Frequently Asked Questions
Is Solvency Assistance LLC a lender? No. SALLC does not issue loans, broker loans, or lend money. We operate strictly as an independent collateral support service.
Does SALLC guarantee that my loan will be approved? No. Loan decisions are made solely by the lender. SALLC does not influence approvals, rates, or terms.
How does SALLC work with lenders?SALLC provides owner‑funded collateral that may be presented to the lender. We do not participate in underwriting or modify loan agreements.
Who controls the loan?The lender has full control over the loan, including approval, terms, and repayment. SALLC’s role is purely risk‑support via collateral.
Does SALLC affect my APR or monthly payments?
No. Borrower fees for SALLC are independent of the loan. They do not change the lender’s terms or repayment schedule.
Do borrowers pay SALLC fees?Yes. Borrowers hire SALLC to reserve collateral. All fees are separate from the loan and do not alter interest rates or loan terms.
Do I need to be a member to use SALLC services?
No. SALLC offers on‑demand access for individual loans and optional reserved collateral memberships for borrowers seeking ongoing support
Is collateral refundable?Yes. Once the loan is completed or no longer requires collateral, SALLC returns the collateral according to the agreement with the borrower.