You can use a SoFi Personal Loan for whatever purpose you may have. While many seek their services to consolidate debt, you can use it to fund your next vacation, pay for a wedding, perform home improvements and much more.

SoFi does not have minimum credit score requirements for their loan services. Instead, they will assess other information such as your cash flow, your ability to repay the loan, your credit history and your financial history. It is important to note that the higher your credit score is, the lower your rates will be.

SoFi offers personal loans at a monthly fixed rate for all customers. That allows consistency on payments because you know exactly how much you owe every month. It also prevents interest rate changes in case you choose a loan with a longer repayment term.