Banner for SoLo Funds

SoLo Funds Reviews 2,505

TrustScore 4.5 out of 5

4.5

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

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 Service
  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

5-star
4-star
3-star
2-star
1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

At Trustpilot, it's all about human content. This business can also access our AI-assisted response tool which helps them draft replies.

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars
SoLo Funds logo

Reply from SoLo Funds

Hello,

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

I love this app it helps me when I need…

I love this app it helps me when I need it the most !

May 22, 2026
Unprompted review
SoLo Funds logo

Reply from SoLo Funds

Dear Amber,

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

My first loan,and it went just like…

My first loan,and it went just like they said

May 25, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Garland,

We’re so glad your first loan went smoothly and matched your expectations. We appreciate you giving SoLo a try and welcome to the community!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Solo is a great fast alternative to get…

Solo is a great fast alternative to get emergency money when you need it. It’s a little expensive with tips and charges but if you need money quick no questions asked this is a great go to. But your account cannot be negative and you must use it often to get larger amounts.

January 10, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Lisa,

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.
Please note that tips are voluntary and set by the borrower. We allow our borrowers to increase their lending limit based on their repayment history on the platform.

We look forward to seeing you again soon.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Solo really did me a solid.

Solo really did me a solid.

May 26, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

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

Easy to use and easy to get a loan

Easy to use and easy to get a loan. I’m glad I found this site!

May 26, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Jeff,

We’re glad to hear the site was easy to use and that you were able to get the loan support you needed. We appreciate you choosing Solo and are happy to have you with us!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Solo staff really helpful ..Answers my…

Solo staff really helpful ..Answers my questions Clear and quickly..

May 21, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear KTu,

We’re happy to hear that the Solo team was helpful and answered your questions clearly and quickly. We appreciate your trust and are glad we could support you.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Was a very easy process.

Was a very easy process.

May 25, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Jake,

We’re glad to hear the process was very easy for you. We appreciate you choosing Solo and are happy we could make your experience smooth.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Solo Funds Came Through

Solo Funds came through when I needed it the most. I couldh't be happier....a real lifesaver when I was in a bind.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Tony,

We’re truly glad Solo Funds was able to come through when you needed support the most. It means a lot to know we could help during a tough moment, and we appreciate your trust in us.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Very easy and happy with the app and…

Very easy and happy with the app and how easy it was to get
A loan . Thank you.

May 25, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re so glad to hear you’re happy with the app and found the loan process easy. We appreciate you choosing Solo and are happy we could help!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Honestly one of the best experiences…

Honestly one of the best experiences I’ve had with a “loan” type of service. It’s peer to peer, everything from the profile creation to my 3rd borrow had been easy.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re glad to hear that Solo has been easy to use from profile creation through your third borrow. We appreciate your trust and are happy the peer-to-peer process has worked well for you.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

It's better than ANY ONLINE BORROW…

It's better than ANY ONLINE BORROW MONEY APP!. I'm cutting the rest off!
You know exactly what you paying back and no $9.99 a month fees just yo borrow $50

May 25, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Z Gray,

We’re really happy to hear that SoLo is giving you a clearer and more transparent borrowing experience.

We believe people should know exactly what they’re paying back, without confusing fees or unnecessary monthly charges. We’re grateful to have you in the SoLo community and appreciate your support!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Solo is amazing !

Solo is amazing !! I didnt believe this was real until I joined! Really A blessing if you find yourself in a bind.!!

April 26, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Shana,

We’re really glad Solo could be there for you when you needed support most. Hearing that the experience felt like a blessing means a lot to us.
Thanks for being part of the Solo community!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

A great experience

A great experience. Fast.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re happy to hear you had a great experience and that the process was fast and seamless for you.
We appreciate you being part of Solo!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars
SoLo Funds logo

Reply from SoLo Funds

Dear Becky,

We do not take it for granted that you trusted us with your financial needs.
We are pleased you joined our community and we look forward to helping you meet your goals again.

Thank You,
SoLo Community Expert

Rated 4 out of 5 stars

Everyone was very helpful when I needed…

Everyone was very helpful when I needed the money for expenses car repairs or very simple groceries.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

We’re glad Solo could help when you needed support for important expenses like car repairs and groceries. It means a lot to hear that you felt supported along the way.
We appreciate you being part of the Solo community!

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

It took a long to get a loan but this…

It took a long to get a loan but this time with the update I got one. Thanks Solo!

May 22, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Antoinette,

We understand the process may have taken longer before, so we’re really glad the recent update helped you get the loan you needed.
Thanks for sticking with Solo, and we appreciate you being part of the community!

Thank You,
SoLo Community Expert

Rated 1 out of 5 stars

Everytime I try to repay my loan it…

Everytime I try to repay my loan it will not go thru so now I gotta late charge when I been trying to pay it but it want go thru

May 22, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

Thank you for reaching out.

Please note that on the due date on your first payment attempt, the transaction failed due to a verification requirement on your card ending with 1986.
The following day, you attempted to manually deposit funds in your wallet, however this was also unsuccessful.

Your debit card has been reviewed and you can now proceed to repay your loan. No late fees will be applied up until 11 June, 2026.

Thank You,
SoLo Community Expert

Rated 5 out of 5 stars

Awesome place

Awesome place. Very helpful and informative. Lenders are awesome also. It’s nice to know people still care about helping.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Hello,

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

Wonderful

It took a few hours, but I received the money I needed.

May 23, 2026
SoLo Funds logo

Reply from SoLo Funds

Dear Martha,

We’re glad you were able to receive the money you needed, and we appreciate your patience during the process.
Thanks for being part of the Solo community!

Thank You,
SoLo Community Expert

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look