What is a Solo Score? How can I check the credibility of a borrower?

December 27 2024 8:28pm
The SoLo score is our system of identifying every member’s risk of repayment on our platform. The score is based on the financial information we collect via Plaid and their external bank account at sign-up and predicts a member’s ability to repay loans on time. Our assessment adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.