topic Re: SOFI Approved!!! Amazing Experience! in General Credit Topics

SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 25 Feb 2016 17:46:39 GMT

Hi Guys,

Just want to share my experience with all of you regarding SOFI. It just took about less than 24 hrs from sending the documents to getting the funds in my bank. Absolutely no hassle. I just uploaded the documents they require online and a few phone calls from them for verification ... to money in my bank! I was all approved from what my preapproved offer terms and amount. All I can say is that I recommend SOFI to all of you. Great customer service. The only downside I can say is the Hard Inquiry I got from my Experian report. I was also preapproved by Promise, Lending Club, Upstart and Borrowers First but the amount only range from $15 to $35K and SOFI beat all their APRs. SOFI approved me for the full amount of $50K with an APR of 8.780% for 7 year Variable term. Thank you SOFI!!!

Re: SOFI Approved!!! Amazing Experience!

Appleman — Thu, 25 Feb 2016 18:01:27 GMT

At this point I am pretty sure you are employed by SoFo.com.

Just kidding, I have been following your SoFi story in your other posts and glad to hear it worked out in your favor!

That is awsome how quickly the money ended up in your account. It took 9 days from first pre-qual to cash in my account. There was the 3 day President's day holiday in there for my process. My loan went to the Funding stage in 2 days and then sat there, I finally called, they verified and next day the money was there,

Thanks for posting about your easy SoFi.com process, I am sure many others will be looking for this information.

Can you remind me what the terms you were offered at some the other pre-quals? For me SoFi beat the others by at least 5%.

Very happy for you and I don't really think you work for them, but maybe you should!

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 25 Feb 2016 18:29:05 GMT

@Appleman wrote:
At this point I am pretty sure you are employed by SoFo.com.

Just kidding, I have been following your SoFi story in your other posts and glad to hear it worked out in your favor!

That is awsome how quickly the money ended up in your account. It took 9 days from first pre-qual to cash in my account. There was the 3 day President's day holiday in there for my process. My loan went to the Funding stage in 2 days and then sat there, I finally called, they verified and next day the money was there,

Thanks for posting about your easy SoFi.com process, I am sure many others will be looking for this information.

Can you remind me what the terms you were offered at some the other pre-quals? For me SoFi beat the others by at least 5%.

Very happy for you and I don't really think you work for them, but maybe you should!

LOL ... Thank you Appleman ! ... Yes, I was very surprised how FAST they are ! I might as well work for them now to help out pay the loan ... lol

Here;s my original preapproved offer ...not like the other lenders that's 10+ more APR difference

$50,000 loan

Fixed Rate payment never changes

SelectSelected	3-year	$1,581.04	8.615%	$56,917.44
SelectSelected	5-year	$1,053.15	9.625%	$63,189.00
SelectSelected	7-year	$839.78	10.375%	$70,541.52

Variable Rate lowest payment today

Initial payments and rates shown. The rate cap is 12.49%. If your desired term is not show, please call 1-855-456-SOFI to speak to a customer service representative.

Term Monthly payment Interest rate Lifetime cost

SelectSelected	3-year	$1,558.87	7.655%	Varies
SelectSelected	5-year	$1,014.54	8.030%	Varies
SelectSelected	7-year	$798.88	8.780%	Varies

Re: SOFI Approved!!! Amazing Experience!

Appleman — Thu, 25 Feb 2016 18:44:39 GMT

To be honest after checking out the current offers from LendingClub and Prosper I did not think a personal loan was in the cards for me. They (Prosper and LC) were not going to save me any interest. SoFI saved me quite a bit in monthly interest.

I just got notice that my Student Loans have funded and they will be paying off my current loans.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 25 Feb 2016 18:52:13 GMT

@Appleman wrote:
To be honest after checking out the current offers from LendingClub and Prosper I did not think a personal loan was in the cards for me. They (Prosper and LC) were not going to save me any interest. SoFI saved me quite a bit in monthly interest.

I just got notice that my Student Loans have funded and they will be paying off my current loans.

Lending Club and other banks are great lenders but their APR is higher compared to SOFI. I am glad that SOFI approved me with no hassles at all and was very fast! Congrats on your Student Loan by the way!

