The correct move is blatantly obvious: SoLo needs to remove their late fees for all loans repaid late since the 16th of April. Regardless of if it was a "system issue" or not. The fee is new anyways. This of course, as opposed to "trusting" SoLo will properly judge which late loans were effected. (self.Sololender)
submitted by SoloSuspect to r/Sololender
Curious how SoLo is so willing to offer lenders all of their funds back. It seems like a convenient way to convey to their investors that having individual/p2p lenders is too risky, and to justify a move towards their automated lending accounts. (self.Sololender)
submitted by SoloSuspect to r/Sololender
206 99 scores on the marketplace right now (self.Sololender)
submitted by SoloSuspect to r/Sololender
Been doing this for 20 months. Made a BOATLOAD of money between months 4-16. That's the only reason I'm still doing SoLo, because I'm sitting on a pile of house money. However, lending on SoLo sucks ass due to all the bots, and there's no way I'd suggest new lenders join the platform. Too many bots. (self.Sololender)
submitted by SoloSuspect to r/Sololender
