Student Loan Repayments Restart in October. What That Means for SoFi Stock.
Analysts say higher interest rates will deter some borrowers from refinancing student loans but that there is still an opportunity for the fintech.
Source: marketwatch.com
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Analysts say higher interest rates will deter some borrowers from refinancing student loans but that there is still an opportunity for the fintech.
Shares of Affirm, Block and PayPal fell the day after the Fed announcement.
Federal student loans will begin accruing interest again on Sept. 1, while repayments will resume in October.
Federal student loans will begin accruing interest again on Sept. 1, while repayments will resume in October.
AFRM earnings call for the period ending June 30, 2023.