SoFi loans?

[Homerboy]

Has anyone ever used one of these or anything similar? I had to rack up some CC debt this past summer (stupid home expenses) and I'd like to use SoFi Loan to pay them off at a lower rate. The rate I got was way better than what my CC charges me but before I took the plunge, I wanted to check around and see if anyone had any input (positive or negative).

Thanks in advance.

 

[deadlyapp]

I've used personal loans to consolidate credit card balances with pretty good success. Benefits your credit score as a bonus by killing off the revolving amount. Just make sure there is no early pay-off penalty.

 

[Homerboy]

I've used personal loans to consolidate credit card balances with pretty good success. Benefits your credit score as a bonus by killing off the revolving amount. Just make sure there is no early pay-off penalty.

Yes! that's something I was going to make sure to confirm.
Thanks for the info.

Edit: Quick google says prepayments are OK
https://sofilendingcorp.desk.com/cu...e-there-advantages-associated-with-doing-this

 

[IronWing]

I would highly recommend a Highland145 Loan but since he doesn't pay for referrals, I can't do so in good conscience.

 

[highland145]

I would highly recommend a Highland145 Loan but since he doesn't pay for referrals, I can't do so in good conscience.

SOFI pays $300 so if OP knows someone using them now.... I might slip you a $20. And 15%APR in unconscionable.

Never heard of them but google-fu looks pretty good.

 

[Homerboy]

SOFI pays $300 so if OP knows someone using them now.... I might slip you a $20. And 15%APR in unconscionable.

Never heard of them but google-fu looks pretty good.

Don't know anyone using them sadly. I admit I stumbled across them after being inundated with their adverts during the MLB postseason

 

[Ken g6]

If I had to get a personal loan I'd get it from a credit union.

 

[monkeydelmagico]

HELOC