Keep in mind they have their own proprietary scoring model. They don't even use your FICO score so it going up doesn't matter per se (but things that drive it up are likely correlated with factors they see as positive).
Have you called and asked them why you don't qualify for the lowest rate?
How much unsecured debt can you take on? Apporamma at 0% and put all your expenses for the year on the card and pay 20k a year off that debt. Rinse and repeat for 4-5 more years should save you 5k or so. Cash in on signup bonuses along the way to make another 5k, Chase n Amex are good places.
Sofi already has you as a customer, they have no incentive to lower your rates... the same way that you only get a raise by jumping employers, you only get a refi reduction by jumping lenders, try CommonBond if you havent. I've been at both and much prefer CommonBond's customer service. I got a 1.9% variable 5 yr when I was 4% at SoFi 10 yr variable.
I also owed 6 figures and loans were around 1.1x annual income; also had 800 credit score and no other debt.
I've been with Sofi, then DRB, and now First Republic (finally on a 10-year fixed at 2.95%). Shop around a bit. I agree that they've already got you locked in so there's no incentive to keep you. When I got an offer from FR I gave DRB a chance to match it (I was at 3.1% variable with them) and they refused, so I jumped ship. Keep shopping.
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
Earn Cash Back while you shop - just 3 simple steps.
1. Sign Up so we know who to pay! (It's FREE.)
2. Shop through FatWallet for deals from your favorite stores. Your online purchases earn Cash Back that builds in your FatWallet account.
3. Get Paid by requesting a payment via check or PayPal.
FatWallet coupons help you save more when shopping online. Use our Coupons Search to browse coupons and offers from thousands of stores, gathered into one convenient location.
As part of our FatWallet Community, you can share deals with almost a million shoppers in our forums. Forum content is generated by consumers for consumers. Share deals, money-saving tips, and more. It's FREE, fun, and addicting.
Our customer experience team is here around the clock - real people ready to assist.