Change record
CA-C-002826
SoFi Privacy Notice
Entity
Date detected
June 10, 2026
Effective date
June 10, 2026
Severity
Low
Direction
Neutral
Affected users
all users
Taxonomy
Disclosure requirement change
Changes
+3 sentences added · −4 sentences removed · 17 sentences modified
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Event Summary

SoFi updated its website privacy preference center and cookie disclosure on June 10, 2026. The revised language reorganizes how cookies are categorized and disclosed, moving from a simpler structure to a more detailed breakdown that separates Strictly Necessary, Functional, Performance, and Targeting cookies. Users can now see more granular descriptions of each cookie category and toggle settings more explicitly, though Strictly Necessary cookies remain non-optional as before.

LOW

Consumer Impact

The updated terms reorganize how SoFi discloses cookie categories on its website. Previously, the privacy preference center grouped Performance and Optional cookies together with less granular descriptions. The revised structure now separates Strictly Necessary, Functional, Performance, and Targeting cookies into distinct categories with more detailed explanations of what each does. Users can toggle Performance and Targeting cookies individually, but Strictly Necessary cookies remain non-optional as the agreement states they are required for the website to function. You can manage your cookie preferences through the updated Privacy Preference Center by toggling each category on or off, except Strictly Necessary cookies.

Governance Analysis

The revised language provides more granular disclosure of cookie purposes and categories, which may improve user understanding of how cookies function on SoFi's website. The operational effect is a clearer consent interface rather than a change in data collection practices or user rights.

Available Actions

Review the updated Privacy Preference Center to understand each cookie category and toggle Performance or Targeting cookies off if you prefer not to allow them.

Note that Strictly Necessary cookies cannot be disabled as they are required for website function.

If No Action Is Taken

The default cookie settings will apply as described in the updated terms; Performance and Targeting cookies will be enabled unless you actively toggle them off.

Disabling Performance or Targeting cookies may limit site functionality or personalization features, as the updated terms state.

Key Clauses Affected

Cookie Category Structure

Reorganized into four distinct categories (Strictly Necessary, Functional, Performance, Targeting) with expanded descriptions; user control options remain unchanged.

Strictly Necessary Cookies

Confirmed as non-optional and required for website function; unchanged from prior language.

Full clause-by-clause analysis available with Insight.

This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology

Evidence Verification

✓ Verified
Previous Version
b6faf8f29c9a5b75d33f5bd1aaae639ff5c768ef32c5951867e89e813a69d20c
June 10, 2026 00:22 UTC
✓ Verified
Current Version
75a309aee5aa251921147f3374d37365c6181898112c1b34bfca61d29d1a601a
June 10, 2026 14:50 UTC
✓ Verified
Change Detected
June 10, 2026 14:50 UTC
Analysis Methodology
✓ Verified
Source Document
https://www.sofi.com/privacy-policy/
Citation Record
Entity: SoFi
Document: SoFi Privacy Notice
Record ID: CA-C-002826
Captured: 2026-06-10 14:50:12 UTC
URL: https://conductatlas.com/change/2026-06-10-sofi-sofi-privacy-notice-2826/
Accessed: July 28, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
For legal and compliance teams

Institutional Analysis

Assessment

This change reflects a reorganization of SoFi's cookie consent interface and disclosure language rather than a material change in data collection practices or legal authority. The updated terms segment cookies into four categories (Strictly Necessary, Functional, Performance, Targeting) and provide more specific descriptions of their purpose, which may align with cookie consent standards under GDPR and CCPA but does not assert new collection rights or obligations. No new data collection authority is established; existing opt-out mechanisms are preserved. Standard internal review of cookie inventory and vendor relationships is prudent to ensure alignment with the revised disclosure.

ConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-C-002826.

Full Changes

View complete diff →

Document Context

Version history → Policy drift analysis → Document page →
Document
SoFi Privacy Notice
Entity
SoFi
Captured
June 10, 2026
Source URL
https://www.sofi.com/privacy-policy/
Other changes to SoFi Privacy Notice
Previous change Jun 10, 2026
SoFi's updated Privacy Notice on June 10, 2026 added two navigation links to 'Student Loan Servicing' in the document's resource …
Low Neutral
Next change Jun 12, 2026
SoFi's Privacy Notice was updated on June 12, 2026 to revise how the company describes cookie and tracking technology practices. …
Medium Neutral
View full version history →
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