Dec 27, 2022
This is an interesting take - I'd definitely stay away as an investor - but also, the effective APR of SoLo Funds loans works out to be around 4000% - pretty gross. These guys are predators, worse than even OppFi or the Dave App.
Written by Andy Spears
Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .