SoFi Consumer Loan Program 2023-1S Trust: Rating Report
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Summary
DBRS, Inc. (DBRS Morningstar) finalized its provisional rating on the SoFi Consumer Loan Program 2023- 1S Trust (SCLP 2023-1S) Class A Notes. SCLP 2023-1S represents the 24th rated term asset-backed security (ABS) transaction sponsored by SoFi Lending Corp. (SoFi) and collateralized by unsecured consumer loans. Overall, this is the 56th rated term ABS transaction sponsored by SoFi, 24 of which have been collateralized by personal loans.