Is SoFi safe and legit?

Is SoFi legit? SoFi is a legitimate money management business, even though it isn't a bank. It offers customers multiple products and services to help them manage their money, including refinancing loans, consolidating debt, purchasing insurance and investment services.

Top 1,877 SoFi Reviews -

What exactly is SoFi?

SoFi has long been known as one of the lowest interest rate lenders for student loan refinances, but the so-called not-a-bank recently rolled out an even more exciting financial product. SoFi Money(TM) is a high-interest (0.25% APY) cash management account with no monthly fee, no ATM fees, and no overdraft fees.

SoFi Money Review — Checking with a Solid Interest Rate

What is the downside to using SoFi money?

Downsides. Fees for cash deposits. Cash deposits are accepted only at Green Dot locations. There is a fee of up to $4.95 for each cash deposit.

SoFi Money Review: Online Cash Management Account - NerdWallet

Who is SoFi owned by?

SoFi Lending Corp. is a wholly owned subsidiary of Respondent Social Finance, Inc. 3. Respondents have marketed, advertised, offered, and originated a variety of credit products to consumers, including unsecured loans for the purposes of refinancing consumers' student loans.

Social Finance, Inc. and Sofi Lending Corp., In the Matter of: Complaint

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Great Rates. Great Benefits. SoFi.
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It's a membership—with benefits. SoFi members get access to exclusive events, community dinners, one-on-one career coaching, financial planning, and more. -

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