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1. While the idea of being able to help my peers get quick, easy and relatively cheap loans (while also making a few bucks) seemed great this app just leaves too much room for lenders to lose.
2. The offered "insurance" (that you have to pay extra for) is structured in such a way that unfairly favors the app, and will have you losing alot of money.Update: after talking to support we were able to resolve the issue.
3. Disappointed as a friend with Iphone recommended that app, so I signed up for notification when it came to Android, and it's not working.I've used Plaid the connect my bank to other apps with no issue.
4. I hope I don't ever need to utilize any larger loans but it's comforting to know the possibility is there, especially if you pay loans back on time and maintain a high borrow scoreLove this app! Super easy to use.
5. #dev It's frustrating having login issues, reaching out to the help desk to receive automated responses, explained the situation after initial contact.
6. LEGIT.🍀I've seen a few different apps along the same lines of SoLo, tried one in a bind a while back (unsuccessfully and left a bad taste) so I was a bit hesitant to try another, but I'm happy I did.
7. 😮 💨 Update 4/14 support still lost via email from them on 4/13 saying their still trying to figure it outAs a borrower and lender, this app is fantastic.
8. I really like the concept if you pay your loans back on time your score goes up and you get offers much faster.
9. There seems to be a bug with logging in with my phone number after signing in initially.Great concept, poorly executed.
10. Also, there is too much risk to the lenders, the insurance is also overpriced and doesn't provide enough coverage(90%).So far the app is great.
11. For the first year I was getting accepted and paid on time every single time and sometimes early (score of 99, highest score).