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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 Re-Certifies As A B Corp, Doubling Down On Commitment To Scaling With Purpose
Operating Consciously While Saving Borrowers $4.3 Million Compared To Subprime Credit Cards In 2025 Los Angeles, CA, March 11, 2026 — SoLo Funds, the premier AI-powered community banking solution, is proud to share that it has officially earned its B Corp recertification while saving its borrowing…
Company News
March 11, 2026
SoLo Funds Members Have Given $700M in Loans to Those Needing Immediate Access to Capital
*Originally featured in Fast Company AI-powered Community Banking Solution Is Humanizing Money By Turning Everyday People Into Agents Of Change Los Angeles, CA, November 13, 2025 — SoLo Funds, the premier AI-powered community banking solution, is proud to share that its users have provided $700…
Company News
November 13, 2025
How Much Can a $500 Loan Really Cost You?
Breaking Down the Total Cost Emergencies don’t wait for payday. A $500 loan can cover an urgent car repair, medical bill, or utility payment , but depending on where you borrow, that $500 might cost hundreds more in hidden fees. Our 2025 Cash Poor Report analyzed the true cost of borrowing across…
Borrowing
November 10, 2025
SoLo Funds Launches ‘SoLo IQ,’: The AI-Powered Financial Coach Built On $1B+ Transactions
The Only Personalized Financial LLM On The Market Delivers Smart Money Tools And Insights Straight To Consumers Los Angeles, CA, September 17, 2025 – SoLo Funds , the US’s largest community finance platform, is announcing today ‘SoLo IQ,’ the only AI-powered personalized financial LLM assistant…
Company News
September 17, 2025
The 3-2-1 Lending Strategy: Smarter Diversification on SoLo Funds
School is in session. Today, we’re going to talk about one of the most important lessons every SoLo lender needs to master: how to diversify your lending approach so your returns are steady, your risks are balanced, and your participation helps strengthen the entire SoLo marketplace. Whether you’re…
Lending
September 5, 2025
SoLo vs. Buy Now, Pay Later (BNPL): Which Is Better for Short-Term Needs?
SoLo vs. Buy Now, Pay Later (BNPL): Which Is Better for Short-Term Needs? When unexpected expenses hit, BNPL options like Klarna and Affirm can appear appealing,split a payment over time with “no interest.” But the 2025 Cash Poor Report reveals the sticker shock hidden behind those promotions:…
Borrowing
August 26, 2025
SoLo vs. Credit Cards: Why SoLo Borrowing Wins
SoLo vs. Credit Cards: Why SoLo Borrowing Wins When an unexpected expense pops up, most people reach for a credit card. It feels easy , swipe now, figure it out later. However, what many don’t realize is how quickly interest charges and compounding balances can turn a small emergency into long-term…
Borrowing
August 26, 2025
Peer-to-Peer Lending Redefined: How SoLo Funds Is Different from Traditional Platforms
Peer-to-Peer Lending Redefined: How SoLo Funds Is Different from Traditional Platforms Peer-to-peer (P2P) lending has been around for nearly two decades. Platforms like LendingClub and Prosper introduced the idea of matching borrowers directly with investors, offering an alternative to banks.…
Lending
August 26, 2025
SoLo vs. Earned Wage Access: Understanding the Difference
When unexpected expenses hit, quick access to cash can feel like the difference between stability and stress. While Earned Wage Access (EWA) platforms and SoLo Funds may seem similar at first glance, the way they work , and who they work for , is fundamentally different. EWA is tied directly to…
Borrowing
August 21, 2025
Understanding Fees on SoLo Funds as You Lend
Lending on SoLo Funds offers more than competitive returns , it gives you a direct way to create impact while generating income. However, to maximize those returns, it’s important to understand the fees involved and how they fit into the lending timeline. This guide walks you through every…
Lending
August 21, 2025
When the System Fails: Social Security Disruptions and the Need for Community-Based Financial Support
As Social Security disruptions hit vulnerable Americans, platforms like SoLo Funds provide emergency cash relief through peer-to-peer lending. Social Security Delays Are Putting Lives on Hold Across the U.S., people who rely on Social Security checks to survive are facing major problems. Payments…
Borrowing
May 26, 2025
Soft Saving: Why Gen Z Is Shifting Their Financial Strategy — And How SoLo Funds Fits In
In today’s economy, saving money doesn’t always look the way it used to. For Gen Z, traditional ideas of “saving everything for later” are being replaced by a more flexible, realistic approach called soft saving. This shift isn’t about irresponsibility,it’s a response to real economic pressures:…
Financial Education
May 14, 2025
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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.