Earn money with your money. And feel good about it.
You should be able to earn money with your money – with more control.
SoLo makes it simple. You lend money to other members, to help them replace a tire, cover a bill or for any other reason. They pay you back and add a voluntary tip as a sign of appreciation.
You benefit. So does the borrower.
Browse requests. Choose what to fund.
Requests for loans list the dollar amount and the tip offered, if any, the reason for the request and when the borrower will pay you back.
Choose which request you want to fund.
Get comfortable before you lend.
You can check another member’s score and repayment history and see how they’ll use your money.
Protect your loan.
With SoLo, you can be confident your loan will be paid back on time but missed payments can happen. For extra peace of mind, add SoLo Lender Protection, which will cover you if something goes wrong.
Do more with an Impact Account.
A SoLo Impact Account lets you earn on your money. Instead of choosing each and every loan to fund, you add money to the account, choose your options and keep a minimum balance. Every month, you see your impact and returns.