Late Fee, and 0.25% Autopay Discount + 0.25% Direct Deposit Rate Discount. Accounts are backed by Unemployment Protection up to 12 Months and supported by SoFi's 4.9 / 5.0-rated digital banking experience.

Features

Annual Fee	$0 Origination Fee, $0 Prepayment Penalty, $0 Late Fee
Regular APR / Rate	8.99% - 29.49% Fixed APR (with Autopay & Direct Deposit Discounts)
Intro Offer / Welcome Bonus	0.25% Autopay Discount + 0.25% Direct Deposit Rate Discount
Savings APY / AER	Loans from $5,000 to $100,000 over 2 to 7 Years + Direct Creditor Payoff
Minimum Deposit	$5,000 Minimum Loan Amount
Foreign Transaction Fee	N/A (U.S. USD Loan)
Deposit Insurance	Unemployment Protection up to 12 Months
Mobile App Rating	4.9 / 5.0
Overall Rating	9.4 / 10

About Product

Annual / Monthly Fee: $0 Origination Fee, $0 Prepayment Penalty, $0 Late Fee
APR / APY Rate: 8.99% - 29.49% Fixed APR (with Autopay & Direct Deposit Discounts)
Intro Offer / Bonus: 0.25% Autopay Discount + 0.25% Direct Deposit Rate Discount
Key Benefits: Loans from $5,000 to $100,000 over 2 to 7 Years + Direct Creditor Payoff
Minimum Requirement: $5,000 Minimum Loan Amount
Foreign Transaction Fee: N/A (U.S. USD Loan)
Protection: Unemployment Protection up to 12 Months

Pros

Rate / APR / APY: 8.99% - 29.49% Fixed APR (with Autopay & Direct Deposit Discounts)
Fee Structure: $0 Origination Fee, $0 Prepayment Penalty, $0 Late Fee
Welcome Offer / Benefit: 0.25% Autopay Discount + 0.25% Direct Deposit Rate Discount
Rewards & Highlights: Loans from $5,000 to $100,000 over 2 to 7 Years + Direct Creditor Payoff

Cons