How to Build Your SoLo Score and Borrow More Over Time

Quick Take

• Your SoLo Score is visible to lenders and signals your reliability as a borrower. Higher scores get funded faster.
• The fastest way to raise your score is to repay on time, consistently. Start small, and grow your access to money over time.

Good to Know

• SoLo does not require a credit check. SoLo does not report to the major credit bureaus. Third-party collectors may have different reporting practices.
• The SoLo Score is a proprietary risk assessment metric; it is not a traditional credit score.
• Repaying early or on time builds score history. Missed payments can hurt it.

Your SoLo Score is one of the most important numbers on your profile. Lenders see it before they decide whether to fund your request. A strong score means faster funding and access to higher loan amounts. A weak one means lenders may pass. Here’s how the whole thing works, and what you can actually do about it.

What Is the SoLo Score?

The SoLo Score is a proprietary risk assessment metric, not a traditional credit score. It’s displayed on every loan request so lenders can assess the member’s repayment history at a glance. Scores are typically shown on a scale up to 99, with a colored indicator that reflects reliability. The score may consider factors including your repayment history on SoLo.

SoLo does not report to the major credit bureaus, so this score lives entirely within the SoLo platform. It doesn’t show up on your Equifax, Experian, or TransUnion file.

How the SoLo Score Affects Borrowers

For members who borrow, the SoLo Score does two things: it affects how quickly your request gets picked up by a lender, and it can affect how much you’re eligible to borrow. New members typically start with access up to $100. As your score builds through consistent repayment, borrowing limits can increase up to the platform max of $650. No specific outcome is guaranteed, but the pattern is clear: reliability builds access.

How to Raise Your SoLo Score: Step by Step

Getting your loan funded depends on a few key factors, including your SoLo Score. If you’re new and don’t have much history on the platform yet, you might be wondering how to build it. The good news is there are simple ways to boost your SoLo Score, even without a payment history.

• Start small and repay on time. New members start with lower borrowing limits for a reason. The first few loans are how you prove yourself. Borrow only what you need and repay by the due date, or earlier.
• Repay on time. Staying consistent with your repayment dates is one of the clearest signals to the SoLo system that you’re a reliable member.
• Complete your profile. A fully completed profile with multiple active bank accounts connected (with positive balances) increases your score. It signals accountability.
• Write a clear loan reason. The purpose you give for the loan is visible to lenders. Be specific and honest. “Car repair so I can get to work” lands better than a vague one-liner. Our real lenders fund real people.
• Keep your connected bank account in good standing. Link up to 3 payment methods connected to your original bank account. It also helps if the account has been open for at least 90 days, has a positive balance, and shows recent activity. You can also try swapping your current payment methods with different ones and see if that helps give your score a little extra lift.

What Can Hurt Your SoLo Score

• Missing your repayment due date.
• Consistently repaying late across multiple loans.
• Irregular or inconsistent repayment patterns.
• Requesting amounts significantly higher than what your history supports.

SoLo FAQ: What is the SoLo Score?
SoLo FAQ: How do I raise my borrowing limit?

SoLo Score vs. Traditional Credit Score

A traditional credit score (FICO, VantageScore) is built from years of credit history, card balances, payment history, and more. It’s reported to credit bureaus and follows you everywhere. The SoLo Score is a proprietary risk assessment metric, reset-able through behavior, and based on what you do within the platform. You can’t import a credit score into SoLo, and SoLo won’t send your history to the bureaus. It’s its own system.

Pro Tip: Adding a higher optional tip to your loan request also signals to lenders that you’re serious. It’s not a score factor directly, but it makes your request more attractive in a competitive marketplace.

Your SoLo Score is yours to build. The formula is simple: repay on time, repay early when possible, and be honest in your requests. Do that consistently and your access to the platform grows with you.

Start building your SoLo history today. Download the app, make your first request, and show lenders what you’re made of.

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