Online lender Earnest has closed $175 million in refinanced student loans. The offering received a AA rating on the senior notes by DBRS which is one notch below the highest attainable rating of AAA. Earnest said the transaction was oversubscribed by 3X and traded at… Read More
Last week, Earnest, an online lender, announced it had crossed a “major milestone”. The platform shared it had refinanced $1 billion in student loan debt. The company said it had about “a trillion more to go”. The online lender estimates it has saved borrowers about… Read More
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