I am worried about them closing any more deals with LPB this year. All of the soft data is pointing to a very painful retraction. Manufacturing and transportation falling through the floor. Small businesses are about to be hammered. I would not want to be buying personal loans except from the top box that Sofi currently keeps to themselves. Guidance will be very interesting. On the other hand Sofi may do awesome in an environment where small and medium size banks get hammered.
Excellent article, Chris. As always!
I am worried about them closing any more deals with LPB this year. All of the soft data is pointing to a very painful retraction. Manufacturing and transportation falling through the floor. Small businesses are about to be hammered. I would not want to be buying personal loans except from the top box that Sofi currently keeps to themselves. Guidance will be very interesting. On the other hand Sofi may do awesome in an environment where small and medium size banks get hammered.