Can I Cancel SoLo Funds at Any Time?

SoLo Funds allows users to close their accounts voluntarily, but users should be aware that any credits expire 180 days after account closure. There are no explicit early-cancellation fees or lock-in contracts mentioned, but the terms allow SoLo to modify or terminate programs at their discretion without prior notice. Therefore, while you can cancel anytime, be mindful that credits have expiry and the company retains control to change terms which might affect your subscription.

Why Do People Cancel SoLo Funds?

Account blocked, preventing withdrawal of funds. Limited withdrawal policy: restricted to 3 withdrawals in the first 30 days without clear disclosure. Poor communication and customer service delays. Misleading information about accreditation or terms. Refusal to close accounts or refund deposited funds. Operating without valid contracts as claimed by customers. Technical problems with the app and loan processing delays. Frustration with repayment policies or credit history reporting delays. Membership cancellation difficulties or inability to remove banking information. Disputes regarding fees or donation-like charges that feel misleading.

What Information Do I Need to Cancel SoLo Funds?

Access to the SoLo Funds mobile application Login credentials (email and password) for the SoLo Funds account Name associated with the account Email address linked to the account Description or reason for canceling or deleting the account (when contacting support) Selection of "Delete Account" in the app's Settings tab

What Should I Know Before Cancelling SoLo Funds?

Before cancelling your SoLo Funds subscription or membership, keep in mind that any SoLo Credits you have earned will expire 180 days after your last funded loan, so you could lose these if you cancel. Also, cancelling your account will end your ability to request loans, access any existing loans, and use the borrowing features offered by SoLo Funds. There may also be fees associated with certain transfers or withdrawals that you should be aware of. It's important to consider these points before making the decision to cancel.

What is SoLo Funds's Cancellation Policy?

SoLo Funds does not have any mandatory membership or subscription fees for borrowing or lending. There are no subscription cancellations required as there are no recurring fees; fees only apply for specific actions such as a 1.99% fee for instant withdrawals or a 15% fee on late repayment of loans. Therefore, membership or subscription cancellation policies are not applicable. This information is based on SoLo Funds' FAQ stating the absence of mandatory subscription fees and their fee structure for services.

Do I Need My SoLo Funds Password to Cancel?

To cancel your subscription with SoLo Funds, you need to open the SoLo app, go to the Settings tab, and select "delete Account" to delete your account. This process does not explicitly state that you need your password, but since it involves accessing your account settings, you will likely need to be logged in, which requires your password. If you need to reset your password, you can do so on the login page of SoLo Funds by clicking the "Forgot Password?" button or directly reset it via the email link you receive after entering your email. Here's a helpful link for resetting your password: https://help.gosolo.io/how-to-change-or-reset-your-solo-password

Can I Get a Refund from SoLo Funds?

We've actually written a step by step guide on how to get a refund from SoLo Funds. Check it out!

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How To Cancel Your SoLo Funds Subscription (2025)

Bella Khan, Subscription Cancellation Expert

Published July 1, 2025

Last updated on December 18, 2025

5 min read

Difficulty

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The cancellation is straightforward as users can delete their account directly from the SoLo app by navigating to the Settings tab and selecting 'delete account'. It is an easy process with clear instructions, so the difficulty is low but not the absolute easiest because users need to open the app and find the option within settings.

Estimated Time

On average, it takes 00 10 minutes to cancel a SoLo Funds subscription.

How to Contact SoLo Funds

If you need assistance, here's how you can get in touch with SoLo Funds's support team.

Phone

The phone is not available.

The email is not available.

Site

The site is not available.

Disclaimer

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.

Find out how much you could save

How much are you paying?

Payment frequency

Savings over 5 years from cancelling your $15/month subscription

Savings by cancelling

Loss if you keep paying

-$0

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Frequently Asked Questions

The cancellation process typically takes about 10 minutes to complete. However, the actual time may vary depending on your account settings and whether you need to contact customer service. Most cancellations are processed immediately, but some may take up to 24 hours to take effect.

After canceling your SoLo Funds subscription, you'll typically have access to the service until the end of your current billing period. You won't be charged for the next billing cycle, and your account will be deactivated once the current period ends. Make sure to download any important data before cancellation.

Yes, you can usually reactivate your SoLo Funds account by logging back into your account and resubscribing. However, you may need to go through the sign-up process again and provide payment information. Some services may offer special reactivation deals for returning customers.

If you're unable to cancel SoLo Funds online, contact their customer service directly using the phone number, email, or website provided above. You can also use our refund script to help you communicate effectively with their support team. In some cases, you may need to provide additional verification or documentation.