SoFi: Personal Loans for Medical Expenses
Borrow between $5k-100k at fixed rates that start from 5.95% to 14.24% and variable rates from 4.83% to 10.63% APR (with autopay)*
With skyrocketing healthcare costs, medical expenses can be difficult to handle. SoFi Personal Loans give you the ability to cover your medical expenses at low-interest rates so you can focus on your physical well-being, not worry about your financial health.
Use it to pay for elective procedures that insurance may not cover, including bariatric surgery, cosmetic surgery, dentistry, and more.
Susan Devine, Columbia University, Los Angeles, CA
If you have great credit and would like to get a pre-approval in under 5 minutes:
SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including the term of the loan, a responsible financial history, years of experience, income, and other factors. Rates and Terms are subject to change at any time without notice and are subject to state restrictions. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636.
*Fixed rates from 5.95% APR to 14.24% (with AutoPay). Variable rates from 4.83% APR to 10.63% (with AutoPay). Loans are not available to residents of IL, MS, and NV. Maximum interest rate on loans for residents of AK, NH, OK, TX and WY is 9.99% APR. Personal loans not available to residents of Michigan who already have a student loan with SoFi. Personal Loans Minimum loan amount is $5,000. Residents of AZ, MA, and NH have a minimum loan amount of $10,001. Residents of KY have a minimum loan amount of $15,001. Variable rates not available to residents of AK, CO, CT, HI, KS, NH, OK, SC, TX, VA, WY. SoFi rate ranges are current as of June 1, 2016, and are subject to change without notice. Interest rates on variable rate loans are capped at 14.95%. See APR examples and terms. Lowest variable rate of 4.83% APR assumes current 1-month LIBOR rate of 0.45% plus 4.30% margin. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income, and other factors. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.