{"slug":"sofi-vs-discover-personal-loans)","question":"SoFi Personal Loans vs Discover Personal Loans","answer":"SoFi offers lower starting APRs (5.99%) and larger loan amounts up to $405,000, while Discover provides faster funding (as soon as next business day) and lower minimum credit scores, making it accessible to borrowers with fair credit.","answer_curated":true,"verdict":"Choose SoFi if you have good-to-excellent credit and need a large loan amount with competitive rates and flexible terms. Choose Discover if you have fair credit, want zero origination fees, need fast funding, or prefer borrowing smaller amounts with no hidden costs.","keyDifferences":[{"label":"Starting APR","winner":"a","entityAValue":"5.99%","entityBValue":"6.99%"},{"label":"Maximum Loan Amount","winner":"a","entityAValue":"$405,000","entityBValue":"$35,000"},{"label":"Funding Speed","winner":"b","entityAValue":"1-3 business days","entityBValue":"Next business day"},{"label":"Minimum Credit Score","winner":"b","entityAValue":"680 (Good credit)","entityBValue":"600 (Fair credit)"},{"label":"Origination Fee","winner":"b","entityAValue":"0-2.5%","entityBValue":"0% (no origination fee)"}],"winner":{"slug":"sofi-personal-loans","name":"SoFi Personal Loans"},"confidence":"high","entities":[{"name":"SoFi Personal Loans","slug":"sofi-personal-loans","url":"https://www.aversusb.net/entity/sofi-personal-loans","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/sofi-personal-loans"},{"name":"Discover Personal Loans","slug":"discover-personal-loans","url":"https://www.aversusb.net/entity/discover-personal-loans","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/discover-personal-loans"}],"faqs":[{"question":"Which lender has better rates?","answer":"SoFi offers lower starting rates at 5.99% APR compared to Discover's 6.99%. However, actual rates depend on credit score and other factors. For a $15,000 loan at 5.99% over 60 months, SoFi's minimum rate saves approximately $1,200 in interest compared to Discover's 6.99% rate."},{"question":"Can I get a personal loan with fair credit?","answer":"Discover accepts credit scores starting at 600, making it accessible to borrowers with fair credit. SoFi requires a minimum 680 credit score (good credit range). If your score is between 600-679, Discover is your only option between these two lenders."},{"question":"How much does the origination fee cost?","answer":"SoFi charges 0-2.5% in origination fees. On a $20,000 loan, this could cost $0-$500. Discover charges 0% origination fees, saving you money upfront. This is a key advantage for Discover borrowers seeking loans without additional costs deducted from disbursement."}],"attribution":{"source":"A Versus B","url":"https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)","license":"CC BY 4.0","citationFormat":"According to A Versus B (https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)), SoFi offers lower starting APRs (5.99%) and larger loan amounts up to $405,000, while Discover provides faster funding (as soon as next business day) and lower minimum credit scores, making it accessi","dateModified":"2026-07-06T05:24:24.113Z"},"relatedQuestionsUrl":"https://www.aversusb.net/api/faq/sofi-vs-discover-personal-loans)","relatedComparisonsUrl":"https://www.aversusb.net/api/v1/related/sofi-vs-discover-personal-loans)","knowledgeGraphUrl":"https://www.aversusb.net/api/knowledge-graph/sofi-vs-discover-personal-loans)","claimReviewSchema":{"@context":"https://schema.org","@type":"ClaimReview","@id":"https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)#claimreview","url":"https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)","inLanguage":"en-US","isAccessibleForFree":true,"conditionsOfAccess":"Free","claimReviewed":"SoFi Personal Loans vs Discover Personal Loans","reviewBody":"SoFi offers lower starting APRs (5.99%) and larger loan amounts up to $405,000, while Discover provides faster funding (as soon as next business day) and lower minimum credit scores, making it accessible to borrowers with fair credit.","datePublished":"2026-07-06T05:24:23.585Z","dateModified":"2026-07-06T05:24:24.113Z","reviewRating":{"@type":"Rating","ratingValue":5,"worstRating":1,"bestRating":5,"alternateName":"High Confidence"},"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B","url":"https://www.aversusb.net"},"itemReviewed":{"@type":"WebPage","@id":"https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)","url":"https://www.aversusb.net/compare/sofi-vs-discover-personal-loans)","name":"SoFi Personal Loans vs Discover Personal Loans","inLanguage":"en-US"}}}