I'm grateful and a little lucky I came across SoLo Funds. I've recommended it to many friends and look forward to helping others in the future! It's a nice kick to organizations that love to charge ex... See more
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Review summary
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Solo will make you go LOCO when you discover how simple they have made p2p lending and borrowing. Tired of borrowing Money from your parents ? If so then download solo funds. An app I guarantee you w... See more
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Due to an emergency, I found myself in need of help. I had heard about the SoLo Funds app and network and registered. The process was very easy. But what was most important to me is that it is a place... See more
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Well, for a community run system such as this it is quite spectacular. True to form, no credit checks and everyone starts off with a fair shot to grow and build credit with the app ecosystem. And it w... See more
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Company details
About SoLo Funds
Written by the company
SoLo is the leading community finance platform focused on working class communities. Our members borrow on their own terms and lend to make industry leading returns or a social impact.
SoLo has over +3 million users, +2 million loans funded with 82% of its members being from underserved zip codes. As one of the few certified Benefit Corporations in financial services, SoLo has emerged as the new financial service leader on pace to deliver $1B back into working class communities by Q1 ‘26.
The traditional financial system has failed our communities, excluding them from returns and access to short term cash. SoLo created something different, something more human. They went back to the basics, creating a community where people could support each other financially. SoLo calls this community finance.
Contact info
8605 Santa Monica Blvd PMB 615204 , 90069, West Hollywood, California , United States
- info@solofunds.com
- solofunds.com
The #1 Community Finance App
4.5
Excellent
3K reviews
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Absolutely a brilliant concept people helping people …
Absolutely a brilliant concept people helping people. Easy to use, great support if needed. Way to go!!
14 May 2026
Reply from SoLo Funds
Dear Amy,
We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of transparency, simplicity, and unfair terms.
Thank You for being part of our community where people support each other.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Natarsha,
We’re glad to hear you found SoLo fast and helpful. Your appreciation means a lot to us, and we’re committed to continuing to provide reliable support whenever you need it!
Thank You,
SoLo Community Expert
SoLo Funds made the process quick
SoLo Funds made the process quick, easy, and stress-free. I was able to get a small loan funded when I really needed it, and the experience was smooth from start to finish. Grateful for a platform that truly helps people during tough times!
14 May 2026
Reply from SoLo Funds
Dear Jessica,
We’re thrilled to hear that SoLo made the process quick, easy, and stress-free for you.
Helping people access funds when they really need them is exactly what we aim for, and your feedback truly means a lot to us!
Thank You,
SoLo Community Expert
Awesome quick funding.
14 May 2026
Reply from SoLo Funds
Dear Bryson,
We’re glad you had an awesome and quick funding experience with SoLo. We appreciate your support!
Thank You,
SoLo Community Expert
This site is predatory to lenders as…
This site is predatory to lenders as well as borrowers
13 May 2026
Reply from SoLo Funds
Hello,
We understand our model does not follow traditional lending models as we wanted something different, something more human. So we are happy to provide some additional information regarding the loan funding process.
Once a Borrower submits a loan request to the Marketplace, it will then need to be accepted to be funded by a Lender (a user on the app such as yourself). This time period of waiting for your loan to be accepted can vary in time. However, when a loan is accepted to be funded by a Lender and both parties agree on the terms, it takes only minutes for the funds to be deposited into the Borrower's SoLo wallet.
Here are a few points to keep in mind:
1. Funding a loan request is up to the discretion of individual lending members. Borrowing members choose how much and when they pay, including if they want to add an optional tip to the lending member or donation to SoLo. Borrowing members have 100% optionality and control over the terms of their loan, and any amount paid in addition to the loan principal is voluntary. 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.
2. You can increase your trust in the platform by paying your loans back early or on time. This will increase your SoLo Score, and will also be visible to lending members in your loan history. The higher your score, the more trust future lenders will have in you.
3. Your loan will be active in the Marketplace for up to 3 days. At that time, if it remains unfunded, it’ll be automatically canceled. Upon cancellation, you can immediately create a new request.
4. We offer a SoLo Protection Program to Lenders which provides additional protection for your investments. Regardless of whether you choose to enroll in our Protection Program, we always make our best effort to recover funds for our Lenders.
5. We offer a grace period on all loans during which no late fees are applied.
We hope this information is helpful. Please let us know if you have any additional questions.
