Original research

SoFi personal loans: what to check before you borrow

What to check

SoFi: a fee can be taken from the loan before the cash reaches you. Check the dollars you receive, not just the loan amount. The legal lender listed in this record is SoFi Bank, N.A.. Confirm the name and terms on your own offer. These facts describe the dated sample, not a promised rate or approval.

By Rung Research · Snapshot September 5, 2026 · Dataset personal-loan-funded-cost@2026-09-05.collection.3

This 17-program sample is not the whole market and cannot predict your offer. CC BY 4.0 covers Rung-owned work, with third-party material excluded. This working report is public. Publisher review and third-party source clearance remain pending; no completed reviewer approval is claimed.

  • Published fee: 0% to 7%. Treatment: deducted.
  • Legal lender: The reviewed current disclosure identifies SoFi Bank, N.A. as the originator of SoFi Personal Loans; participating-bank referrals may be offered separately.
  • State access: not fully established.
  • Still unclear from public sources: full state matrix

These terms may not match your offer

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SoFi terms checked September 5, 2026
What to checkPublished information
ProductSoFi Personal Loan
Provider roledirect lender
APR6.99% to 35.49%
Origination fee0% to 7%
How the fee is chargeddeducted
Loan amount$5,000 to $100,000
Loan length24, 36, 48, 60, 72, 84 months
State or access ruleUnited States subject to eligibility and state restrictions

A deducted fee can make the loan larger than the cash you get

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SoFi: loan amount needed for each cash goal
Cash you needFee basisFee rateLoan amountFee removedFits published range?
$5,000range minimum0%$5,000$0Yes
$10,000range minimum0%$10,000$0Yes
$20,000range minimum0%$20,000$0Yes
$5,000range midpoint3.50%$5,181.35$181.35Yes
$10,000range midpoint3.50%$10,362.69$362.69Yes
$20,000range midpoint3.50%$20,725.39$725.39Yes
$5,000range maximum7%$5,376.34$376.34Yes
$10,000range maximum7%$10,752.69$752.69Yes
$20,000range maximum7%$21,505.38$1,505.38Yes

The legal lender may differ from the brand

Brand or platform: Social Finance, LLC
Legal lender: SoFi Bank, N.A.
Servicer: Social Finance, LLC or affiliate

The reviewed current disclosure identifies SoFi Bank, N.A. as the originator of SoFi Personal Loans; participating-bank referrals may be offered separately.

Public borrower data describes a group, not you

Where the evidence centers: prime center. Evidence type: funded weighted average fico. Confidence: high.

SoFi reported a 745 weighted-average FICO at origination for personal loans in Q1 2026.

People covered: SoFi personal loans reported for Q1 2026. Period end: 2026-03-31.

Most funded-loan records cover a limited group or period

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SoFi: what the funded-loan records show
People or loans coveredComparison classScopePeriod endAPRWhy it stops
all reported originationsBPersonal-loan originations, inclusive of Loan Platform Business volume2026-06-30Not reportedAverage outstanding balance includes balance-sheet, transferred, and referred loans with continuing servicing involvement; it is not the average Q2 original loan amount.
term subsetASeven-year SoFi Personal Loans funded from March 15, 2025 through March 15, 2026, using the no-origination-fee option2026-03-1515.89%The source calls the value an average funded APR but does not publish the denominator on the consumer page. The funded window predates the current rate-table snapshot. The value applies to a seven-year, no-origination-fee option and should not be generalized to other terms or fee choices.

Your state or membership can change the answer

United States offering subject to eligibility and state restrictions.

Public map status: not fully established. Named as included: We could not confirm this. Named as excluded: We could not confirm this.

No named state-specific rule is recorded in the reviewed sources.

Confirm every answer the public pages leave open

  • full state matrix
  • complete eligible-state list
  • named state-specific minimum amounts
  • named state-specific rate caps
  • creditor exceptions by state

Dataset personal-loan-funded-cost@2026-09-05.collection.3. Snapshot September 5, 2026. No independent reviewer is credited.

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Use your current agreement as the final record.

Confirm your APR, fee, cash received, payment, total repayment, loan length, legal lender, and state rules.

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