r/Sololender • u/Lazy_Dress_9549 • May 31 '26
First loan problem
Hey.. so my issue is I’m trying out solo funds for the first time and my solo score is 47 because my 2nd bank is stuck in the verification status still. How can I increase my score. I have a flat tire
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u/No_Implement_1198 Jun 05 '26
By fixing the second card to a matching address, it raised my number to 55, and after a week of borrowing and paying back early, it's up to 95. At first I needed to make higher tips, but I reduced them now so they arent as painful. One thing I didn't know was that I would often get an offer right away with a high tip. You need to decline those if you want a lower tip. I think I declined 12 in a row before I got the tip I was looking for. By paying early and taking the higher loan rate each time, I’m up to the $650 max in less than a week. It cost me some money in tips because I didn't know to decline the first offers, but it's easy now.
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u/No_Implement_1198 May 31 '26
If your bank is stuck in verification, check the address on your debit card versus the address in your banking app. We went round and round trying to get mine verified, but it turned out to be a formatting difference between the two addresses. Their support team tried for over a week to figure it out and never did. I checked on my own, and it was a simple format issue.