SoLo Funds User Reviews
Customer Experience
~ Based on 796 written reviews from the US App Store.
What users say
Summarized from real user reviews of SoLo Funds. Based on 39K reviews and a 4.4/5 average, it highlights the 5 positives and 5 negatives reviewers mention most about this Finance app.
Positive things
- 💰Helpful for emergencies
- 🤝Community-driven lending platform
- ⚡Quick loan funding
- 🕰️Flexible repayment periods
- 🆙Ability to build credit score
Negative things
- 🤷♂️Inconsistent customer support
- 🤯Unclear fees and policies
- 🤕High risk of loan defaults
- 🤬Lack of lender protection
- 📉Declining lender satisfaction
Is SoLo Funds Safe?
SoLo Funds: Lend & Borrow appears safe based on user ratings. AppsHunter Safety Score for SoLo Funds is 88/100.
This assessment is based on 38,545 user ratings, with an App Store average of 4.4/5.
Safety Analysis
~ Based on 32,444 App Store ratings for SoLo Funds.
Is SoLo Funds Legit?
SoLo Funds: Lend & Borrow appears to be a legitimate app. AppsHunter Legitimacy Score for SoLo Funds is 83/100.
Based on 83 of 100 points across 7 verification signals from App Store and developer data.
Top reviews
Right now I have approximately 28 loans out and nearly 10 are late or very late. What is going on?? Maybe this site is a scam
I’m not satisfied with solo funds, you guys took forever to make a decision if you’ll honor the funding or not, especially when I stated that the money I’m borrowing is for emergency.
He was a very big help to me
You can borrow money and make money when you need to very niche love it
Turn the donation funds off or you will pay back a lot extra but it’s a great app - I’ve paid back 4 loans so far just good to get through week. Your amount to ask for goes up every time you pay back a loan.
I deleted the account. Why is it still sending me emails??
Total life saver
Entered all my info correctly several times. Still unable to verify for some reason. A few months before I was verified, but it wasn’t available in CA.
Nobody responds to your requests
Bernard from Solo Funds provided excellent customer service.
Awesome App and Awesome people really come in 100 when you need the most help
Solo seemed super promising but it’s been a headache when it comes to transferring funds from SoLo to my bank. The first issue involved a failed instant transfer that took like a week to fix and I had to add another account to withdraw funds. Now there is an issue transferring funds again. You get access to a wallet and a card that you can add to Apple Pay but everything declines. Then charges pend forever (14 days currently)taking away from your available balance. Lastly when things go wrong you can’t even use the funds on SoLo to pay towards the loan so you’re putting more money into the platform where you already have funds that you cannot use. It’s all so messy.
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This is the best lending in borrowing app I’ve ever used
Awesome way to lend or borrow. I like this new way very much simple and quick
I don’t usually write reviews but this app helps me so much. Since I am a server I don’t qualify for many traditional loans and this app has helped me so much and easy process of paying back. Thanks for creating this.
This is a brilliant idea! Well done!
Very fast and convenient
Highly extremely highly recommend
Tried to be a nice person & lend $ a few for $50 paid back, but as soon as I lent over that amount they didn’t pay back even with good scores, I’m starting to thing this is a scam & now I’m out $400 on 3 unpaid loans either Solo took my $ or people are A holes & just use the app to take advantage of people! Don’t lend your $ here you will never see a ROI and will lose it all
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I guess everybody else’s experience has been different than mine cause nobody has picked up the loan or anything else. I’ve literally just been checking it and I think that’s the whole thing of it all cause the more people that use the app or download the app the more money they made but as far as I’ve seen, I haven’t seen any generating of anything and it’s not like we are getting $1000 or whatever I’m glad that I am trying to get a loan first instead of giving out the loan cause I’ll probably never see it again
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