SoFi Lending Corp. is testing the market for private student loans to slightly riskier borrowers.

It’s marketing another $130.66 million of bonds backed primarily (89%) by refinance loans to present and former graduate students. Unlike the sponsor’s 12 previous student loan securitizations, however, this one is backed by a substantial proportion (approximately 66%) of loans with credit scores below than 680, according to Moody’s Investors Service.

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