Technical information on the SoFi application

Application SoFi
Type Public Company
Headquarters San Francisco, California, U.S.
Owner Softbank Group
Key people Anthony Noto (CEO)
About SoFi App

SoFi app is an excellent experience for the right borrower to get loans. It is an online process, and rate quotes are available without a hard credit pull. Sofi app offers a convenient, straightforward application process and competitive rates. We can apply for the loans but may need to wait up to two weeks for approval.
SoFi app download for iOS and Android mobile phones is entirely free.
You can download the SoFi app APK from the Play store for Android phones and Appstore for iOS phones.
Install the free SoFi app downloaded by more than ten lacks people.
Download the latest version of the SoFi app for your smartphone and start booking for your friends and family.
To download the SoFi app on Windows and Mac.

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Company Overview

Social Finance, Inc, or Sofi, is a fintech company founded in 2011 by students at Stanford Business school. Headquarters in San Francisco, Sofi initially offered student loan refinancing but has later included other commodities and services, including mortgages, personal loans, and crypto trading.

Types of personal loans offered by SoFi

SoFi app offers personal loans for several purposes, with variations in your expected uses.

Using personal loans for credit card strengthening, family planning, weddings, home improvements, etc., can not use the Sofi app for student loans. Sofi offers several loan products, including under-graduated and graduate student loans, parent-to-student loans, and mortgages.

SoFi personal loan

  1. Fixed rates.
  2. Unsecured loans.
  3. Co-borrowing as allowed.
  4. Co-signers are not allowed.

Features of personal loan

  1. Multiple Loans are allowed.

    We can take the Sofi personal loans at a time. One of the most eligibility requirements includes making your last three payments on time.
    Suppose you qualify for a member discount of 0.125% interest.

  2. Unemployment Protection

    SoFi could give your monthly loan payment. Unemployment protection is available in 3-month increments for 12 months overall.

  3. Member benefits

    Membership benefits include monetary planning, inexpensive estate planning, and free one-on-one career coaching.

Pros of SoFi App

  • Free of cost.
  • Personal loans are made easy.
  • Mobile Check Deposit.
  • It will access the Sofi member benefits like career coaching and financial advising.
  • It offers to co-sign loan options.
  • It will access the mobile app to manage your loan.
  • Sofi offers unemployment protection.
  • Offers the 0.25 percentage point rate discount for setting up an autopay.
Cons of SoFi App

  • No secured.
  • There is no joint loan option.
  • It gives a high minimum loan amount.
  • It is a little track recorder for an investment firm.


  1. Camera

    Allow to take photos.

  2. Wifi

    To get net without interrupts.

  3. Photos

    To take pictures.

  4. Storage

    To store media files and data.