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In the first quarter of 2023, SoFi's student loan volume decreased by more than 50% from pre-pandemic levels, according to a company release. The student loan unit, which represented nearly 30% of ...
Personal loans, student loans, home loans, and loan refinancing are all part of SoFi's lending services. [93] In 2015, four years after its launch, SoFi had over $6 billion in loans issued, becoming one of the largest marketplace lenders. [94] They continue to maintain a policy of no fees for their loans, aside from the interest. [citation needed]
The lawsuit argues that the moratorium, which has led to millions of dollars in lost profits for the company’s core refinancing business, has no legal basis.
SoFi reported a student loan-driven windfall in its third quarter results while also raising its full-year guidance on revenue and predicting a quarterly profit before the end of the year.Its ...
In another setback for the administration's student loan relief program, and just a week after the Supreme Court heard oral arguments in the case, SoFi Bank filed a federal lawsuit to end the ...
SoFi started strictly as a student loan refinance company but received approval from federal regulators in early 2022 to become a national bank. The online bank offers loans as low as $5,000 with ...
President Joe Biden extended the suspension of federal student loan payments on April 6 for the sixth time in two years. If you own shares of SoFi Technologies (NASDAQ:SOFI), you probably were ...
SoFi also offers private student loans for undergrads, graduate students and parents. You can get pre-qualified for a loan rate by creating a SoFi account online or through the app, then choose a ...
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related to: sofi for student loanssofi.com has been visited by 10K+ users in the past month