Will the Borrower be able to take out another loan on the SoLo app if they still owe?

December 27 2024 8:26pm
No, any member who’s not repaid a loan will be suspended from the SoLo app until payment. If the loan goes to our third-party collections agency, the member is blocked from the SoLo app until payment. These policies are in place to protect our members and help maintain the trust that keeps our community going. If you have questions or concerns, please reach out to our support team for further assistance.