Terms of Service

1. Acceptance of Terms

By accessing or utilizing the website, digital financing tools, or loan application services provided by SoFi Technologies, Inc., SoFi Bank, N.A., and SoFi Malaysia ("SoFi", "we", "us"), you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.

2. Eligibility Criteria

To qualify for a personal loan application via SoFi Malaysia, you must satisfy the following baseline requirements:

• Be at least 21 years of age and not exceeding 60 years at the time of maturity.
• Be a Malaysian citizen or permanent resident holding a valid National Identity Card (MyKad).
• Possess a verifiable regular source of income (employment or verified business ownership).
• Maintain an active account with a licensed commercial bank in Malaysia.

3. Loan Structure & Repayment Responsibilities

All personal loans range between RM 1,000 and RM 300,000 with repayment periods ranging from 6 to 60 months. The specific interest rate (starting from 3.25% APR) offered to you depends upon automated risk assessment, debt-service ratio, and credit history.

Borrowers agree to maintain sufficient funds in their nominated bank account to meet monthly installment dates. There are no prepayment penalties should you decide to settle your remaining principal balance early.

4. User Declarations & Fraud Prevention

You certify that all information submitted during your online application is genuine, accurate, and complete. Submission of falsified income slips, altered identification documents, or third-party bank accounts constitutes fraud and will result in immediate disqualification and reporting to relevant legal authorities.

5. Governing Law & Dispute Resolution

These Terms are governed by and construed in accordance with the laws of Malaysia. Any disputes arising out of or related to loan facilities in Malaysia shall be submitted to the exclusive jurisdiction of the competent courts of Kuala Lumpur.