KBRA Assigns Preliminary Ratings to SoFi Consumer Loan Program 2018-3 Trust

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by SoFi Consumer Loan Program 2018-3 (“SCLP 2018-3”). This is a $546.00 million consumer loan ABS transaction. This transaction represents SoFi Lending Corp.’s (“SoFi” or the “Company”) 15th rated securitization collateralized by a portfolio of unsecured consumer loans. SoFi currently originates personal loans through its state licenses or complies with certain requirements whe