How to get approved on the SoFi Personal loan with guaranteed lower interest
Learn how to get approved for SoFi personal loan: the solution to borrow some money now and get approved without lower fees and interest!
Anúncios
The SoFi personal loan is the perfect solution for those who want to have access to the money quickly and with ease.
SoFi is a fintech that doesn’t charge any fees for its loans, and has an fixed APF that lets you know exactly what you’re paying for.
Anúncios
So, if you want to take a personal loan to get your finances organized, now is the time! In this quick article, we’ll review:
- SoFi Personal Loan lending terms
- SoFi Personal Loan fees and penalties
- How to get approved on the SoFi Personal loan
SoFi Personal Loan lending terms
People get personal loans for different reasons. They might want to renovate the house, pay off debt or purchase something.
Anúncios
Whatever it is, you need to make a smart choice so you don’t fall into a pit of debt. That means that you should be aware of any fees, taxes or interests on your loan.
With that said, this are the SoFi personal lending terms:
- Loan amounts go from $5k to $100,000.
- Interest rates range from 6.99% to 22.28% APF (annual interest).
- 0.25% autopay reduction, which means that you agree to have that amount deducted automatically from your checking or savings account, monthly.
- You can pay your loan in 2 to 7 years terms.
SoFi Personal Loan fees and penalties
One of the great things in using SoFi is that you’re not charged any fees (pre or post the loan), and no pre-payment required.
Nonetheless, it’s important to keep your payments on date to avoid accumulating interest and hurting your credit score.
Also, once you pay up your first loan, you’ll be eligible for even bigger amounts, as it also improves your credit.
How to get approved on the SoFi Personal loan
It’s easy to apply for your loan with SoFi. You just need to create a account on SoFi’s official website.
You can check out your rate and the options available to you for free without hurting your credit score.
Once you sign-up, you can choose an amount and the repayment term, calculating your monthly payment.
Everything is done through the SoFi website, so, make sure to go to the official page.