Kroll Bond Rating Agency Assigns Preliminary Ratings to SoFi Consumer Loan Program 2017-2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes issued by SoFi Consumer Loan Program 2017-2 LLC (“SCLP 2017-2”). This is a $343.7 million consumer loan ABS transaction that is closing on February 26, 2017. This transaction represents SoFi Lending Corp.’s (“SoFi” or the “Company”) eighth rated securitization collateralized by a portfolio of unsecured consumer loans. SoFi currently originates personal loans through its state licenses