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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 return or social impact. It’s never been easier. Join the SoLo community and leave other options in the past! Selected as one of Fast Company’s World Changing ideas in 2021, we continue to build a community that enables financial autonomy for all.

SoLo 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 flexible access to capital 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. Use our data-driven SoLo Score or view another member’s transaction history to assess risk profile. 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 $500 On Your Own Terms --

Borrowers on SoLo enjoy fast, easy, convenient funding with 100% voluntary terms as it relates to costs and fees. 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 money requests 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 --

We believe that access to information is the key to building strong financial habits. Take courses, learn, and share this free resource with others. You can learn more at www.solofunds.com.

-- SUPPORT --

Email us at [email protected]. We’re here to help!

SoLo is not a lender, broker, makes no lending decisions and does not enable payday loans. SoLo enables a marketplace where members make capital requests on their terms while alternative members can fund those requests - with 0% interest, and no credit check.

Since SoLo is not directly involved in the lending decision, we cannot guarantee the cost borrowers will choose at request. All members have the option to request loans and select an optional tip to lenders up to 12% as well as an optional donation to SoLo up to 9%. Donation option can be removed entirely via profile setting. Electing not to tip or donate has no impact on a member’s ability to request a loan, nor does the SoLo platform give a member preferential treatment for including a tip or donation. Our lending members fund loans based on their own criteria which may or may not include SoLo score and reason for the capital request. The SoLo score is based on activity within the app and cash flow analysis.

• All loans have 0% interest - Minimum and maximum APR is 0%
• All loans are 35 day term loans with 90 days to pay in full until defaulted
• The early repayment schedule for a loan request can differ between members with all loans having a 35 day term with 90 days to pay in full until defaulted.
• A representative example of the total cost of the loan, including all applicable fees: on average over a 12 month time period, a borrower spends 13.4% in total costs in using SoLo
• Members can choose to add a voluntary tip to the lender up to 12%
• Members can choose to add a voluntary donation to SoLo up to 9%