Social Finance

I'm a big fan hands down. I consolidated may credit card loans under SoFi a couple of years ago. Their interest was much lower than what I was able to shop around for and their terms were decent. The process of getting approved was much faster too. I eventually paid off my consolidated loan but become a customer of their "money" feature (which is a bank basically). I love it because they reimburse you for any fees you pay to access your money. The only down side is how fast transfers between my SoFi account and my Chase account move. The other big perk, which take the cake, is their access to their services. I used their Career Coaching services. I had been in same position as a senior analyst for almost four years and I wasn't sure if I wanted to apply for a management position within m

This is a data mining company, not a legitimate lender. On the surface they promise low rates with quick turn around and no hard credit checks. Two months into my application, following countless additional documents, requirements conveniently not mentioned on their website or by the lending agent when enquiring about the necessary documents prior to the hard credit check. After conducting TWO hard credit checks, destroying my perfect credit score, my loan was approved at 4 times the rate indicated on their promotional page. I called to find out if I could get a lower rate, at which point they suggested I reapply, and canceled my original application, without my knowledge. When I logged back in to find out what the hold up was, it stated on my application that I had voluntarily withdrawn m

I've gotten my 2nd personal loan from SoFi. They are hands down the best rates and best amount offered by any lenders (I've shopped around and been denied by many with no reasons what so ever or pitiful counter offers, including Wells Fargo, Citi bank, and some local ones. Disclosure, I do fit the box of high credit score and above average income, so perhaps that made it easy, but every time I called customer service I had no issues. I've now recommended this for every property lender I've spoken with as a method for acquiring additional capital for what ever reason. I would recommend auto pay as well, as it gives the best discounted rates.

I got a call from this number specifically telling me that they are from SOFI and asked me for my SSN with NO information of the purpose of their call. His excuses was, "I'm unable to disclose that until you inform me of your SSN". This is extremely poor as no information was provided to the reasons as to why they are giving me a call and just demanded my SSN. He refused to inform me the purpose of the call until my SSN was provided. As I refused, he said he'll provide an email instead in which I NEVER received an email from him later. This can easily be a scam and anyone can call and state that they are from SOFI and demand for personal/sensitive information.

Social Finance? Please. SoFi is not reputable or trustworthy. You can be pre-approved for a loan and then submit your application (whilst nothing at all has changed on your credit profile) and be denied for ridiculous reasons. It seems like SoFi declines loans using the dartboard method: They just throw a dart at a dartboard randomly and choose the reason for denial based on where the dart lands. I had a 750+ credit score on Experian (which is the bureau they use) and four inquiries and using <1% of my $75,000.00 available credit. I was pre-approved but then declined for seemingly no reason. SoFi bills themselves as a non-traditional bank or lender; that's true, they're beneath traditional banks!