4112 votes - Finance - First release: 2018-03-16T14:30:08Z
Description - 4+
Trusted by hundreds of thousands of users, SoLo lets you borrow money on your own terms or lend and reap the benefits in the form of a quick return. It’s never been easier. Join the SoLo community and leave payday loans in the past!
SoLo’s online lending and borrowing is supported by leading innovators and press such as Forbes, Techstars, and Money 20/20, as well as Visa, Kiva, and thousands of banking partners. Download now to start enjoying more affordable loans or a new way to make a quick return on your extra cash.
-- Earn Money While Helping Others --
Lending on SoLo is a great way to make a social impact while also earning a return on your money. A leader in the peer to peer space, our loans are short-term, so you’ll receive your capital back quicker than anywhere else. Use our data-driven SoLo Score or view another member’s transaction history to assess creditworthiness. We have the tools to help inform your lending decisions and create a balanced portfolio according to your risk and returns goals. After funding, SoLo takes care of the rest through automation and step-by-step updates.
“A model for lending that doesn’t screw over the consumer.” Techstars, Lesa Mitchell
-- Borrow Up to $1,000 On Your Own Terms --
Borrowers on SoLo enjoy fast, easy, convenient funding with low costs and no hidden fees for small-dollar loans. By using SoLo responsibly, you’ll be able to increase your SoLo Score and the total amount you are able to borrow. We provide a structured community for individual lenders and borrowers to meet, and have created smart features like automatic paybacks to make sure your personal loans are never late.
“Finally, An App For Borrowers Living Paycheck to Paycheck” - Forbes
-- Safe & Secure --
We take the safety of your personal information seriously and we are committed to protecting it. Our hosting provider is a Level 1 Service Provider under PCI DSS. At no point does SoLo ever store your online banking credentials. Additionally, each depositor's account held at our partner bank is insured for at least a balance of $250,000.
-- Free Education --
SoLo provides users with a full financial literacy curriculum. We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others. Knowledge is wealth, help us spread it! You can learn more at www.solofunds.com.
-- SUPPORT --
If you need assistance, please contact us anytime. Email us at [email protected] and we will get back to you as soon as possible. We’re here to help!