SoFi reported its Q3 earnings Tuesday morning (Oct. 28), and the message was straightforward: Its mostly prime borrowers look resilient, and their spending is steady. Pressed by analysts on consumer credit, CEO Anthony Noto said the company’s real-time view across checking, investing and lending shows “very strong” credit performance and day-to-day activity. “The first message is our credit performing very well … not just the performance of credit, but the spending that we see in ...
