So, although SoFi is not a FICO-score driven lender (because they look at your education, employment and cash flow too), they will be examining your credit report. They will want to see a history of repayments. But they will not reject you merely because you have a "thin file" (i.e., a limited credit history).
Even if your credit score is above 700, you might have difficulty getting approved if your report shows missed payments or a rapid build-up of debt.
But if you our score is below 700 because you have limited history with credit (such as being a recent graduate), but never missed a payment, you actually will have a good chance of getting approved.
If you have items in collections, judgments or other negative legal action on your credit report, it is unlikely you will get approved.
Now, if you have a good job and a history off paying your debts on time, SoFi will be a great fit for you.
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