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SoLo Funds Reviews 2,505

TrustScore 4.5 out of 5

4.5

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Review summary

Created with AI, based on recent reviews

Looking at 1,396 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently highlight the app's ease of use and the straightforward process for obtaining funds, often within minutes or hours of their request. Many appreciate the quick access to emergency financial assistance and the supportive community aspect, where people help each other. The service is consistently described as helpful and efficient, providing a valuable resource for those in need. However, some people mentioned issues with customer service, citing unresponsiveness and problems with card verification or payment processing. A few other people also felt that the payment structure could be confusing, with concerns about fees and how they are applied to lenders and borrowers.

What people talk about most

User experience

Consumers find the user experience to be positive, highlighting the app's ease of use and straightforward... See more

Payment

Users describe ambiguous interactions with payment, with some reviewers reporting quick funding and an easy... See more

Service

People report positive experiences with the service, highlighting its efficiency and ease of use for securing... See more

Application

Customers had positive experiences with the app, describing it as helpful, fast, and easy to use for both... See more

Customer service

Clients share positive opinions on customer service, with many reviewers finding the support to be very... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Solo will make you go LOCO when you discover how simple they have made p2p lending and borrowing. Tired of borrowing Money from your parents ? If so then download solo funds. An app I guarantee you w... See more

Company replied

Rated 5 out of 5 stars

As soon as I requested a loan the first time a lender proposed to me within minutes! I started with a 52 and after only 1 loan repayment I increased to a 63!! I applied recently again and multiple pro... See more

Company replied

Rated 5 out of 5 stars

Due to an emergency, I found myself in need of help. I had heard about the SoLo Funds app and network and registered. The process was very easy. But what was most important to me is that it is a place... See more

Company replied

Rated 5 out of 5 stars

Well, for a community run system such as this it is quite spectacular. True to form, no credit checks and everyone starts off with a fair shot to grow and build credit with the app ecosystem. And it w... See more

Company replied


Company details

  1. Alternative Financial Services
  2. Non-bank financial service

About SoLo Funds

Written by the company

SoLo is the leading community finance platform focused on working class communities. Our members borrow on their own terms and lend to make industry leading returns or a social impact.

SoLo has over +3 million users, +2 million loans funded with 82% of its members being from underserved zip codes. As one of the few certified Benefit Corporations in financial services, SoLo has emerged as the new financial service leader on pace to deliver $1B back into working class communities by Q1 ‘26.

The traditional financial system has failed our communities, excluding them from returns and access to short term cash. SoLo created something different, something more human. They went back to the basics, creating a community where people could support each other financially. SoLo calls this community finance.


Contact info

Promotion box for SoLo Funds

The #1 Community Finance App

Where you borrow, lend & bank on your terms. The peoples choice.

4.5

Excellent

TrustScore 4.5 out of 5

3k reviews

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Rated 5 out of 5 stars

First time using anything like this and…

First time using anything like this and it was so awesome! People helping people was so great to see!!

21 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Jennifer,

Thank you for your continued support. We're incredibly grateful that you've chosen to share your positive experience with Solo.

Being part of our community inspires us to constantly strive for excellence. If there's anything else we can do to assist you, please let us know.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Great app to find funding you need in a…

Great app to find funding you need in a pinch.

21 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Griffin,

Thank you for taking the time to share your positive experience with us. We're pleased to hear that Solo made a difference for you. Your satisfaction is our top priority, and your review reaffirms the hard work we put in every day.

We look forward to seeing you again soon.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Helped me on my emergency bills

Helped me on my emergency bills. I truly have the trust with Solo always there for my needs

22 May 2026
Unprompted review
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re so glad Solo could help during a difficult moment with your emergency bills. Earning your trust means a lot to us, and we’re grateful to be there when you need support.
Thanks for being part of the Solo community!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re happy to hear the process felt easy and seamless for you. Providing a simple and smooth experience is what we strive for. Thanks for choosing Solo!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Love the App Thanks to all the people…

Love the App Thanks to all the people out there who are willing to help the people in need.

