Is SoFi loan fake or real? Is SoFi giving away money?

SoFi is a legitimate bank.

SoFi is a nationally chartered bank that offers SoFi Checking and Savings.

SoFi offers a range of unsecured personal loans with competitive interest rates and no origination, prepayment, or late fees.

Checking your rate won’t affect your credit score* and takes just one minute.

It offers customers multiple products and services to help them manage their money, including refinancing loans, consolidating debt, purchasing insurance and investment services.

According to U.S. News and World Report, SoFi has an A+ rating with the Better Business Bureau, but it is not BBB-accredited. In 2021, the Consumer Financial Protection Bureau received 14 personal-loan-related complaints about SoFi.

Is SoFi giving away money?

SoFi has a referral program in which you may earn $50 in shares and contribute $25 in stock.

To qualify, someone must establish a SoFi Invest account and deposit at least $100 using your unique referral link.

SoFi’s referral program has a yearly maximum of $10,000, so you can’t earn more than that.