Why are SoFi Different from Almost every other Loan providers?

Why are SoFi Different from Almost every other Loan providers?

SoFi is the one a relatively small group out of nonbank, on the web lenders that serve large earning, not-yet-rich scholar borrowers, a team entitled “Henrys” during the lending parlance.

SoFi was released last year since the sort of peer-to-peer financial that raised money of Stanford University alumni and also make loans so you’re able to a small group of you to definitely university’s team college or university college students. Since that time it offers stretched easily and diversified. It even offers mortgage loans and private fund and its particular pillar student loan refinancing alternatives.

How come SoFi Work?

SoFi increased from a core student-financing refinancing team to help you a beneficial varied financial team. Read More