Keep examining sporadically observe exactly what Sofi will give you all the couple of months. We refinanced with Sofi directly into good 5.35% speed (5.1% adopting the automobile-shell out appeal disregard) which have a good 10 seasons financing (
$125k equilibrium). I then refinanced that have Sofi once again into a beneficial 4.0% interest (step three.75% pursuing the auto-pay dismiss) which have a good eight year loan (
Merely something you should bear in mind continue checking right back on the costs since it doesn’t rates almost anything to continue refinancing that have Sofi. SaguaroSpines to your reddit, 8/
The guy verified that the financing got gotten during the XXXX XXXX XXXX XXXX which checking account XXXX try under the term XXXX XXXX
A great deal more unfiltered customers analysis off SoFi appear from the TrustPilot (4.six regarding 5), and you will ConsumerAffairs (2.8 away from 5).
SoFi Consumer Issues
While the consumer finance companies, student loan refinancing loan providers fall under the brand new legislation of the Individual Monetary Defense Agency (CFPB), a national agencies. Within the mission, the brand new CFPB lets people so you’re able to journal certified complaints. These problems try in public places available on this new CFPB certified website.
As the , users has actually filed 1,296 complaints on SoFi for typically that (1) problem all about three (3) days; which is almost fifteen moments the typical day-after-day ailment rates among examined lenders. One of several 601 grievances that have public narratives, at the very least 58 (9.65%) resource student loan refinancing.
Users document this new yearly exact carbon copy of one (1) ailment each $5.326 billion when you look at the projected business funds or you to (1) issue per sixteen staff.
The allegations made in these complaints are unverified, are never representative of all consumers‘ experiences with SoFi, and will get incorporate outdated information (about rates, bonus offers, etc.). Note that a lender with a large customer base is likely to also have a higher number of complaints when compared with smaller lenders.
Less than we integrated about three (3) of the most extremely recent and related issues (as of this writing) in which the individual consented to sharing the info.
On XXXX I received a text message from phone number XXXX that my SOFI loan was in process, but that additional information was required to secure the loan. The message included a link to complete the application. I had not started a loan application or any inquiry into a loan application and I assumed this was a fraudulent text. I replied STOP to opt out of any future correspondence. Aprox. On XX/XX/22 I received multiple calls from XXXX phone number XXXX requesting information to complete another loan application. This prompted me to check my credit report. Upon which time I noticed that SOFI had pulled my credit on XX/XX/22. I called SOFI and learned that a personal loan in the amount of <$1>had been dispersed to XXXX XXXX XXXX XXXX XXXX XXXX XXXX. SOFI had all of my personal information on file ( XXXX, XXXX, Home Address, Phone, etc. ) I notified SOFI that this was a case of identity fraud and as of XX/XX/22 my case was being reviewed by their Fraud Dept. I called XXXX XXXX XXXX Bank and spoke to XXXX XXXX ( phone XXXX ) who works in their Fraud Dept. SOFI keeps forwarding me to their Fraud Investigative Team phone number ( clickcashadvance.com online personal loans XXXX ) that goes straight to voice mail. I can not get a valid case number or confirmation number and they will not give me a phone number or email address to call them directly. The funds have already been dispersed and I want this transaction wiped from my credit and all of my personal information removed from XXXX XXXX.