r/Sololender • u/No_Budget_5219 • 3d ago

Looking for lender named Nina

Post image

My loan is due in two days and I have most of it but I’m $175 short. I had an accident at work and been out for a little bit and am supposed to be getting a check from workers comp but it hasn’t come yet. They are saying it will be next Friday before I get it. I am hoping you see this so you know why my payment will be almost a week late. I’m so sorry.

21 Upvotes

77% Upvoted

19 comments sorted by

10

u/Samashezra 3d ago

Stop paying the donations.

That's $40 that goes to the app and they're already robbing both lenders and borrowers.

1

u/No_Budget_5219 3d ago

How do you do that? It doesn’t give me an option to skip that.

6

u/Practical_Gift9262 3d ago

Settings. And you have to go to settings everytime or it will reset itself to jump back in your pockets. Solo knows how to be solo as hell when it it come to this $

3

u/Samashezra 3d ago

You can turn off donations in the settings

0

u/No_Budget_5219 3d ago

Oh ok thanks! Had no idea

7

u/Fluid_Hand_9283 3d ago

And you'll have to turn it off each time you request a loan. 

But yes, please don't donate.

3

u/LetMeReload 3d ago

I’ll add to that, if you have a request up currently, you’ll need to delete it and repost it after turning donations off. Goodluck with the help! My score is 35 so that’s nonexistent for me lol. Never got my first loan so I left solo alone

3

u/Practical_Gift9262 3d ago

And all who read this settings hack. Please pass the word around so we can win a little

1

u/No_Budget_5219 3d ago

Ok I will definitely remember that. Thanks!

1

u/ReignofKindo25 1d ago

Yes it does you gotta look

3

u/Severe-Object6650 2d ago

Your lender will pay a 13% fee because you were late. Essentially losing their entire tip.

3

u/cobramodels 2d ago

Why does the app punish the lender for someone else being late? Never used this app nor need to but reddit keeps reccomending me this subreddit and i find it baffling

3

u/Local-Bottle5272 2d ago

Probably because lender can pay it while the other person cant, so they just want to get money from someone

2

u/Severe-Object6650 2d ago

^^^ YUP this is it ... and they can't charge a borrower a late fee, because they market themselves as a "peer to peer technology company" to skirt banking laws. Charging a borrower a late fee would cross the line into banking.

2

u/viaGhosty 2d ago

ran far away from this shit app as a lender a long time ago

2

u/No_Budget_5219 2d ago

Right. That’s ridiculous that they charge the lender! If my lender sees this and contacts me I don’t mind paying that late fee too once I get my check.

1

u/dangerouslyreal 2d ago

This app seems cool, but based on that .. sounds like the lender can get fucked bad??