# SoLo Funds: Lend & Borrow — user reviews > 813 indexed App Store user reviews of SoLo Funds by SoLo Funds Inc., rated 4.40/5 from 39,806 ratings. - Source: https://appshunter.io/ios/app/solo-funds-lend-and-borrow/id1270164837/reviews - App overview in markdown: https://appshunter.io/ios/app/solo-funds-lend-and-borrow/id1270164837.md - Rating breakdown: 5★ 32,314 · 4★ 1,505 · 3★ 792 · 2★ 665 · 1★ 4,530 ## What do users think of SoLo Funds? Overall sentiment: negative **Pros** - 💰 Helpful for emergencies - 🤝 Community-driven lending platform - ⚡ Quick loan funding - 🕰️ Flexible repayment periods - 🆙 Ability to build credit score **Cons** - 🤷‍♂️ Inconsistent customer support - 🤯 Unclear fees and policies - 🤕 High risk of loan defaults - 🤬 Lack of lender protection - 📉 Declining lender satisfaction **Commonly reported bugs** - App crashes and freezes - Payment processing issues - Account verification problems - Compatibility problems with certain cards **Most requested features** - Improved lender vetting process - Automated loan recovery system - Transparent reporting on loan statuses - Ability to filter borrowers by credit history - Enhanced communication channels ## Newest reviews (10 of 813) ### 4/5 — Great if you are in a bind *2026-08-14, version 3.91* I’ve borrowed and repaid 12 loans with solo. The initial fund of 100$ takes a little while to get someone to agree to because you don’t have any history of repaying the loans but once you get established you usually get funded instantly. The fees are a little high. They call it “tipping” the lender but I see it as interest on a loan which is fine. But then you also have to make a solo donation which is also another 20$. Like I said, if you are in a bind it is the simplest way to get some money. The only thing I don’t like is that when you loan is funded, say you get 250$ then you want to transfer it to your bank, it then charges you a little to transfer it so you may only get 243$ after everything. Then the payback amount would be around 305$. ### 3/5 — Good super emergency *2026-08-07, version 3.89* It’s a good product, but it’s expensive with the fees and the tip for the person on this note please be ready to spend at least $30-$100 just in fees to borrow the money The only reason I’m not a very big fan of it ### 3/5 — Crosby E *2026-08-04, version 3.89* 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. ### 5/5 — Awesome *2026-07-31, version 3.89* Total life saver ### 1/5 — Can’t verify *2026-07-30, version 3.89* 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. ### 1/5 — Response *2026-07-30, version 3.89* Nobody responds to your requests ### 5/5 — Customer Service is great *2026-07-30, version 3.89* Bernard from Solo Funds provided excellent customer service. ### 5/5 — Awesome app *2026-07-30, version 3.89* Awesome App and Awesome people really come in 100 when you need the most help ### 1/5 — Not Dependable *2026-07-30, version 3.89* 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. ### 5/5 — Borrow *2026-07-30, version 3.89* This is the best lending in borrowing app I’ve ever used ## Most critical reviews (10 lowest-rated) ### 1/5 — Absolute scam/ Ponzi scheme *2026-08-15, version 3.91* I started using solo funds and Everything was great. Then slowly the loans start getting more delinquent and repayments got later and later. Now, I’m sitting with 10 delinquent loans to the tune of $3500 with no communication from solo funds. The oldest one is 350 days outstanding as of today. All of the people I loaned money to had high rated scores and still I have so many delinquent loans either this is a scam or an algorithm that can control when you have delinquent loans versus repaid loans. This is definitely a Ponzi scheme. It is too bad because it was a fun app in the beginning. ### 1/5 — Don’t *2026-08-14, version 3.91* 👎👎👎 ### 1/5 — Try something else this ain’t it *2026-08-11, version 3.90* I only have one account because I don’t need 10 accounts but the app says the more accounts u link the more higher “credit” score u get so I started with a low number ask for a min amount to test the waters and nothing because of that score yet I looked and people who literally have late payments because the app allows you to check there history those people are getting 100’s of dollar loans I asked for 20 bucks