With the kind of beautiful services that SoLo funds provide it is not surprising to be looking for other apps like Solo funds. This app has saved many people from different embarrassing situations by providing a kind of lending solution that many other competitors couldn’t see.
If you need apps like Solo Funds, you also should understand that this company has a very unique selling point that made it stand out and it might be challenging to find the ones that best matched its standards. However, that is why we are here to help you by providing these apps.
The last time we shared the best apps that loan you money, we got a lot of mixed reactions and this time, the Solo Funds alternatives are what you want to read till the end in order to decide which loan app to run in times of need. But before then;
What is Solo Funds App All About?
Solo Funds is one of the best lend and borrow apps on the internet today. If you have not encountered Solo Funds app but have been using loan apps like Beforepay, then you are missing out.
The company was founded by a group of friends having been frustrated by how rigid financial service providers have been. They decided to write their own story; ever since it has become a new norm to access emergency loans.
Peer to peer lending apps started in the UK but have become a global practice today with Solo Funds being at the forefront of the game.
Having said that, let us go into the process of looking at other apps that are like Solo Funds that can loan you money from either peer to peer or brokerages.
Top 10 Apps Like Solo Funds For Peer To Peer Lending
Solo Fund alternative apps are those that provide similar services to that of Solo Funds making money lending easier than the others and that is what we want to show you here. Although these apps don’t offer exactly the same value as Solo Funds;
Below are some of the best top loan apps like Solo Funds that provide peer-to-peer lending without restrictions or denial.
LendingClub is one of the top loan apps like Solo Funds. The app can lend you money up to a maximum of $40,000 at the speed of light without long documentation.
The platform provides personal loans to members from $100 to a maximum of $40,000 with fixed interest rates and the ability to spread your loan amount across months in order for it to be comfortable for you.
LendingClub also provides other financial services to members such as Auto Refinancing and banking services. With the company, you can operate checking and saving banking products with them and also pay half and drive home your car while LendingClub would spread the balance for you.
Zirtue is the best lending apps like Solo Funds. The app makes peer-to-peer lending super simple and straightforward. It is a direct match, fit, and alternative to Solo Funds loan app.
Zirtue has both Android and iOS app that enables lenders to borrow money from borrowers with maximum security of their monies. You can choose to lend the borrower your money by paying the specific bill they intend to pay while the Zirtue automated payment system would return your money to you when due.
The App has been very useful and maintains great transparency. The direct bill payment option helps businesses and individuals to offset their bills by allowing Zirtue peer lenders to pay for them.
Hundy is an example of other apps like Solo Fund. If you need a Solo Funds alternative to get loans from your peers, then Hundy is another one that can give you loans by raising money from other members up to $250 while you repay on your next paycheck.
If you are looking for apps like solo funds for Android, this might not be one of the options for you as Hundy only has an app for Apple Appstore only.
Lenme is another super incredible loan app like Solo Funds that allow you to comfortably borrow from $50 to $5000 from borrowers who are like lenders. The platform tried to bypass Solo Funds to provide even an investment wallet that allows you to save money and use it to borrow from lenders.
As one of the best peer-to-peer lending apps like Solo Funds, companies or individuals who are into loans or have the money to provide such financial services, can utilize the Lenme platform to do so.
Earnin is another alternative to Solo Funds that operates a little bit in a different dimension. The app allows salary earners to get paid days before the payday comes.
Unlike Solo Funds which operates as a peer to peer lending app, Earnin works in such a way that you can apply for a quick cash advance and receive disbursements into your account, and it’s deducted from your next paycheck.
6. Happy Money
Although Happy Money doesn’t operate a peer-to-peer lending app like Solo Funds but serves a great purpose as an alternative to Solo Funds.
This is one of the apps that can truly make personal loans different. It claims money doesn’t give happiness but its platform makes getting personal loans happier.
Prosper has been in existence since 2005 and is also a very good alternative to Solo Funds. If you need a good app like Solo Funds that can give you a loan quickly, Prosper is one of them. The app serves many purposes including savings, credit cards, investments, and personal loans.
With Prosper, you can get a personal loan of up to $50,000. You can also get home equity up to $500,000 while you also enjoy unbeatable interest rates.
Klover is a very unique app like Solo Funds. While Solo Funds does crowdfunding to allow individuals to finance loans, Klover gives you up to $200 for free and takes it from your next payday. It does this effortlessly without interest rates or late repayment fees.
Even though you have bad credit scores, Klover never bothers about that but would give you an instant loan for a cash advance.
If you need a loan app to build your credit scores, then MoneyLion is the best option for you. You can start with bad credit scores and use MoneyLion to build your credit scores and qualify for higher loan amounts with any broker.
MoneyLion is a good alternative to Solo Funds that gives you many financial services including investing your money in stock markets and earning a sizeable passive income.
10. Possible Finance
Even though you are a low-income earner, Possible Finance can still borrow you money up to $500 without interest and late repayment fees. The company is one of the popular financial companies in the US that gives fast cash advance services without credit checks.
Any amount you take with MoneyLion, you can split into 4 installments payment just to make it easy for yourself while repaying the loan. It is one of those apps like Solo Funds that you want to give a trial.
Is There Another App Like SoLo Funds?
Yes, there are a lot of other apps like Solo Funds that provide peer-to-peer lending. Some other apps like Solo Funds include Lenme, Zirtue, Hundy, and LendingClub. These apps operate in exactly the same way that Solo Funds operates providing a peer to peer lending solutions that enable members to give loans and also access loans.
Although each of these apps has its own selling point all serve similar functionalities by offering loan opportunities to a large customer market. You don’t have to worry about whether or not a loan company is going to deny you a loan or not because the loans are all coming from individuals who are out there to help each other and at the same time earn money doing so.
Why is my SoLo score so low?
The reason why your Solo Funds scores will be so low is that you refused to be responsible for fulfilling your loan obligations. When you borrow money from your peers on the Solo Fund app, you should repay it back at the appropriate time because failure to do so will decrease your Solo Scores while being more responsible and repaying your loans faster will give you higher Solo scores.
The higher your solo score the better your chances of getting a loan approved by your peers. You can easily get any amount you want on Solo Funds as far as you do not become a culprit or defaulter.
Where Can I Borrow Money ASAP
One of the places you can borrow money ASAP is on Solo Funds app. As one of the best peer to peer lending apps, Solo Funds would give you a loan instantly if your peers approve of it and the money is disbursed into your account.
The complete list of where to borrow money asap can be found here and you can get an instant loan when you meet up with their criteria. It is important to note that there might be high interest on this loan you would get and it is advised you always use friends and family to look for your loans before sourcing for alternative means to get to avoid getting into financial crises.
There are a lot of apps like Solo Funds but these top 10 serve as a great alternative to Solo Funds. Each of these apps might have its own selling point that made them stand out but the actual sense is that they all have been helpful to the public in getting quick cash loans and payday cash advances. Do your own research before using them.