topic Re: Sofi personal loan in Personal Finance

Sofi personal loan

Sbrooks1 — Fri, 04 Jul 2025 15:33:38 GMT

Applied on 7/3 and was approved for 20000 , 4 yr term accepted at 8.5%. Pulled Exp @ 784. Sofi paid off the CC on 7/3 and the remaining 4800 deposited to Pen Fed today, 7/4. All happened in less than 24 hours. Just a few data points for those considering Sofi loan. Easy experience.

Re: Sofi personal loan

Janneman — Sat, 05 Jul 2025 09:14:08 GMT

@Sbrooks1 wrote:
Applied on 7/3 and was approved for 20000 , 4 yr term accepted at 8.5%. Pulled Exp @ 784. Sofi paid off the CC on 7/3 and the remaining 4800 deposited to Pen Fed today, 7/4. All happened in less than 24 hours. Just a few data points for those considering Sofi loan. Easy experience.

Any documentation or POI was requested?

Re: Sofi personal loan

FicoMike0 — Sat, 05 Jul 2025 14:24:29 GMT

Congratulations!

That's a good move. A lot lower than cc rates and unloads some revolving utilization. Good for finance and fico.

Re: Sofi personal loan

Sbrooks1 — Sat, 05 Jul 2025 16:29:19 GMT

No documentation or POI was requested.