With debt consolidation, you get one new loan, ideally at a lower cost, and that is used to pay off an array of debts. You can then focus on paying off your new, single loan and getting rid of that amount of debt hanging over you.
Does Sofi offer debt consolidation?
SoFi offers personal loan debt consolidation to help you take back control of your financial future. Your rate will never increase over the life of your loan. 3 SOURCE: CreditKarma.com accessed on 1/29/24. 4 SOURCE: Bankrate “What Is the Limit for a Balance Transfer Card?” accessed on 1/29/24. What Is Debt Consolidation?
Does Sofi offer unsecured personal loans?
SoFi® is an online lending platform that offers unsecured personal loans in every state. Loans between $5,000 and $100,000 are available for terms ranging from two to seven years. While the minimum credit score requirement is 650, high-qualified applicants can score large loan amounts and the lowest interest rates.
