SoFi · SoFi Privacy Notice · View original document ↗

Default consent if no selection made

High severity Medium confidence Explicitdocumentlanguage Common · 280 of 352 platforms
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Recent governance activity SoFi recorded 12 documented changes in the last 30 days.
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This analysis describes what SoFi's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Consent is established by default through inaction, meaning the reader need not affirmatively agree for SoFi to rely on the user's deemed agreement to use the technologies.

Interpretive note: The excerpt does not identify which specific technologies are referenced or what the available selections are, limiting full evaluation of the scope of deemed consent.

Recent Activity

This document changed recently

Medium Jun 15, 2026

The updated terms restructure how SoFi discloses and collects consent for tracking technologies. Previously, SoFi stated that non-selection of preferences constituted acceptance of tracking. The updated version creates distinct cookie categories (Functional, Performance, Targeting, Strictly Necessary) and establishes a Privacy Preference Center allowing you to individually toggle Performance and Targeting cookies on or off. Strictly Necessary Cookies remain non-optional and cannot be disabled, as the updated terms state these are necessary for website functionality. You can manage individual cookie category preferences through the Privacy Preference Center interface before or after initial site visit.

View change record →
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.

View change record →
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 →

Consumer impact (what this means for users)

If the reader does not actively make a selection, SoFi will treat that inaction as the reader's agreement to its use of the referenced technologies.

How other platforms handle this

Google Cloud Medium

In some cases we will seek your consent to send you marketing communications.

Roblox Medium

Additionally, with your explicit and informed consent, we may use your phone number to recommend you as a friend to others using Roblox. You will be recommended with your contact name as stored on your ...

Paramount+ Medium

By clicking the submit button, you agree to Paramount+ using your email address to send you marketing communications, updates, special offers and other information about Paramount+.

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▸ View Original Clause Language DOCUMENT RECORD
"
If you do not make a selection, you agree to our use of these technologies.

— Excerpt from SoFi's SoFi Privacy Notice

Applicable regulations

CCPA/CPRA
California, USA
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
TCPA
United States Federal

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-023600
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-023600
Captured: 2026-07-09 03:58:12 UTC
SHA-256: 7b76847eebe703a2…
URL: https://conductatlas.com/platform/sofi/sofi-privacy-notice/provision/CA-P-023600/default-consent-if-no-selection-made/
Accessed: July 12, 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 Default consent if no selection made clause do?

Consent is established by default through inaction, meaning the reader need not affirmatively agree for SoFi to rely on the user's deemed agreement to use the technologies.

How does this clause affect you?

If the reader does not actively make a selection, SoFi will treat that inaction as the reader's agreement to its use of the referenced technologies.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 280 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.