SoLo Funds: Lend & Borrow
SoLo Funds: Lend & Borrow App Info
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App Name
SoLo Funds: Lend & Borrow
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Price
Free
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Developer
Solo Funds
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Category
Finance -
Updated
2026-01-06
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Version
2.10.8
Frequently Asked Questions
How do I get started with SoLo Funds on my mobile device?
Download the app from the App Store or Google Play, sign up with your details, and follow the onboarding prompts to set up your account easily.
How do I create a loan request as a borrower?
Open the app, navigate to 'Request a Loan,' enter the amount, repayment plan, and submit your request to the community.
What are the main features of SoLo Funds I should know?
Key features include community-driven lending, SoLo Score for risk assessment, Solo Protection for security, and SoLo Wallet for managing funds.
How does the SoLo Score help me trust borrowers?
The SoLo Score reflects repayment history and endorsements, helping lenders evaluate borrower reliability easily within the app.
Can I decide the loan terms myself?
Yes, borrowers set their own loan amount and repayment schedule, which lenders can then review and accept based on their preferences.
Is there a fee to use SoLo Funds?
No, SoLo Funds is transparent with no hidden fees, including no minimum balance, transaction, or overdraft charges.
How do I withdraw or deposit funds in the SoLo Wallet?
Go to 'Wallet' in the app, then select 'Deposit' or 'Withdraw' options to link your bank account and manage transactions securely.
Are there any costs for borrowing or lending?
The platform is transparent, and all costs are disclosed upfront. There are no hidden fees or charges for participating.
What should I do if I experience technical issues with the app?
Try restarting the app, check your internet connection, or contact SoLo support through 'Help' in settings for assistance.
Is SoLo Funds suitable for first-time users?
Yes, the app is designed to be user-friendly for beginners, guiding you through each step for a smooth experience.
