Sofi personal loan

[Sbrooks1]

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. 

[Janneman]

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@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. 

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Any documentation or POI was requested?

[FicoMike0]

Congratulations!

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

[Sbrooks1]

No documentation or POI was requested.