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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
SoLo Funds vs. Brigit: Which App Actually Works for You?
Quick Take SoLo is funded by real community members (peer-to-peer), not a corporation. Brigit is a cash advance app that provides advances directly, and eligibility can be stricter depending on account history and income patterns. Brigit may require a paid plan to access certain advance features…
Borrowing
April 6, 2026
SoLo Funds vs. Albert: Which App Is Actually Smarter With Your Money?
Quick Take SoLo Funds offers peer-funded loans up to $650, SoLo IQ, an AI financial coach built on real community transactions, and a Mastercard debit card, with no mandatory subscription fee. Albert offers cash advances (Instant) up to $250 and an AI financial advisor (Genius), but requires a…
Borrowing
April 6, 2026
How to Build a Lending Portfolio on SoLo Funds
Quick Take On SoLo, lenders can earn a tip set by the borrower on each funded loan. Actual returns vary based on repayment outcomes, fees, and portfolio diversification. Consistency and diversification matter, many successful lenders think in portfolios rather than individual loans. SoLo IQ can…
Lending
April 6, 2026
SoLo Funds for Bad Credit: Get Funded Without a Credit Check
Quick Take SoLo Funds is a peer-to-peer marketplace and does not use a traditional “minimum FICO score” requirement to post a request for funding. SoLo uses the SoLo Score, a proprietary platform metric provided to prospective lenders to help inform funding decisions. SoLo may use information from…
Borrowing
April 6, 2026
How to Request Your First Loan on SoLo Funds: A Step-by-Step Guide
Quick Take Tips are voluntary and set by the member requesting funds. No mandatory interest charges. If an account becomes seriously delinquent, third‑party debt collection may occur. See the current Terms of Service for details. SoLo uses a bank partner (Member FDIC). Deposit insurance may apply…
Borrowing
April 6, 2026
SoLo Funds vs. Chime: Which Is Better When You Actually Need Cash?
Quick Take Chime is a neobank offering SpotMe overdraft coverage (up to $200 for eligible members) and MyPay early wage access, both tied to having a Chime account and qualifying direct deposits. SoLo Funds is a peer-to-peer community marketplace offering loans up to $650, SoLo IQ (an AI financial…
Borrowing
April 6, 2026
SoLo Funds vs. Cleo: Which App Actually Comes Through When You Need Cash?
Quick Take Cleo is an AI-powered financial assistant that offers cash advances up to $250 and budgeting tools, with most features requiring a paid subscription. SoLo Funds is a peer-to-peer community marketplace offering loans up to $650, SoLo IQ (an AI financial coach built on real community…
Borrowing
April 6, 2026
How to Get Funded Faster on SoLo Funds: 7 Things That Actually Work
Quick Take Funding on SoLo is decided by real community members (lenders) who choose which requests to fund. Your SoLo Score, tip amount, loan size, and repayment history all influence how visible and attractive your request is in the marketplace. New members start with a $100 limit. As your SoLo…
Borrowing
April 6, 2026
SoLo Funds vs. Possible Finance: Which Is Actually Better for Bad Credit?
Quick Take Possible Finance offers installment loans up to $500, paid back over several bi-weekly installments, and reports to major credit bureaus to help build credit history. SoLo Funds offers peer-funded loans up to $650 with no traditional credit check, flexible repayment up to 15 days, and no…
Borrowing
April 6, 2026
SoLo Funds for College Students: Bridge Financial Gaps Without the Debt Trap
Quick Take SoLo Funds does not require a traditional credit history to borrow, which makes it accessible to students who haven’t had time to build a credit file yet. New members start with up to a $100 borrowing limit. The SoLo Score, a 0–99 platform rating, grows with each successful repayment and…
Borrowing
April 6, 2026
Congressman Jonathan Jackson Defends SoLo Funds in Letter to CFPB Director Chopra
At a Glance , What You Need to Know On September 5, 2024, U.S. Congressman Jonathan L. Jackson , Democrat representing Illinois’ 1st Congressional District, member of the House Committee on Foreign Affairs, and son of civil rights leader Rev. Jesse Jackson , wrote a formal letter to CFPB Director…
Company News
April 5, 2026
CFPB vs. SoLo Funds: Dismissed With Prejudice | The Complete Regulatory Record
At a Glance , What You Need to Know SoLo Funds has faced regulatory scrutiny at both the state and federal level since 2022. The complete record shows: every single state resolution was reached without any admission of wrongdoing and without any adjudicated finding that SoLo misled or harmed…
Company News
April 4, 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.