SoLo Funds

            What happens after Collections? - NEW

            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: 27 Nov 2018 11:09 AM
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