SoFi Claims $400 Million in Losses From Student Loan Moratorium

SoFi Claims $400 Million in Losses From Student Loan Moratorium

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SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. The personal finance company has sued the U.S. Department of Education to end the three-year-old pause on loan repayments, claiming in a recent lawsuit that the moratorium has no legal standing and has severely…

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