SoLo Funds

            What happens after Collections?

            Effective 11/27/2018

            If Borrowers have not repaid the loan after 180 days in Collections, the loan will be considered as defaulted. The Borrower will be reported to the credit bureaus with a derogatory mark, which could negatively affect their credit score for 7 years. The Borrower will also be banned from using SoLo.
            Updated: 15 Jan 2019 04:46 AM
            Help us to make this article better
            1 5