From application to supplying require documentation, the entire experience was great. SoFi requested 3 documents from me: State Issued ID, Utility Billing Statement, Banking Statement. SoFi has internal systems to verify payroll information automatically so there was no need to PDF print anything out and fumble with tons of documentation. The entire process was quick, online and expedited - what you would expect from any modern company but rarely receive. Sofi is way ahead of the game in this regard. Upon submitting my application and requested documentation I had to wait 4 days for approval. From approval to funding, I waited a single day for my loan funds to hit my bank account. It's very easy to explain how simple the process was, but I want to explain how reliable SoFi is. I have applied for and received approval for loans in the past - but at predatory rates (25%+). I have never been great at managing money, I have a great job that pays well, but I was never taught to control and limit my spending habits. As a result, I quickly racked up $10,000+ in credit card debt. Since digging this hole I have done more to limit my spending on frivolous things, cut up cards to specific accounts and closed my most recent cards that were under a year old. I took several classes offered at work that were aimed at bettering financial self-control. I have a long way to financial freedom, but SoFi approved me for a loan to pay this debt off at an interest rate FAR lower than my credit card accounts (-10%). I have already paid my accounts off and it feels like a huge weight has been lifted off my shoulders. I truly appreciate the service SoFi provides. They truly are looking to help people that show signs and progress towards bettering themselves financially - this includes paying off accounts, making larger than normal payments to bring those balances down and no history of late payments. Thanks to you as well Credit Karma for linking me to such a great company. Like you, they are also looking to better prepare their customers financially.

Denied with a 758 score, Perfect pyment history and extremely low credit card balances. Reason is that I'm self employed. If they can't help me then SOFI is no different than a regular bank. Very disaapointing