SoFi Personal Loan
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$5K-$100K loans, fixed APR 8.99-29.99%, no fees, member benefits including career coaching. Best for prime borrowers.
Apply at sofi.com — they offer a rate quote with a soft pull. SoFi members get rate discounts (0.25% APR discount) for setting up autopay, which is worth doing.
SoFi's Personal Loan is the right pick if you have prime credit and value member perks. APR range 8.99-29.99%, $5K-$100K loan size, no fees of any kind, and member benefits that include free career coaching, financial planning, and unemployment protection (pause payments for up to 12 months if you lose your job and can document it). The catch: SoFi tends to decline applicants below 680 FICO and prefers $75k+ income. For who they accept, it's the best deal.
Pros
- No origination fee, no prepayment penalty, no late fee
- Member benefits including unemployment protection
- $5K-$100K loan range
Cons
- Declines fair-credit (<680) applicants frequently
- Slower funding than LightStream (2-7 days typical)
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