SoLo Funds: Lend & Borrow

SoLo Funds: Lend & Borrow

Loans On Your Terms

App Report, Market and Ranking Data
category
price
Free
Reviews
4.4 (25.2K)
United States United States
Description
Loans On Your Terms
Access up to $575 on your own terms or supply funds to make a social impact and return.
 
Fun fact → SoLo Funds is a Certified Public Benefit Corporation.
 
SoLo is a community finance platform where our members step up for one another. We enable financial services for real people, powered by people. We back each other because we believe in each other.

Here’s why thousands of members use SoLo…

ACCESS UP TO $575 ON YOUR OWN TERMS
We give you choice and control where others don't. No credit checks. We come through for each other because we're in this together.

EARN MONEY WHILE HELPING OTHERS
SoLo is a great way to make a social impact while also earning a return on your money. Our data driven tools allow you to verify and make smarter choices. Fund a request today. We’re people helping people.

Fun fact → SoLo won the 2022 Visa Everywhere DEI Contest amongst the nation’s best fintechs

SOLO PROTECTION
We’re in this together. We protect each member in our community via secure and easy communication between bank accounts while creating a safety net for potential losses.
 
Fun fact → SoLo was selected as one of Fast Company’s World Changing ideas in 2022

SOLO WALLET
Leverage our banking solution to build financial autonomy. Deposit, withdrawal, and bank with SoLo.

Fun fact → SoLo won NBCUniversal’s LIFTOff Financial Impact Challenge

NO HIDDEN FEES
We’re not here to surprise you with fees. SoLo guarantees no hidden fees, no minimum balance fees, transactions fees, expedition fees and no overdraft fees.

GET MONEY UNIVERSITY
We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others.

Fun fact → SoLo was selected in 2021 for Global Inclusive Fintech 50 by the Center for Financial Inclusion

For more information please visit our website https://solofunds.com/ .
(1) $575 Cash Requests: Criteria applies, see Terms https://solofunds.com/terms/ for more details.
(2) SoLo Wallet: The bank services are provided by Synapse's partner banks, Members FDIC.

All loans regardless of the early schedule payment have the same terms, with 90 days for repayments and default. The early repayment schedule for a loan request can differ between members with all loans up to 90 days to pay in full until defaulted. Your initial scheduled early repayment date can be skipped without issue and repaid manually in-app at any time with minimum and maximum repayment schedule up to 90 days. All loans have up to 90 days to pay in full until defaulted.

See SoLo's Privacy Policy https://solofunds.com/privacy
Category Ranking
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Review Breakdown
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Reviews

I feel like Solo stole my money

I enjoyed the app. Everything worked great. Until it didn’t. Until the team decided they were going to overhaul the whole system without letting anyone know in advance. NO NOTICE WAS GIVEN. I take a loan, come back days later to withdraw the money, and surprise! My accounts signed out, I have to login- which took a couple tries because of the glitchy new update. And then I can’t add my debit card to access the funds that I’m being charged a hefty donation fee for. Now not to mention the financial difficulty this caused me, fast forward one week. The payment for the loan I could never access has come out of my account, including the tip and donation fee- which I asked to be refunded for, considering I was never able to withdraw the funds. The support has been no help whatsoever. And I still can’t access my “loan”, still can’t add a debit card. And basically paid Solo a large donation fee, and tipped the lender, for an amount that SOLO still has and I can’t withdraw. Feels like stealing

nobabavossThu, Apr 25, 2024
United StatesUnited States

BUGSSS

THEY ARE NOT ALLOWING ME TO PAY BACK MY LOAN! NO MATTER HOW MANY TIMES I REENTER MY INFORMATION NOTHING WORKS!!!

lillyrangoonThu, Apr 25, 2024
United StatesUnited States

I’d give no stars if possible

App used to be great. Now it doesn’t work. I am unable to verify my debit card to take a loan. The app had no problems though taking my payment. Ironic how that works.

MLREBMThu, Apr 25, 2024
United StatesUnited States

Worthless since the update

Last Thursday when I repaid my loan it said there was an error and would be fixed in 24-48 hours. Well it’s the following Thursday and it still won’t connect to my debit card, the same debit card that I’ve using on this ap for months! This is absolutely ridiculous. Good thing I got my income tax return and I can delete this ap for good! I was going to switch to being a lender bc I have some extra cash, but forget it now! Don’t waste your time! Ap is garbage now. They lie and say they are working around the clock to fox this. Emailed customer service last week and just got the same response 24-48 hours. Unbelievable!

mrbrad187Thu, Apr 25, 2024
United StatesUnited States

New update

This new update messed everything up. I can’t add my debit card, I’ve tried MULTIPLE times and it keeps taking me back to the screen to update debit card. It’s asking for my birthdate and once I fill that information in it goes back to the screen asking for my birthdate. Do better Solo Funds because this is ridiculous

HshejejebThu, Apr 25, 2024
United StatesUnited States

Loan Payment

Trying to pay my loan and because of the update it’s not allowing me to.help

Cyn030877Thu, Apr 25, 2024
United StatesUnited States

Frustrated user

The update is an absolute failure. The customer service has been even worse. When you reach out on social media for help there response is to block you. Disgraceful.

FreeAsABirdNow90Wed, Apr 24, 2024
United StatesUnited States
Download & Revenue
DOWNLOAD 17.9KMar 2024Worldwide
REVENUEN/AMar 2024Worldwide
download revenue
About
Bundle Id
com.solofunds
Min Os. Version
14.0
Release Date
Fri, Mar 16, 2018
Update Date
Sun, Apr 21, 2024
Content Rating
4+
Has IMessage
No
Support Watch
No
Support Siri
No
File Size
68.65MB
Has Game Center
No
Family Sharing
Yes
Support Passbook
No
Supported Languages
English
What's New
version
3.2
updated
1 week ago
 The new SoLo is officially here! We’ve rebuilt and re-architectured our platform and made it better than ever. SoLo Community, we’ve been listening to your suggestions and have some great updates for you. Our latest release includes
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