SoFi Personal Loans funded on or after April 17, 2018 have zero late fees. Loans funded on or before April 16, 2018 are subject to late fees.
If your loan reaches 30+ days past due, it may be reported as delinquent to the credit bureaus.
Please also note the cut off time for same-day payments is 8:59 PM EST.
While we highly encourage you to make accurate and timely payments, if you’re worried about making your next payment, please reach out to us. We're here for our members, and we have a dedicated team ready to assist with these situations.