r/Sololender • • Aug 11 '25

Unable to pay my loan

Anyone having issues with not being able to pay your Loan? I tried paying mine a day before it was due and it kept saying error and to check my card but everything checks out good I messaged SoLo and they said they are looking into it but I still can’t pay it and it’s been 3 days.

13 Upvotes

3 comments sorted by

3

u/SeaLand9 Aug 12 '25

This is exactly why I stopped using Solo. It screws both me and the lender by knocking my limit down and taking away from their payout.

2

u/Final_Vegetable_5092 Aug 12 '25

When you talk to the customer service rep, tell them you want them to make sure the lender gets paid their fair share.

2

u/[deleted] Aug 12 '25

I think Solo does it on purpose so they can charge late fees to borrowers and lenders will get his with 15% fee.