SoFi
Learn more
in our Bankrate review
Bankrate’s view
SoFi is an online lender that offers resources and financial education coaches to help borrowers responsibly manage loan payments. You may be eligible to borrow up to $100,000 — in addition to a variety of other banking services offered by SoFi. It also offers autopay discounts along with member rewards. And best of all, SoFi has optional origination fees and no prepayment penalties, allowing you to tailor your payments to your needs.
Pros
- Optional fees
- Autopay discount
- Option to prequalify
Cons
- Good credit required
- No cosigners
- High minimum loan amount