Timely payment of your SoFi loans helps ensure we can continue to deliver great products and services to the SoFi community. As of April 18, 2018, SoFi doesn’t charge late fees on Personal Loans established after that date.
Although you will show past due in our system, we will not report that you are past due to the 3 national consumer reporting agencies until you have been past due for 30+ days.
If you are experiencing a hardship, please reach out to let us know as we are here for our members and have a team dedicated to assisting with these types of circumstances.
Please also note the cut off time for same-day payments is 8:59 PM EST.