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SoFi to Begin Offering Auto-Loan Refinancing


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Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.
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The online lender SoFi, which is going public through Chamath Palihapitiya s blank-check company
Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE), will soon let members refinance auto loans on its platform.
Bloomberg reported today that SoFi plans to team up with the start-up MotoRefi to make the offering possible. MotoRefi helps customers find affordable auto-refinancing options through partnerships with community banks and credit unions. ....

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