- APR range
- 8.99%–29.49%
- Loan amount
- $5K–$100K
- Min. credit score
- 680
- Funding time
- As soon as same day
Why it stands out
SoFi highlights
- No origination, late, or prepayment fees on any loan
- Borrow up to $100,000 for qualified applicants
- 0.25% autopay discount plus a rate-match guarantee
- Unemployment protection pauses payments if you lose your job
The verdict at a glance
Pros and cons
Pros
- Genuinely no fees, which is rare at this loan size
- Same-day funding once your loan is approved
- Member perks: career coaching, financial planning, rate discounts
Cons
- Needs a high credit score for the best rates
- No secured or co-signed option to lift approval odds
Our full review
Our take on SoFi
SoFi charges no origination fee, late fee, or prepayment penalty, and backs its loans with unemployment protection and free career coaching. It rewards good credit with some of the largest limits in the market.
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Figures shown are illustrative editorial examples and may change. Confirm current rates, fees, and terms on SoFi’s own site before you apply.
The alternatives
How SoFi compares
Other top-rated lenders in Personal Loans. Compare the numbers side by side before you decide.
| # | Provider | Rating | APR range | Best for | |
|---|---|---|---|---|---|
| 1 | LightStream | 7.49%–25.99% | Excellent-credit borrowers chasing low APR | See Rates | |
| 2 | Marcus by Goldman Sachs | 9.99%–24.99% | Consolidating debt without any fees | View Offer | |
| 3 | Upstart | 7.80%–35.99% | Thin or fair credit files | See Rates | |
| 4 | Best Egg | 6.99%–35.99% | Mid-tier credit and secured options | View Offer |
- LightStream4.8Best for Excellent-credit borrowers chasing low APR
- Marcus by Goldman Sachs4.6Best for Consolidating debt without any fees
- Upstart4.4Best for Thin or fair credit files
- Best Egg4.3Best for Mid-tier credit and secured options