SoFi Consumer Loan Program 2019-4 Trust: Presale Report
DBRS, Inc. (DBRS) assigned provisional ratings to the SoFi Consumer Loan Program 2019-4 Trust (SCLP 2019-4) Class A Notes, Class B Notes, Class C Notes and Class D Notes (together, the Notes). SCLP 2019-4 represents the 20th rated term asset-backed security (ABS) transaction sponsored by SoFi Lending Corp. (SoFi) and collateralized by unsecured consumer loans. Overall, this is the 46th rated term ABS transaction sponsored by SoFi, 26 of which have been collateralized by student loan refinancing loans.
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