SoFi: Best Overall

SoFi personal loans combine attractive interest rates with impressive benefits, like the ability to temporarily pause your payments if you lose your job. Interest rates start as low as 5.99% with autopay. Qualified borrowers may receive up to $100,000 in funding, making SoFi a solid all-around choice.


  • Low interest rates available for well-qualified borrowers
  • Unemployment protection available if you lose your job
  • High loan amounts available to borrowers with sufficient income and credit to qualify


  • Better interest rates available with other lenders for borrowers with excellent credit
  • Funding may take a few days, which is longer than some lenders take
  • Good credit required to qualify for a personal loan with SoFi

Other important information:

  • Minimum/maximum amount you can borrow: $5,000 to $100,000
  • APR range: 5.99%–18.53% (with AutoPay discount)
  • Fees: None
  • Minimum recommended credit score: 680 or higher is recommended
  • Other qualification requirements: Besides your credit score, SoFi will also consider your credit history, income, employment, and other factors when reviewing your loan application
  • Repayment terms: Choose two- to seven-year repayment options
  • Time to receive funds: It may take several days between the time of your application and when funds are deposited into your account
  • Restrictions: To be approved you need to be 18 or older and a U.S. citizen (or permanent resident or visa holder). SoFi loans are currently available in every state except Mississippi

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