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Real stories. Smarter money.

News, guides, and the occasional hot take on borrowing, lending, and banking on your own terms.

The New SoLo Is Here: What Changes in Version 4
Version 4 of SoLo is here: a new look on phone and web, IQ guiding your loan request, your lending strategy up front, and everything in your account carried over.
Company News
October 22, 2026
Featured Posts
The New SoLo Is Here: What Changes in Version 4
Version 4 of SoLo is here: a new look on phone and web, IQ guiding your loan request, your lending strategy up front, and everything in your account carried over.
Company News
October 22, 2026
SoLo Funds vs. Oportun: Short-Term Cash or a Long Installment Loan?
Quick Take SoLo connects borrowers with real lenders for loans from $20 to $650, repaid within 35 days. Oportun offers installment loans from $300 to $10,000 over 12 to 48 months. Tips on SoLo are voluntary and set by the member requesting funds. No mandatory interest charges apply.…
Compare
July 17, 2026
5 Ways Millennials are Saving Money
The picture that’s painted of millennials is often one of a generation that is going to have a hard go of it financially. Young people who fall into this category are famously mistrustful of big banks and stock markets, having grown up on corruption and crashes. Additionally, now that millennials…
Financial Education
June 11, 2020
Recent Posts
CFPB attacks SoLo Funds
CFPB attacks SoLo Funds, a community finance platform that has saved over $40M in fees for underserved Americans. The CFPB misrepresented SoLo Funds, one of the nation’s most affordable subprime loan options according to a 2023 report on cash-poor Americans. Los Angeles, CA. May 22, 2024 – On…
Company News
May 22, 2024
Building Your Emergency Fund
Building an emergency fund is an essential step toward financial security. Here’s a simple 5-step plan to help you create one: Set a Goal: Determine how much you want to save for your emergency fund. A common recommendation is to aim for three to six months’ worth of living expenses. Calculate your…
Financial Education
April 22, 2024
Spring Cleaning The S.M.A.R.T Way
As the flowers bloom and the days grow longer, spring is the perfect time to rejuvenate not only our living spaces but also our financial goals. By applying the SMART (Specific, Measurable, Achievable, Relevant, Time-Bound) framework to our financial aspirations, we can set ourselves up for success…
Financial Education
April 12, 2024
SoLo Partners With Beloved Community Services To Offer Financial Literacy Courses For Baltimore Residents
Advocates Join Forces to Empower And Bring Long-Lasting Economic Prosperity To Local Communities Baltimore, MD, April 24, 2024 — SoLo Funds, the largest community finance platform in the U.S., is proud to announce its strategic partnership with Dr. Al Hathaway’s Beloved Community Services that will…
Company News
April 9, 2024
SoLo Funds Named On Big Path Capital’s 2024 MO Impact 100 Ranking List
Los Angeles, CA, February 22, 2024 — SoLo, the US’s largest community finance platform, and only Black-owned financial services Certified Benefit Corporation in the U.S. and Canada, today announced it was named to the 2024 Big Path Capital’s MO 100 Top Impact CEO Ranking. The annual list shines a…
Company News
February 21, 2024
Five Realistic Tips to Ace Your #SoLoResolution in the New Year
As we dive headfirst into a brand new year, it’s time for a real conversation about financial resolutions. We get it – you’ve got your own unique financial journey, and the cookie-cutter advice often doesn’t cut it. So, let’s talk about #SoLoResolution – real goals for real people. Tip 1: Set…
Financial Education
December 22, 2023
How Thousands of Working Americans Delivered Over $275 Million Into Communities Needing Access to Capital
Los Angeles, CA, December 18, 2023 — SoLo Funds, the largest community finance platform in the U.S., is proud to share that its users have delivered over $275 million directly to underbanked communities by funding over 1 million requests for everyday necessities. This has saved U.S. consumers an…
Company News
December 15, 2023
SoLo Funds Announces Appointment of Patrick Armstrong as Chief Financial Officer
New Hire Comes Off The Heels of Record YOY Growth For Leading Community Finance Company Los Angeles, CA, December 6, 2023 — SoLo, the US’s largest community finance platform, is excited to announce the expansion of its leadership team, appointing Patrick Armstrong as the company’s Chief Financial…
Company News
December 6, 2023
Securing the Bag: Your Guide to Wise Holiday Spending
With the holidays approaching and the clock ticking, it’s time for a SoLo-style Holiday countdown. We’re here to share tips to make your holiday season more financially manageable and enjoyable. So, let’s dive into the checklist with a twist. Set a budget based on what you can afford, not what you…
Financial Education
November 16, 2023
Six Spooky Money Thoughts & How to Face Them
Boo! 👻 As Halloween draws near, it’s time to confront the scary thoughts that might be haunting your financial mindset. With SoLo by your side, you’re not navigating eerie money myths alone. Let’s transform fears into strategies for a brighter financial future. “I’ll save for retirement later. I…
Financial Education
October 18, 2023
SoLo Funds Strengthens Leadership Team with Appointment of Lauren Smith as Chief Operating Officer
New Hire Comes Off The Heels of Record YOY Growth For Leading Community Finance Company Los Angeles, CA, October 5, 2023 — SoLo, the US’s largest community finance platform, is excited to announce the expansion of its leadership team, appointing Lauren Smith as the company’s Chief Operating Officer…
Company News
October 5, 2023
Get Money with SoLo: Using the 50/30/20 Budgeting Method
Anyone who relies on a paycheck knows that budgeting is crucial. Inflation and the looming student loan repayments mean we need to know exactly how much money we have and where it’s going. Our fave – the 50/30/20 budgeting method – is a simple yet effective approach to taking charge of your money…
Financial Education
September 19, 2023
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SoLo Funds, Inc., a Certified Public Benefit Corporation, is a financial technology company, not an FDIC insured depository institution. Banking services provided by Bangor Savings Bank, Member FDIC. The SoLo Mastercard® Debit Card is issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circle design is a trademark of Mastercard International Incorporated. Spend anywhere Mastercard is accepted.

Lending through SoLo involves risk, including the risk of borrower default and loss of principal. Lender returns are not guaranteed, are not insured by the FDIC or any federal agency, and are not bank deposits. Historical performance figures reflect platform-wide averages and do not predict future results. Individual results vary.

All loan requests are subject to verification, lender proposal, and the requestor's final acceptance. Tips and donations are voluntary.

© 2026 SoLo Funds Inc.