Re:The Sex Scandal That Toppled SoFi’s C.E.O
by tryingagainbro on Thursday September 14, 2017 @12:20AM
(#15244989)
Their business is not likely sustainable.
The interest that banks give on your deposited cash is essentially zero, so even 5-6% leave a decent margin. Not everyone aims to make 25% a year, quite a few want to retain their wealth. This can be a tiny % of their allocation.
(Yeah, I know not all is paid back, salaries, heating bill and all.)
The interest that banks give on your deposited cash is essentially zero, so even 5-6% leave a decent margin. Not everyone aims to make 25% a year, quite a few want to retain their wealth. This can be a tiny % of their allocation.
(Yeah, I know not all is paid back, salaries, heating bill and all.)