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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
SoLo Funds for Construction Workers and Day Laborers: Cash on Pay-Per-Job Schedules
Quick Take Construction pay swings with the weather, the job, and the draw schedule. A rained-out week or a delayed payout can leave a real cash gap. SoLo Funds gives construction workers and day laborers a way to request $20 to $650 in cash with a repayment date up to 35 days out and no […]
Work & Cash
July 17, 2026
SoLo Funds for Truck Drivers and Owner-Operators: Cash Between Loads and Settlements
Quick Take Trucking pay is uneven by design. Weekly settlements, percentage-of-load pay, and slow seasons can leave a real gap between income and bills. SoLo Funds gives CDL drivers and owner-operators a way to request $20 to $650 in cash with a repayment date up to 35 days out and no mandatory…
Work & Cash
July 17, 2026
SoLo Score vs. FICO Credit Score: What’s the Real Difference?
Quick Take A FICO credit score is a 300 to 850 number based on credit bureau data, used by traditional lenders for credit cards, mortgages, and personal loans. The SoLo Score is a SoLo Funds risk measure built from primary bank account activity. It is used only on the SoLo marketplace and affects…
SoLo Score and Cost of Credit
July 17, 2026
How to Increase Your SoLo Funds Borrowing Limit Over Time
Quick Take First-time borrowers on SoLo Funds usually start at a smaller limit. The cap grows over time with repayment history and a stronger SoLo Score. The maximum loan amount on SoLo is $650. The path from a first loan to the maximum is built by repaying on time, linking the primary checking…
SoLo Score and Cost of Credit
July 17, 2026
SoLo Funds vs. Klarna: BNPL at Checkout or Real Cash in Hand?
Quick Take Klarna is a buy now, pay later product. Pay in 4 splits a single purchase into four payments over six weeks, interest-free if paid on time per Klarna Terms. SoLo Funds is a peer-to-peer lending marketplace. Members can request from $20 to $650 in cash with a repayment date up to 35 days…
Compare
July 17, 2026
SoLo Funds for Restaurant and Tipped Workers: Cash Between Slow Shifts and Tip Drops
Quick Take Restaurant and tipped income is volatile by design. A slow Tuesday, a closed kitchen, or a delayed tip-out can drop a week’s pay without warning. SoLo Funds gives tipped workers a way to request $20 to $650 in cash with a repayment date up to 35 days out and no mandatory interest…
Work & Cash
July 17, 2026
Can You Use SoLo Funds for Car Repairs, Medical Bills, or Rent? What Members Actually Borrow For
Quick Take SoLo Funds delivers cash to a member’s bank account. Members can use it for nearly any legal personal expense from $20 to $650. The most common use cases are rent gaps, car repairs, medical bills, utilities, groceries, daycare, pet bills, and bridging time between paychecks. Funding is…
Borrowing on SoLo
July 17, 2026
SoLo Funds vs. Self Credit Builder: Two Very Different Tools for Members With No Credit
Quick Take Self Credit Builder is a savings-backed installment loan. The loan amount is held in a CD, the member pays monthly, and the payment history is reported to the three major credit bureaus. SoLo Funds is a peer-to-peer cash loan marketplace. Members can request from $20 to $650 with a…
Compare
July 17, 2026
SoLo Funds vs. Tilt: Subscription Cash Advance or Peer-to-Peer Marketplace?
Quick Take Tilt is the rebranded Empower app. It is a subscription cash advance tool with a flat monthly fee and an instant cash advance feature that uses bank data to set the limit. SoLo Funds is a peer-to-peer marketplace. Members can request from $20 to $650, set a repayment date up to 35 days…
Compare
July 17, 2026
SoLo Funds vs. Apple Pay Later: Checkout Installments or Cash in Your Account?
Quick Take Apple Pay Later is a buy now, pay later product built into Apple Wallet that splits a single purchase into four payments over six weeks. SoLo Funds is a peer-to-peer lending platform. Members can request from $20 to $650 in cash with a repayment date up to 35 days out, with no mandatory…
Compare
July 17, 2026
Can You Use SoLo Funds Without a Bank Account? What Cards Work and Why
Quick Take SoLo Funds requires a linked checking account at a US bank or credit union and a valid debit card to send and receive money on the platform. Prepaid cards and gift cards are not accepted. Cash App, Venmo, and PayPal balances are not the same as a checking account for SoLo’s purposes.…
Borrowing on SoLo
July 17, 2026
How to Repay a SoLo Funds Loan Early (and How It Helps Your SoLo Score)
Quick Take SoLo loans use a single repayment date the member chooses, up to 35 days out. Members can repay early at any time inside the app. Early repayment can support the SoLo Score, which affects how quickly future requests get noticed by lenders and the size of loan a member can request. No…
Borrowing on SoLo
July 17, 2026
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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.