12 May 2026
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Reply from SoLo Funds

Dear Jolynn,

We’re so happy to hear you love the app. The support from our community of lenders truly makes a difference, and we’re grateful to have you as part of Solo.
Thanks for sharing your experience!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

The company is there when I need them…

The company is there when I need them the most

20 May 2026
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Reply from SoLo Funds

Dear Tracey,

We’re glad Solo could be there for you when you needed support most. Helping our community through important moments is exactly why we do what we do.
Thanks for being part of Solo!

Thank You,
SoLo Community Expert

Rated 4 out of 5 stars

Easy to use great help desk when you…

Easy to use great help desk when you have questions

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Krista,

We’re happy to hear you found Solo easy to use and that our help desk was able to support you when you had questions. We appreciate you being part of the Solo community!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars
SoLo Funds logo

Reply from SoLo Funds

Dear Shane,

We'd love to see you again! We believe that staying connected is key to building a strong community.

Follow us on social media and share your Solo experience with your friends.
Our community is made up of people like you who want to help others, and we are grateful that you are a part of it.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

My loan was almost instantly

My loan was almost instantly. The community on Solo is amazing

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear PB,

Thank you for your positive feedback. We're thrilled to hear that Solo met your financial needs.

Your feedback is invaluable to us and plays a crucial role in helping us enhance our offerings. We look forward to the opportunity to serve you again.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

This app is awesome comes in handy when…

This app is awesome comes in handy when you need it…There are people who are willing to help out a stranger ❤️

20 May 2026
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Reply from SoLo Funds

Dear SM,

We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of trans­parency, simplicity, and unfair terms.

Thank You for being part of our community where people support each other.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Nice community

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Chris,

We'd love to see you again! We believe that staying connected is key to building a strong community.

Follow us on social media and share your Solo experience with your friends.
Our community is made up of people like you who want to help others, and we are grateful that you are a part of it.

Thank You,
SoLo Community Expert

Rated 1 out of 5 stars

Good concept but lender loses 12% (solo…

Good concept but lender loses 12% (solo fee)if borrower is one day past due date. They make it sound like the borrower is being charged but a perfect example is if a $500 loan is repaid one day after the due date solo takes $60(solo fee) and the lender only gets back $440. Not sure how this makes any sense, penalizing the lender instead of the borrower. Their SLP protection is pretty much the same thing where you would lose 10% if borrower is one day past due date. They basically try to spin what they're telling you. I like the idea and would invest a lot more money but they have to support their lenders more. Support your backbone solo and you'll have a lot more lenders. I'm assuming we'll see the typical reply of we're trying to recover your money, I'm good with that but charge the borrower not the person providing.

24 April 2026
Unprompted review
SoLo Funds logo

Reply from SoLo Funds

Hello,

Thank you for reaching out.

To help us better serve you, kindly provide your email address or account name or ID so we can accurately identify your account.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Didn't have to wait for a long time to…

Didn't have to wait for a long time to make a decision. Money came right on time. Thanks 🙏

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Janet,

We’re glad Solo was able to make a quick decision and get the money to you right when you needed it. We appreciate your trust and look forward to serving you again.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Honest process..

Honest process... Real people helping people

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Luroy,

We developed SoLo to help people using something different, something more human, and we are glad to hear from you that it works.
We were tired of financial services not designed for our needs and the lack of trans­parency, simplicity, and unfair terms.

Thank You for being part of our community where people support each other.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars
SoLo Funds logo

Reply from SoLo Funds

Dear Destiny,

We’re glad Solo could be there for you during a tough situation. We appreciate your trust and are happy we could help when you needed it most.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

The response to time for approval and…

The response to time for approval and receiving your loan is great

19 May 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re glad to hear that your approval and loan disbursement process was fast and efficient.
We appreciate your trust in Solo and are happy we could serve you quickly.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Just doing your best to satisfy your…

Just doing your best to satisfy your customers

19 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Debra,

At Solo, we always do our best to satisfy our customers and provide helpful, reliable service when it matters most. We truly appreciate your trust.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Great company

Great company

19 May 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re happy to hear you had a great experience with Solo. We truly appreciate your trust and support.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Easy process!

20 May 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Jeani,

We’re glad to hear the process was easy for you. We appreciate your trust in Solo and are happy to make things simple and convenient for our customers.

Thank You,
SoLo Community Expert

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