SoFi Debt Consolidation Loan

Consolidate your credit card debt into a single monthly payment with no fees and same-day funding. Borrow between $5K and $100K with fixed terms.

Last checked on June 12, 2026. We may earn a commission when you click through.

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SoFi offers a approach to debt consolidation with and flexible terms.

✓ No origination fees or prepayment penalties ✓ Same-day funding available ✓ Flexible loan amounts from $5K to $100K
Consolidation SoFi

SoFi Debt Consolidation Loan

Updated 3 days ago

At a Glance

Representative APR

7.74–35.49%

Loan Amount

$5,000–$100,000

Term

24–84 mo

Decision

Same day funding available

No impact on your credit score Check eligibility →

You'll be redirected to sofi.com

Eligibility Requirements

Minimum credit score 680
US citizen or permanent resident
Employed or have regular income

About this loan

Consolidate your credit card debt into a single monthly payment with no fees and same-day funding. Borrow between $5K and $100K with fixed terms.

Our Verdict

SoFi offers a approach to debt consolidation with and flexible terms.

Best For

This loan is ideal for borrowers with a solid credit score looking to simplify their payments without incurring additional fees.

Watch Out

Borrowers should note that a minimum credit score of 680 is required, which may exclude some applicants.

What Customers Say

Borrowers appreciate the quick funding and straightforward application process but express concerns over customer service.

Expert Analysis

If you're struggling with multiple credit card debts, SoFi's Debt Consolidation Loan could be a viable solution. With APRs ranging from 7.74% to 35.49%, it offers a chance to lower your interest costs. The loan amounts vary significantly, from $5,000 to $100,000, accommodating various financial needs.

The application process is with same-day funding available, good option for urgent financial needs. Plus, there are no origination fees or prepayment penalties, so you can pay off your loan early without extra costs.

However, keep in mind that the minimum credit score requirement is 680, which might limit access for some potential borrowers. If you have a lower score, exploring alternatives like LendingClub or Upstart, which may cater to a broader audience, could be worthwhile.

SoFi's customer service receives mixed reviews, so be prepared for potential delays in communication. Overall, this loan can help those with good credit consolidate debt efficiently and affordably.

Check eligibility →

You'll be redirected to sofi.com

Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.

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