This place does absolutely nothing but… This place does absolutely nothing but give you the runaround over and over and over there's no one to talk to and I don't believe any of the reviews are real because it's the same names over and over and over I've put in for at least 10 loans and they keep expiring within the same day that I put the request in this is just another scam

It worked out in the end Somehow I wasn't charged a late fee after all, and my payment wasn't counted as late. My SoLo score went up from 53 to 61. I'm updating my rating from 1 star to 4, but I'm leaving my previous review below just for reference. I'll continue to use this app, I just recommend new users to be cautious when first using the app and read reviews on your app store to know what to expect. *Previous Review* Don't use this app! First of all, I had trouble connecting my Chime account. It took 2 full days and 2 attempts to get it to connect. Waiting that long when you're in need isn't fun. Finally, my account connected successfully. I started out with a score of 53, not too bad I guess. My first request didn't get funded. So I withdrew that request and put in another one, this time I disabled the SoLo Donations and upped the Lender Tip, plus I set the repayment date 2 days closer. After a few hours, my loan was funded. I was very excited and relieved. Now I'll admit that part of my negative experience is due to my own negligence, I didn't read the fine print, and I had some unforseen things happen between the loan being funded and the due date that kind of screwed everything up. I had set the repayment date on the date that I would receive my paycheck. This wouldn't have been a problem, except some things came up which would leave me without enough money in my account to cover the repayment. Also, after reading the fine print and realizing that SoLo would automatically try to take the funds out of my account, it dawned on me that my paycheck doesn't usually come until the afternoon, and I had no way of knowing when SoLo would deduct the money from my account. So I ended up with a check to in the amount I needed to cover the amount due on SoLo. But I didn't get the check until the evening the day it was due. The banks were all closed. So I wouldn't be able to deposit the check into my account until the next day. I thought surely that solo would take it during normal business hours. So I could get up early and deposit the check before they took the payment. However, solo for whatever reason tried to take the money at 3am. So here I am on my way to deposit the check. I have the money to cover what I owe but according to the app, my loan is already considered overdue by one day. Even though today is the due date. Even if I pay the money today it will still be considered late even though I'm technically paying it on the due date. On top that solo is charging me a 15$ late fee when its not late.

Beware 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

I lent 2 loans and 1 didn't repay I lent 2 loans and 1 didn't repay! Don't do it.

Do not invest in this application Do not invest in this application . It’s completely not worth it and trash . When you are a borrower the process goes smooth because they need you to borrow so they can make money out of it .but as an investor that invest almost 5k in this app. A lot of my borrower were so late and the recovery team make you believe they work on your behalf to recover your fund but they’re just a bunch of bot that don’t know what they do . Till today I’m not able to recover some of my money I lend thru this platform ,I’ve contacted their bot recovery team and till now nothing happened I’ve lost it. Solo lending ,you make money because of investor too not only borrower so make sure investor can recover their funds too ..borrower can borrow the funds and disappear for years !!! Their recovery team not will not do anything.it’s sad and I need my money back!!!!!!!!!!! Ive contacted them so many time but nothing and im really pissed because investor also need money !! Do NOT Waste your time , effort and MONEY into this . It’s trash !