Is sofi.com/mail Legitimate?
Yes, sofi.com/mail is an official direct mail portal for SoFi Bank, N.A. SoFi (Social Finance) is an FDIC-insured digital bank that provides personal loans from $5,000 up to $100,000 with competitive fixed interest rates and flexible loan terms ranging from 2 to 7 years.
When you enter your reservation code at sofi.com/mail, SoFi performs a soft credit inquiry to display pre-screened rates, which will not impact your credit score.
Where to locate your Reservation Code
On physical sofi.com/mail letters, your reservation code is located in two main spots:
- In the top-right callout box on page 1 of your invitation letter.
- Directly next to your pre-approved loan amount on the reply form.
SoFi Personal Loan Fine Print & Fee Table
| Feature | Advertised Term | Fine Print Details |
|---|---|---|
| Origination Fee | 0.00% to 7.00% | Standard loans have $0 origination fee. Borrowers can choose an optional origination fee in exchange for a lower fixed interest rate. |
| Fixed APR | 8.99% to 29.99% | Includes a 0.25% discount for setting up Autopay and an additional 0.25% discount for direct deposit setup. |
| Prepayment & Late Fees | $0 (No Fees) | SoFi charges $0 in late fees, $0 prepayment penalties, and $0 insufficient fund fees. |
Frequently Asked Questions
Does checking rates at sofi.com/mail lower my credit score?
No. Submitting your code at sofi.com/mail uses a soft credit check to show personalized rate options. Your credit score is only checked with a hard pull if you accept an offer and complete loan underwriting.
What perks come with a SoFi personal loan?
SoFi offers borrower protections including Unemployment Protection (temporarily pausing principal payments if you lose your job), free financial counseling, and rate discounts.