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SoFi began in 2011 as a student-focused lender but has since expanded to offer personal loans and other banking services. LendingClub was founded in 2006 as a peer-to-peer lending platform.
Personal loans, student loans, home loans, and loan refinancing are all part of SoFi's lending services. [93] In 2015, four years after its launch, SoFi had over $6 billion in loans issued, becoming one of the largest marketplace lenders. [94] They continue to maintain a policy of no fees for their loans, aside from the interest. [citation needed]
SoFi Personal Loans. Best for borrowers with good credit. With a rating of 4.5 out of five on Trustpilot, SoFi is a trusted brand in online financial services.
While searching for a personal loan, you may come across PenFed and SoFi — two lenders that offer loans with competitive rates. Founded in 1935, PenFed is a federal credit union that serves ...
Laurel Road and SoFi are online lenders that offer personal loans with similar competitive APR ranges. Established in 2013, Laurel Road is a digital banking platform that offers various financial ...
Private student loans: SoFi’s private student loan offerings include Master of Business Administration (MBA) loans, law school loans, undergraduate loans, parent loans, and more. Personal loans ...
SoFi members (anyone who uses a SoFi product, like Money), get exclusive benefits like member-only events and member rate discounts on SoFi loans. Personal Loans: Apply for a personal loan for ...
You can find personal loans at banks, through credit cards and at digital lenders like LightStream and SoFi. Generally, you can borrow up to $50,000 with two to seven years to pay it back.