The SoLo score is a cash flow risk assessment enabled by banking data. The score is determined by looking at consumers' cash flow. We integrate our platform with Plaid for a true snapshot of the customer’s income and bills to measure their likelihood of repaying the loan in full. This measure updates as the member continues to pay on time, and it has proved to result in a 3x-5x better risk performance than traditional lenders for this market segment.

The SoLo score is from 20 to 99. The max score that a new borrowing member can receive is 60, and positive repayment behavior on the platform enables the score to increase. Additionally, the maximum loan that a new borrowing member can request is $100. This also increases with repayment. If a loan goes delinquent, the borrower member may not participate in another loan until the original loan has been repaid. Borrowing members can’t have a negative balance when using SoLo.