@topicswithhead don't think it will increase extremely. Sofi's customers have a relatively high FICO score and the acceptance policy was relatively strict. There are some companies that will struggle more here. I am relaxed about this, but yes, if there is a recession, some will struggle.
@topicswithhead$SOFI launches SmartStart, a new student loan refinance option that gives borrowers the option to pay interest only for the first 9 months.
Hopefully this gives borrowers some flexibility and helps them get their money right. Detailed press release below
@topicswithhead I'm not saying that a possible recession can't lead to losses, I'm just saying that $SOFI is much better positioned here than many others and will also win and retain customers.
