|Loan Type||Personal Loans|
|Loan Amount||Up to $100,000|
|Repayment Terms||36-84 months|
|Typical APR||5.95%-14.99%(fixed and variable rates)|
|Time to funding||Typically 7 days|
|Soft credit check?||Hard Pull|
|Best for||Good credit, high income, debt consolidation|
SoFi is the second largest marketplace lender around today, providing student loan refinancing, mortgages, and personal loans. With over $14 billion in loans issued to date, SoFi offers some of the most attractive rates in the industry. They can do this given their nontraditional underwriting approach that takes into account merit and employment history, among other factors.
It takes approximately 2 minutes and a soft credit pull to check rates. However, if you decide to continue with the full application process, they will need to do a hard pull.