How is a SoFi Personal Loan different from credit card debt? February 24, 2020 21:37 Updated SoFi Personal Loans have a fixed repayment term. Credit cards often have high variable rates and no set repayment term. Related articles Are there any origination or prepayment fees? How long does it take to receive the funds? Will applying for a personal loan affect my credit? Can I have multiple Personal Loans with SoFi? How can I amortize my personal loan?