You can manage your autopay from your SoFi account very easily and gain a .25% interest rate reduction when you set it up! See below for different ways to manage your autopay.
To update or set up a new autopay, follow these steps!
1. Log into your SoFi Account
2. Click on your Personal Loan card in your member dashboard
3. Click on the Personal Loan link
4. Click on Manage Autopay under the Payment section
5. Select how much you'd like to pay each month and click Next
- If you elect to pay extra, enter in the additional amount you'd like to pay each month then click Next
6. Select the bank account you'd like to pay from the drop-down and click Next
- Need to add a new account? Click the drop-down and select Add or manage account to enter in the account details in the pop-up and click Add account
7. Review your autopay details and, if correct, check the checkbox and click Set up autopay
8. Once successfully set up, you can click Done!
⚠️Did something go wrong? Call or chat in and one of our agents can help you troubleshoot!
Need to cancel autopay? Super easy! Login, click on your loan, click Manage Autopay and then click Cancel autopay
Please note, turning off autopay will remove the .25% interest rate discount and re-amortize your loan