SoFi Personal Loan Review 2026

SoFi personal loans range from $5,000 to $100,000 with APR rates between 8.99% and 25.81%. Unlike many competitors, SoFi charges zero origination fees and zero prepayment penalties.

Current Rates (May 2026)

According to SoFi's official rates page, APR rates are:

• APR Range: 8.99% – 25.81%
• Loan Terms: 24 to 84 months
• Loan Amounts: $5,000 – $100,000

Key Features

• Zero origination or prepayment fees
• Unemployment protection included
• Member rate discounts available
• Fixed rates only
• Fast funding (24 hours)

Pros

• Zero origination and prepayment fees (rare in industry)
• Unemployment protection unique benefit
• Fast funding
• Member discounts and benefits
• No hard credit inquiry for rate check
• Flexible terms

Cons

• Minimum credit score of 680 required
• Credit-dependent pricing
• Debt-to-income ratio limit
• Online application only

Rating: 4.4/5

SoFi earned 4.4/5 based on competitive rates, zero fees, member benefits, and strong customer service. Deducted points because rates are only competitive for 680+ credit scores.