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Social Finance

Social Finance

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2.3 Google Review
375 Healdsburg Ave #280, Healdsburg, California, 95448, United States
(855) 456-7634 www.sofi.com
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Dec 21, 2017
Social Finance? Please. SoFi is not reputable or trustworthy. You can be pre-approved for a loan and then submit your application (whilst nothing at all has changed on your credit profile) and be denied for ridiculous reasons. It seems like SoFi declines loans using the dartboard method: They just throw a dart at a dartboard randomly and choose the reason for denial based on where the dart lands. I had a 750+ credit score on Experian (which is the bureau they use) and four inquiries and using

Nov 30, 2017
data mining.. they're referral program is a FRAUD. I've send many many customers.. THEY DON'T ACTUALLY APPROVE ANYONE.. THEY FORWARD ALL THE INFO THEY ARE NOT A BANK

Jun 7, 2017
This is a data mining company, not a legitimate lender. On the surface they promise low rates with quick turn around and no hard credit checks. Two months into my application, following countless additional documents, requirements conveniently not mentioned on their website or by the lending agent when enquiring about the necessary documents prior to the hard credit check. After conducting TWO hard credit checks, destroying my perfect credit score, my loan was approved at 4 times the rate indicated on their promotional page. I called to find out if I could get a lower rate, at which point they suggested I reapply, and canceled my original application, without my knowledge. When I logged back in to find out what the hold up was, it stated on my application that I had voluntarily withdrawn my application. When I contacted the owner of SoFi, I received a series of generic pre-formatted replies, similar to the bot like replies I got throughout the loan process. This is clearly some sort of data mining site. They do not issue loans, even to people with exceptionally high income and perfect credit, like myself.

Apr 14, 2017
Here you will get small rate of discount if you already have another SOFI account

Dec 6, 2016
Note their mortgage doesn't take gift as the part of down payment and reserve for more than 5%. This policy is not in anywhere on the website, phone, and ads. They will not tell you until they collect all your information and made a hard pull credit report.

INDUSTRY BLOGS

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