The Sex Scandal That Toppled SoFi’s C.E.O

Re:The Sex Scandal That Toppled SoFi’s C.E.O by JSONwebtoken on Wednesday September 13, 2017 @10:37PM (#15244614)

I'm sure the SoFi salesperson was also chuckling when you signed off on a magic loan that supposedly made half your principle disappear.

Anyone with a calculator can tell the numbers don't add up. You're either embellishing or you got scammed.

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Re:The Sex Scandal That Toppled SoFi’s C.E.O by oscilloscope on Thursday September 14, 2017 @12:13AM (#15244954)

Neither the interest rate nor the term of the loan affect the principle. These only change the monthly payment amount. It's possible to have a lower monthly payment with a shorter term, depending on the interest rate.

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Re:The Sex Scandal That Toppled SoFi’s C.E.O by rockinghigh on Thursday September 14, 2017 @02:37AM (#15245454)

I think you mean principal.

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Re:The Sex Scandal That Toppled SoFi’s C.E.O by saalweachter on Wednesday September 13, 2017 @10:56PM (#15244682)

Eh, there's always the possibility they were pulling an Uber - using VC cash to subsidize unprofitable margins to try to corner a market.

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Re:The Sex Scandal That Toppled SoFi’s C.E.O by sidlls on Wednesday September 13, 2017 @11:10PM (#15244730)

Who said half the principle disappeared?

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