Unique Selling Point:
With SoFi Unemployment Protection, if you lose your job through no fault of your own, you may apply to suspend your monthly loan payments for up to 12 months. SoFi can also provide job placement assistance during your forbearance period.
Who is this app for:
If you’re someone who has good credit or a high income with low expenditure , SoFi’s personal loans may be for you. Offering low rates, no fees and flexible payments, SoFi is a solid choice with a company that is already an established name in the fintech world. For those who are already SoFi customers, SoFi’s personal loans integrate seamlessly with your existing account, allowing you to manage all of your spending, loans and investments in one place. Founded in 2011 SoFi has quickly become one of the biggest consumer finance companies in the US, with millions of Americans choosing SoFi for all of their financial needs.
Bonus points:
– With SoFi’s wide range of financial products, SoFi customers can manage their investments, retirement accounts, spending, loans, credit score and more all in one place.
– SoFi members get access to exclusive benefits such as career coaching, financial planning and exclusive experiences.