Open your heart to backing loans
a person or group on The Halo App that loans at least $100 to a Borrower.
Reason to become a Backer:
Invest in people
Grow your savings
Borrow money from other people
a person on The Halo App who accepts a loan of $100 or more, and repays their Backer.
Every loan is anonymous
Once you submit a loan request, Backers will see the following information:
a. Your Halo Score
b. Loan amount
c. Repayment period (you choose this)
d. Your repayment history
e. Purpose for funds
f. The Backer will then decide how much they'd like returned and submit an offer to you
What is a Community Group?
A Community Group is a group of Backers and Borrowers who are connected by employment, similar interests, or even location.
Our Diamond Community is reserved for Borrowers with a 100% repayment history. Backers aggressively seek out loans in this Community Group because of its low risk, meaning:
• Faster offers
• 10% Interest Cap
Thank you for your interest in The Halo App!
If you signed up, we will be in contact with you soon.