John Mason
GBI started my Solo adventure to help others, that are now hurting me. I started my Solo adventure with high hopes. I was able to help people get loans to do the things they otherwise couldn't do. Then I started getting what my brother and I call "Deadbeats" wow, I got a deadbeat! Well one or two isn't that bad! Now I'm up to 14, and am starting to loose money that I could otherwise use to help people. I'm almost at the point to pull out and put my $ back in dividend stocks where my profit is more secure. Don't get me wrong, I love the concept, but the risk is high, forcing you to ask for high tips. Can't we put an additional rating on borrower's indicating to me that I have had previous "on time" or "late" transaction indicated by a green bar on the bottom of their box to show on time and a yellow bar to indicate late. And on the filter to show only previous people that i have issued loans too would be an awesome tool to help those that I have already done business with. Thank you.
chad
GBBeware of this scam because that's what… Beware of this scam because that's what it is, it was good for a couple months as they give you the ability to lend out your own money then get paid back your money with a tip. but it quickly will always turn very bad for lenders, I started lending loans of $50 out because I figure I cant get hurt to bad right? wrong because after a while you will not get paid back, this is a %100 SCAM, STAY AWAY
Cherie Mason
GBThere are a lot of PROS and CONS I feel… There are a lot of PROS and CONS I feel it's a great app for lending money as well as getting loans, I personally have given over 80 loans to date and feel that the number of people who pay them back are pretty reasonable. That said, If a borrower is late (even by 1 hour), you as a lender forfeit any profits on that loan, and the profits you would have gotten go to solo. So where I used to take chance on people with low scores, I don't any more, until they change this policy back and stop penalizing lendors for borrowers being late. Of my 80 loans, I have only had 1 or 2 default completely so I do believe the app has good potential, but there has to be a better way to run it. By the way thank you everyone that uses the app and pays on time. I hope they can fix this problem, I enjoy helping out, but don't like losing money.
james c
GBThis site is laughable on all sides This site is laughable on all sides. I installed the app a few days ago and shocking to me they gave me a low score when I to my own awareness have far more credibility of borrowing money for more than $100.00. So as a reviewer of apps/sites like this, I went along. Added debit card and waited. The first attempt was this past Friday at 10 a.m. Eastern. Tic Toc,Tic Toc , I waited all the way til Monday and got an alert the request expired. So I then reapplied expecting a different result, yet again 2 days pass again and the link expires with no loan made or received. To anyone and I mean anyone, please overlook this lending app at all cost. It's not worth your time to apply and seek a loan from. No customer support as far as feedback to my inquiries, no online chat and no phone number to speak to anyone. This money app is HORRIBLE, and could never see myself saying anything positive to say about this company when the negatives outway the positives by miles literally ! - James
Sam green
GBLost over $5,000 Lost over $5,000 People never pay back. You have better chances in the casino