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SoFi officially licensed to lend in New York

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What loans does SoFi offer? SoFi offers a number of loans for people with good to excellent credit. Personal loans. Geared toward recent college graduates, you’ll need to have a credit score of at least 680 and be currently employed – or pending employment – in order to qualify for a personal loan from SoFi.

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New York Times v.27 Social Finance, also known as SoFi, is a bit of an elite club in the online lending world. First started as a student loan refinancing company in 2011 by an alum of Stanford University, SoFi has made a name for itself in several financial sectors including personal loans and home mortgages in the ensuing years.

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Eligibility criteria current as of 1/15/19. undergraduate student Loans Eligibility. Before you apply for a SoFi Undergraduate Loan, we’d like you to be aware of the eligibility criteria. In addition to the information noted below, you must also meet our underwriting criteria to obtain a loan from SoFi. Borrowers:

In September 2016, SoFi launched SoFi at Work, an employee benefit program to reduce student debt and build financial wellness, and announced it has more than 600 corporate partners. As of October 2016, SoFi has funded more than $12 billion in total loan volume and has 175,000 members. [23]

The $4.3 billion startup inked a lease at the Meatpacking District’s 860 Washington Street covering the full second floor, which sits level with the High Line and the millions of visitors who.

The license requirements for check cashers are found primarily in Article 9-A of the New York Banking Law (BL) and regulations thereunder. BL Section 367(1) provides: "No person, partnership, association or corporation shall engage in the business of cashing checks, drafts or money orders for a consideration without first obtaining a license.

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