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 25 Feb 2016 19:34:20 GMT

I've been pre-approved by Payoff.com, Prosper.com, LendingClub.com, Avant.com, Upstart.com, BestEgg.com, CircleBackLending.com, Pave.com, LoanDepot.com, and PromiseFinancial.com. But not SOFI. For some reason, they don't like me.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 25 Feb 2016 19:51:03 GMT

@Anonymous wrote:
I've been pre-approved by Payoff.com, Prosper.com, LendingClub.com, Avant.com, Upstart.com, BestEgg.com, CircleBackLending.com, Pave.com, LoanDepot.com, and PromiseFinancial.com. But not SOFI. For some reason, they don't like me.

Sorry to hear about that CAPTOOL! ... I wasn't sure neither if SOFI will approved me since I don't have a stellar Exp credit score but I guess my gross annual helped a lot in the approval

Re: SOFI Approved!!! Amazing Experience!

Kidcat — Fri, 26 Feb 2016 02:54:05 GMT

My Sofi loan funded today. Thier APR was much less than Payoff, and Lending Club. Love Sofi. Would recommend to anyone.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Fri, 26 Feb 2016 03:28:53 GMT

@Kidcat wrote:
My Sofi loan funded today. Thier APR was much less than Payoff, and Lending Club. Love Sofi. Would recommend to anyone.

+1 ... and Congratulations!!! Would you mind sharing your APR, terms and amount approved? if you don't me asking

Re: SOFI Approved!!! Amazing Experience!

Kidcat — Fri, 26 Feb 2016 03:31:36 GMT

$24k (approved up to $73k) 8.95% 5 years. Scores are in signature. 6 figure income.

Re: SOFI Approved!!! Amazing Experience!

Kidcat — Fri, 26 Feb 2016 03:33:44 GMT

And like you...I love the service so far.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Fri, 26 Feb 2016 03:34:08 GMT

@Kidcat wrote:
$24k (approved up to $73k) 8.95% 5 years. Scores are in signature. 6 figure income.

Thank you Kidcat! Those are great numbers!

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Fri, 26 Feb 2016 03:34:58 GMT

@Kidcat wrote:
And like you...I love the service so far.

We are both Happy clients !!! lol

Re: SOFI Approved!!! Amazing Experience!

Kidcat — Fri, 26 Feb 2016 03:38:05 GMT

I was a little surprised. You see my score. I heard that they like high scores. However I also know that they like high income.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Fri, 26 Feb 2016 03:49:33 GMT

@Kidcat wrote:
I was a little surprised. You see my score. I heard that they like high scores. However I also know that they like high income.

Same here ... My Ex Fico 8 when pulled was 691, 1 point lower than yours . Sofi looks at gross annual income very closely and I think the income has a lot more weight with the approvals. I also have 6 figure income like yours

Re: SOFI Approved!!! Amazing Experience!

Kidcat — Fri, 26 Feb 2016 03:59:37 GMT

Lets both take care of our loans and keep our scores climbing I added you as a friend.

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Fri, 26 Feb 2016 04:01:36 GMT

@Kidcat wrote:
Lets both take care of our loans and keep our scores climbing I added you as a friend.

Will do Kidkat! You are my friend now .... lol

Re: SOFI Approved!!! Amazing Experience!

chriswith3 — Thu, 26 May 2016 03:59:42 GMT

How did you pass the digital signature verification questions? I failed twice and answered all the questions right

Re: SOFI Approved!!! Amazing Experience!

Anonymous — Thu, 26 May 2016 05:29:42 GMT

@chriswith3 wrote:
How did you pass the digital signature verification questions? I failed twice and answered all the questions right

Sorry to hear. I just filled it out and submit. No issues for me. Try calling them, they have great customer service. Goodluck.

Re: SOFI Approved!!! Amazing Experience!

RonM21 — Thu, 26 May 2016 10:05:35 GMT

@Anonymous wrote:
@Kidcat wrote:
My Sofi loan funded today. Thier APR was much less than Payoff, and Lending Club. Love Sofi. Would recommend to anyone.
+1 ... and Congratulations!!! Would you mind sharing your APR, terms and amount approved? if you don't me asking

+2 Congrats. Not bad terms there