Personal loan
Hi Terry – just wondering what your thought is about the Sofi personal loan option to pay off credit cards. Currently I have about 25,000 in credit card debt and wondering if this is a good option. Thanks
Terry Says
I’m not familiar with the plan, but read the terms and conditions. Here’s a basic primer on SOFi loans:
Top 141 Reviews From Legit SoFi Buyers (consumeraffairs.com)
The one thing you need to remember is that you MUST put those other cards away, and not charge them up again! YOu need to keep your longest-held card to build your credit history. But if you have several cards, you might want to close some.
