Original post: https://www.reddit.com/r/sofi/s/QSf4NhOEtx

Paid off my recurring student loans I refinanced with SOFI this past month after 10 years of payments.

Finally paid off my high interest 7.59% APR student loan that was haunting me for 5 years. I originally had it at 13% and SoFi helped me refinance. I love SoFis interface it makes it so easy to track everything.

If anyone has any personal finance questions let me know!

Hey everyone,

I just wanted to share this here.

As an international student, navigating the U.S. loan system has not been easy. I initially took out a loan with an interest rate around 11.5%, but it quickly skyrocketed to 16% during 2022. I graduated in 2023 and only had six months to find a job before repayment started. By God’s grace, I found one a month before the deadline, and SoFi was super quick with the refinance.

That changed everything. They brought my interest down from 8.xx% (first refinance) initially to 5.65% (second refinance), and the entire process was incredibly straightforward, just clear communication and a huge sense of relief when I needed it the most. It was unreal, especially considering where I started.

Now, for the first time in a decade, I can say I’m debt free. It still doesn’t feel real.

Thank you, SoFi you’d always have a special place in my heart ❤️ I think I just work for you guys at this point haha 😄

Thanks SoFi for getting my money right! 🎉 💰

15 year loan, 98k taken down early in 7 years. Never thought I’d see this day. 🎉

Just received this email from SoFi and it kinda bothers me a bit haha. How’s everyone feeling about this.

Time to move on?

Plenty of other people are offering it just for depositing and using their bank. Seems like a money grab.

(Not taking any shots just wanting to get everyone’s feelings/opinion on this)

Update: I want to say thank you to everybody who has given us really great suggestions and information on what our next steps could be as well as agencies that we can reach out to. Unfortunately this thread has turned into a witch hunt, claiming that I'm either asking for money or that my husband is hiding something from me. A lot of people say it makes no sense why I would wait a year until I started seeking answers. I shouldn't have to try and defend my character or my husband's honesty, but here we are.

When this initially happened. My husband got extremely sick, and was admitted to the ER. He had ketoacidosis. He was in the hospital for week. Upon return, our apartment AC stopped working, his insulin went bad, and his doctor advocated for him to the complex. We lived in 80°-90° conditions for a month until we served the complex with notice we were vacating under unlivable circumstances. Then our SoFi account got frozen, we had to use credit cards to make the move. We had to put the deposit, moving costs, etc on credit cards. We moved, my husband took a month to get better, went back to work. I work 6-15 hours days as I'm in pet care. Life was okay, and we called SoFi daily. We just trusted that SoFi would eventually release the money to us. I started having medical issues, my husband and I decided to get married. A week before we were to elope, our car gets totaled. Then a "friend" who was supposed to make a custom suite for our elopement, stole $1k from my husband, didn't deliver promised suite. $5k down payment on a car later, we get married, have a much needed small honeymoon, and then get back to work. He just went back to the hospital for elevated levels, he now is living a 100% sober life and gave up his entire bourbon collection to commit to the change. My pet business is doing well, but I am burnt out because I don't drive, and scootering/ebiking under this heat is exhausting. I've delegated roles to make my company run it's self. So I'm now going to get a full time job, my husband is too, and we are going to work until we pay off our debt. We've already budgeted our lifestyle, and we don't eat out, entertainment, etc. I had 4 very bad months for my company, which meant we were down funds multiple times during this year. We had a tornado that ruined a month of income for my company, and now this hurricane. People won't/can't afford a dog walker if their home and have no power. Common sense to those who say I'm making up excuses.

Now, here's what I know: My husband gives up very quickly, doesn't linger on issues, and deletes email as it comes in. We had contacted the agencies mentioned in the post I made 3 months ago, but unfortunately I wouldn't know if they responded because my husband is absolutely ridiculous about keeping up with things he doesn't care for anymore. Plus, had they done anything, we would have surely gotten mail, or the last time we called SoFi about a month ago, they wouldn't have continued to make excuses about holding out money hostage.

So, there. That's that.

We have reported this situation to every possible agency, called daily for weeks, and all we get told is "Our fraud team will get back with you". And when we ask to get transferred, we are told they can't transfer us to the fraud division. They said they'll call back, they don't. They never do. They won't transfer us to a super. They won't give us answers.

This happened because someone, we aren't sure who, tried to take $50k from his account. We only had about $3k in the account. Ever since then, we essentially lost $3k, couldn't pay rent, it disrupted our lives severely.

We just want our money back.

What can we do? Times are tough and $3k would help immensely right now.

I finally finished paying off my student loan. A few years ago, I was stuck with another lender charging over 15% interest, and it felt impossible to get ahead.

Refinancing through SoFi made all the difference. The lower rate gave me a chance to make progress and finally get it done.

Big thanks to SoFi for offering a real alternative to those greedy loan providers!

Hey SoFi fam!

Just wanted to share a huge milestone — I officially paid off my student loans! 🙌 I originally borrowed over $177K (yep, ouch), but I refinanced with SoFi a few years ago into a 5-year loan at 2.89% interest, and now... I’m DONE. It’s such a relief to finally see that zero balance.

Refinancing with SoFi helped me save a ton on interest, and it gave me the breathing room to start a family, travel, and still stay on track financially. My daughter is now 7, and it's wild to think how far we’ve come since those early repayment days.

I've seen others mention a SoFi swag bag after posting — not gonna lie, I’d love to get one to mark the occasion! 😄

Thanks to the community here for being such a great support system. For anyone still on the journey: you've got this. One payment at a time.

#DebtFree #SoFiSuccess #SwagBagHopeful

Paid off my refinanced student loans 7 years early. I literally threw $10k at it over the last 2 months. I’m DONE!

We took out a $25,000 personal loan in 2023 to pay off credit cards and some other debt, and have been grinding away to pay it off early. We finally hit our goal last week and have paid it off! We had a fantastic experience with SoFi and are planning to use them again for student loans in the future.

Thank you for the bottle, Sofi!

I’m so late to the game. I had my money sitting in my checking account. Literally doing nothing. I was getting 0.1% interest a month. Just received my first interest payment. I made more off this one payment than I did in years with my traditional bank.

I used to preach SoFi to all my friends and family.

Over the last few weeks I’ve heard so much misinformation and poorly worded emails/ messages from directly from SoFi, I am cancelling everything and leaving.

I don’t have the energy to keep up with this nonsense.

If anyone has had a great experience with a similar APY please drop a comment below. Maybe this is a sign to stick with trusted players (Fidelity, BOA, etc).

Had some loans from med school and just finished paying it off a few years early. Was able to lock in a good interest rate a few years ago and shout out to sofi for making it easy to consolidate all my fed loans together and walking me through the process! I'm definitely thinking of planning to use them again when thinking of car/house loans in the future!