To access your SoFi Plus benefits, including rate discounts on loans, you must first receive an eligible direct deposit into your SoFi Checking or Savings account — setting up direct deposit alone doesn’t automatically unlock your benefits. It can take 2–5 weeks for your first eligible direct deposit to arrive [...]
Last year, we set out a mission to democratize access to family-sustaining wealth by establishing the SoFi Generational Wealth Fund. Through these initiatives, we focus on empowering underserved communities to get their money right and achieve their ambitions so we can help close the generational wealth gap in America. So [...]
If you’re using direct deposit for SoFi Plus, remove or sop your direct deposit through your employer’s HR poral to cancel. Once your direct deposit access expires (this can ake up to 75 days, but usually shorer), you’ll receive an email saying your SoFi Plus membership has ended and you [...]
Once we receive your first direct deposit, we’ll stop charging the SoFi Plus subscription fee, and you’ll keep all your premium SoFi Plus benefits for free. We’ll also issue a prorated refund for any unused days from your last payment, which should arrive within 5 to 10 business days. The [...]
Currently, SoFi does not offer loan applications or documentation in Spanish. Although Spanish-speaking customer service agents are available to assist with loan origination and servicing, the loan application process and all related documentation are provided in English. The post Does SoFi provide an application experience in Spanish? appeared first on [...]
Currently, SoFi does not offer loan applications or documentation in Spanish. Although Spanish-speaking customer service agents are available to assist with loan origination and servicing, the loan application process and all related documentation are provided in English. The post Does SoFi provide an application experience in Spanish? appeared first on [...]
If you’re more than 30 days past due on required payments while in school, your upcoming loan disbursement(s) are subject to cancellation in accordance with your loan agreement. We’ll also inform your school. We’ll notify you (and your cosigner, if applicable) a few days after your first missed payment to [...]
If you’re more than 30 days past due on required payments while in school, your upcoming loan disbursement(s) are subject to cancellation in accordance with your loan agreement. We’ll also inform your school. We’ll notify you (and your cosigner, if applicable) a few days after your first missed payment to [...]
Across the finance industry, there’s been an increase in fraudulent and imposter activity, and SoFi has not been spared. With that in mind, we wanted to take a moment to remind you where SoFi operates, how to recognize a scam, and where you can report suspicious activity. At SoFi, we [...]
How It Works is an ongoing series here on our blog, exploring and demystifying topics about which we hear often from our members and the public. Today, we’re taking a look at how SoFi makes money. [UPDATED 11/21/2024 to include additional information on how SoFi Invest makes money.] SoFi is [...]
