Unlike other platforms, SoLo does not have any mandatory fees or subscription fees for borrowing or lending. There is a 1.99% fee for instant withdrawals to your external debit card. We provide a free withdrawal option via ACH that requires you to link your bank account to your SoLo Wallet. We don’t want fees to stand in the way of getting capital when members need it.
Our team is just an email away and ready to answer your questions.