paying back 30 and nothing because that lil score makes me look like you don’t pay bills so this app is for people with all kind of debt your basic worker who has 1 account this won’t work for you my score was a 46 or something like that and they keep pushing to add more accounts I feel this is a scam don’t waste your time ### 1/5 — Not real *2026-08-09, version 3.89* This app is not accurate or truthful. All the users are bots. There are no actual people in the community. I’ve put in request after request and nothing ever got picked up in a span of six months trying to use this app. After the 12th request that expired after the 3 days waiting period cus no one picked it up. But youre telling me that 60 people that requested $650 have alllll gotten the request funded meanwhile NO ONE can fund a 30$ request? The LIES this app tells. You just take peoples information and have them be lenders to pay out the bots. Then they don’t get the money back. So essentially they are just paying YOU SOLO to stay open while the LENDER loses out on money they won’t ever see again. ### 1/5 — Bots requesting loans *2026-08-08, version 3.89* The app looked promising I mean you can help people out by giving out a loan while also making a little something for yourself with tips that people give you for helping them… win win for everyone right? Boy was I wrong, I did a little research on a person that needed a loan, you can see their repayment history within their profile, so I felt comfortable enough to give it out to a person that needed it for lunch. They had been repaying the other people back that lent them. so I figured they would do me the same way. Well the day the loan was supposed to be repaid I noticed they offered me half the credit of my loan which I thought was a little suspicious considering the loan was due and not late until the next day. Long story short. I don’t think I will get my money back because they have bots pretending to be real people, & also they won’t let me take out a loan either, everytime I try to apply it says something went wrong. So now the app is completely useless to me!!! Trust me don’t waste your time on this bogus app… ### 1/5 — Loans *2026-08-07, version 3.89* I don’t like that we got get points to get a loan ### 1/5 — Do Not Lend *2026-08-07, version 3.89* I currently have 4 loans that are all overdue by at least 275 days. This app seemingly does nothing to recover overdue loans ### 1/5 — Waste of time and money *2026-08-06, version 3.89* Don't invest your money here you will surely lose and the credits they give you after taking a loss, you won't be able to withdraw they want you to use it to spend in their app to lose more money ### 1/5 — Return on loans *2026-08-05, version 3.89* 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 ### 1/5 — Spam emails *2026-08-01, version 3.89* I deleted the account. Why is it still sending me emails?? ## Most praised reviews (10 highest-rated) ### 5/5 — 5stars! *2026-08-16, version 3.91* Awesome! Super fast funding! Less than 5 mins and someone had funded my request and with in 20 mins the funds were in my wallet! Thanks! ### 5/5 — MissD *2026-08-15, version 3.91* Thank you so much an ### 5/5 — Numberoneappp *2026-08-13, version 3.90* 10 of 10 ### 5/5 — Awesome platform *2026-08-11, version 3.89* Great platform and will ### 5/5 — Customer service *2026-08-10, version 3.89* Having problems with this app for the past few days but someone by the name of CARL in the help desk was extremely helpful and very patience i do very much appreciate him ### 5/5 — Unexpectedly Great *2026-08-10, version 3.89* Not a review person. Needed a couple bucks for some stuff. This peer 2 peer lending is a great alternative to predatory cash advance apps. Got a loan fulfilled in like 3 mins ### 5/5 — Love this app *2026-08-09, version 3.89* When I tell you solo has been my life saver ! From unexpected bills to being late on bills solo has been my back up in times of need ! ### 5/5 — Carl *2026-08-03, version 3.89* He was a very big help to me ### 5/5 — Good idea I like it *2026-08-02, version 3.89* You can borrow money and make money when you need to very niche love it ### 5/5 — Great app *2026-08-02, version 3.89* 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. --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-30.*