What credit score do you need to acquire SoFi loans? Or perhaps is SoFi a good lender? Nevertheless, when acquiring a loan from any financial company, it’s best to find out more detail about the company and also certain requirements like the interest rate. On the contrary, SoFi which is also known as Social Finance is an American online personal financial services that offer members of the platform especially students with loan, mortgages, personal loans, and also refinancing. The Sofi financial services provide you with loans to achieve everything you need to acquire your dream home or other services. Learn how to apply for SoFi loans in 2020.
Furthermore, SoFi is considered as the largest provider of student loan refinancing SoFi which has $18 billion in refinanced student loans. However, acquiring loans from Social Finance is actually a great way to get started in developing yourself based on the services it offers. The interesting aspect of the SoFi financial services is the SoFi student loan interest rates offer when acquiring loans from the student loan refinancing SoFi. On the contrary, SoFi financial services cover various angles of loans that includes Sofi Student Loan Refinancing, SoFi private Student Loans, SoFi personal loans, and also the SoFi home loans. However, here’s a quick SoFi loan review on its various SoFi financial services.
Review on the SoFi Student Loan Refinancing
On the contrary, the SoFi financial services that make the platform outstanding is the aspect of providing members with student loan refinancing. However, most of the reason why refinance with SoFi is that it provides you with serious savings that come with no hidden fees or no catch. Moreover, as I mentioned earlier, the financial company is currently the leading student loan refinancing provider having more $1b billion in refinanced student loans, over 300,000 members that have refinanced their student loans and 98% of surveys member recommend SoFi loans to people.
How does SoFi Student Loan Refinancing? In case you are wondering how does it works, you need to complete the full application and you can then select the SoFi loan interest rate and term. Then, you can get your new loan and that’s how it works.
Am I Eligible to Refinance my Student Loans with SoFi?
On the contrary, SoFi’s main objective is to revolutionize financial services thereby improving its system for all members of the platform. However, the platform is offering significant savings and flexibility to all United States citizen or permanent residents that graduate from any of the Title IV accredited university or graduate programs.
SoFi Personal Loans Review
In the meantime, the SoFi personal loans offer you low rates and no fees that come with fixed personal loan rates ranging from 5.99% APR to 20.91%. Many financial services offer members with more than 20% interest on the credit card. But personal loans allow you to save thousands. Whereby providing you low personal loan interest rate alongside a fixed monthly payment. However, the factor that makes SoFi personal loans a good choice or why a SoFi personal loan is good. SoFi personal loan interest rate is very low where you can borrow up to $100K with a low-interest rate of 5.99% APR to 20.91% APR.
In addition, personal loans are the recommended financial services that you need for the following, credit card consolidation, home improvement, medical procedures and lots more.
Am I eligible for a SoFi Personal Loan?
However, in other to acquire the SoFi personal you have to be a Us citizen and also a permanent resident or a visa holder. Also, applicants should be of the age of 18 years and above, also, a resident in one of the SoFi eligible states. In case you’re a permanent resident, you have more than 2 years then your status expires.
How to check the SoFi Loans Interest Rates and How to Apply
Keep in mind, there are still other SoFi financial services you can check out. In terms of applying for loans, you need to, first of all, find the Social Finance loan interest rates, and from that page, you can view the application portal. Therefore, you can simply visit www.sofi.com/home-loans/ on your web browser. next, you can click the SoFi Products at the top-left corner to view more financial services.
In summary, you can read more details while you scroll down to click Find My Rate. However, this will direct you to the SoFi account sign in or log in. Therefore, log in to your SoFi financial account and enter your devices. Finally, you can view the interest rate and apply for loans on Social Finance. If you’re without an account, you can simply sign up or register for the SoFi account online.