Provision record
SoFi · SoFi Privacy Notice · View original document ↗

Opt-out stops sale or sharing of personal information

High severity High confidence Explicitdocumentlanguage Common · 295 of 352 platforms

Key Facts

Will SoFi sell or share the user's personal information with third parties for more relevant advertisements when the user opts out?
SoFi will not sell or share the user's personal information with third parties to provide more relevant advertisements across other websites, platforms, and applications when the user opts out.
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Recent governance activity SoFi recorded 12 documented changes in the last 30 days.
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ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Opting out triggers a binding commitment from SoFi to stop selling or sharing personal information for cross-platform targeted advertising purposes.

Recent Activity

This document changed recently

Medium Jun 12, 2026

The updated Privacy Notice explicitly discloses that SoFi collects user information through cookies, pixels, and other tracking technologies and shares this data with social media, advertising, and analytics partners. Previously, the policy described these practices in more general language. Under the revised terms, continued use of SoFi's website constitutes acceptance of these tracking and data-sharing practices unless the user actively makes selections in the Privacy Preference Center. You can use the preference center to opt out of optional tracking technologies, though strictly necessary cookies cannot be disabled.

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Medium Jun 2, 2026

The updated privacy notice explicitly discloses that SoFi uses pixels and tracking technologies to collect information about your actions and preferences, and shares this data with social media, advertising, and analytics partners. The revised consent interface distinguishes between strictly necessary cookies (which cannot be disabled) and optional cookies for performance and targeting purposes (which require affirmative consent). The terms state that if you do not make a selection, you agree to use of these technologies; you can opt out by toggling the button that appears to the right of each optional cookie category.

View change record →
Medium May 30, 2026

The updated terms establish a more permissive consent model for tracking technologies. Previously, the policy stated that users could 'choose not to allow some types of cookies' (opt-in structure). The revised language now states 'If you do not make a selection, you agree to our use of these technologies' (opt-out structure). This means that continued use of the website without affirmative rejection constitutes acceptance of cookies, pixels, and data sharing with advertising and analytics partners. The updated terms also explicitly disclose that SoFi shares collected information with 'social media, advertising, and analytics partners,' providing more specificity about data sharing destinations. You can decline the Privacy Preference Center or decline all optional tracking technologies through the updated preference settings.

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Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 5260 other provisions on other platforms.

Consumer impact (what this means for users)

If the reader opts out, SoFi is committed not to sell or share the reader's personal information with third parties for the purpose of delivering relevant advertisements across other websites, platforms, and applications.

How other platforms handle this

Tinder Medium

If you choose to reveal any personal information about yourself to other users, you do so at your own risk. We strongly encourage you to use caution in disclosing any personal information online.

Skillshare Medium

When you are asked to provide information, you may decline to do so; but if you choose not to provide information that is necessary to provide some of our Services, you may not be able to use those Services.

Discord Medium

Right to the portability of your personal data

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Monitoring

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▸ View Original Clause Language DOCUMENT RECORD
"
When you opt out, we will not sell/ share your personal information with third parties to provide you with more relevant advertisements across other websites, platforms, and applications.

Excerpt from SoFi's Privacy Notice

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
TCPA
United States Federal
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
SoFi Privacy Notice
Entity
SoFi
Document last updated
March 14, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-023612
Document ID
CA-D-00104
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
7b76847eebe703a2aa3f0e1fafc55926e9cbe3cb44aae8c482b48b4f2e87ebe4
Analysis generated
July 9, 2026 03:58 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: SoFi
Document: SoFi Privacy Notice
Record ID: CA-P-023612
Captured: 2026-07-09 03:58:12 UTC
SHA-256: 7b76847eebe703a2…
URL: https://conductatlas.com/platform/sofi/sofi-privacy-notice/provision/CA-P-023612/opt-out-stops-sale-or-sharing-of-personal-information/
Accessed: July 25, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does SoFi's Opt-out stops sale or sharing of personal information clause do?

Opting out triggers a binding commitment from SoFi to stop selling or sharing personal information for cross-platform targeted advertising purposes.

How does this clause affect you?

If the reader opts out, SoFi is committed not to sell or share the reader's personal information with third parties for the purpose of delivering relevant advertisements across other websites, platforms, and applications.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 295 platforms. See the full comparison.

Is ConductAtlas affiliated with SoFi?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by SoFi.