Thank you,
SoLo Community Expert
Reply from SoLo Funds
Dear Victoria,
Thank you for taking the time to share your positive experience with us. We're pleased to hear that Solo made a difference for you. Your satisfaction is our top priority, and your review reaffirms the hard work we put in every day.
We look forward to seeing you again soon.
Thank You,
SoLo Community Expert
This was a very interesting but good…
This was a very interesting but good experience. I had no clue this was even an option. Thank you.
13 May 2026
Reply from SoLo Funds
Dear Faith,
Thank you for your continued support. We're incredibly grateful that you've chosen to share your positive experience with Solo.
Being part of our community inspires us to constantly strive for excellence. If there's anything else we can do to assist you, please let us know.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
We’re glad to hear that setting up your account was easy and that you were able to get funded quickly.
We appreciate you choosing SoLo!
Thank You,
SoLo Community Expert
Seems to very easy to navigate and work…
Seems to very easy to navigate and work with hopefully I get approved for my first loan.
13 May 2026
Unprompted review
Reply from SoLo Funds
Dear Frank,
We do not take it for granted that you trusted us with your financial needs.
We are pleased you joined our community and we look forward to helping you meet your goals again.
Thank You,
SoLo Community Expert
Great company
Great company, fast results when I needed to borrow some money. Easy process to pay back. I recommend solo funds.
12 May 2026
Reply from SoLo Funds
Hello,
Thank you for your positive feedback. We're thrilled to hear that Solo met your financial needs.
Your feedback is invaluable to us and plays a crucial role in helping us enhance our offerings. We look forward to the opportunity to serve you again.
Thank You,
SoLo Community Expert
Love it !!!!!!!!!
12 May 2026
Reply from SoLo Funds
Dear Justin,
Thank you for your wonderful review! We're delighted to know that you loved using Solo. Our team works hard to ensure our product meets your expectations, and it's great to hear that we succeeded.
We look forward to serving you again.
Thank You,
SoLo Community Expert
Outstanding
The whole process was very easy. It was my first time using the app and I’m very pleased.
11 May 2026
Reply from SoLo Funds
Dear Luz,
We’re thrilled to hear that your first experience with SoLo was easy and positive.
We’re glad you’re pleased with the app and appreciate you choosing SoLo!
Thank You,
SoLo Community Expert
Quick and easy
12 May 2026
Reply from SoLo Funds
Dear Rusty,
We do not take it for granted that you trusted us with your financial needs.
We are pleased you joined our community and we look forward to helping you meet your goals again.
Thank You,
SoLo Community Expert
Now this is what humanistic social media should be. Helping those that help themselves
Well, for a community run system such as this it is quite spectacular. True to form, no credit checks and everyone starts off with a fair shot to grow and build credit with the app ecosystem. And it works! If it doesn't for you, that's likely because you wanted it that way anyway.
13 May 2026
Reply from SoLo Funds
Dear Kevin,
We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of transparency, simplicity, and unfair terms.
Thank You for being part of our community where people support each other.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
Thank you for your continued support. We're incredibly grateful that you've chosen to share your positive experience with Solo.
Being part of our community inspires us to constantly strive for excellence. If there's anything else we can do to assist you, please let us know.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Dear Dewey,
Thank you for taking the time to share your positive experience with us. We're pleased to hear that Solo made a difference for you. Your satisfaction is our top priority, and your review reaffirms the hard work we put in every day.
We look forward to seeing you again soon.
Thank You,
SoLo Community Expert
Response time
12 May 2026
Reply from SoLo Funds
Hello,
We always love to hear from you. Your insights are essential in helping us enhance our products and services. If you have any other suggestions or areas where you think we could do better, please feel free to share them with us.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
Thank you for your positive feedback. We're thrilled to hear that Solo met your financial needs.
Your feedback is invaluable to us and plays a crucial role in helping us enhance our offerings. We look forward to the opportunity to serve you again.
Thank You,
SoLo Community Expert
I highly recommend this app
I highly recommend this app. It is great for peer to peer loans with reasonable fees.
8 September 2025
Reply from SoLo Funds
Dear Joshua,
We’re glad to hear that you’re enjoying the community based lending experience and finding the fees reasonable.
We appreciate your support and are happy to have you as part of the SoLo community.
Thank You,
SoLo Community Expert
Reply from SoLo Funds
Hello,
Thank you for your wonderful review! We're delighted to know that you loved using Solo. Our team works hard to ensure our product meets your expectations, and it's great to hear that we succeeded.
We look forward to serving you again.
Thank You,
SoLo Community Expert
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