iLoan - Personal Loans 4+
Varietas Software, LLC
Designed for iPad
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- £0.99
Screenshots
Description
Have you ever loaned someone money? Have you ever needed to keep track of partial payments on a personal loan? Have you ever had problems maintaining accurate records of payments or keeping track of the loan balance? Or maybe you're making micro-loans. For small personal loans or for becoming your own "personal bank", iLoan is the application for you.
iLoan isn't just another financial calculator or amortization schedule. iLoan is an application designed to keep track of your loaned money. Keep track of loans you make to others or your own loans. It even works to keep track of bank loans! It is capable of recording multiple loans, payments on the loans, and the current payoff balance of each. A convenient amortization calculator is included to help you setup your loans.
Features:
- Enter new loans with origination balance, interest rate, and origination date.
- View individual loan status, showing current balance and payment history.
- Enter new payments as they're given to you.
- Edit existing payments.
- Send loan statements to the borrower.
- Send payment receipts to the borrower.
- Simple amortization calculator gives amortized payment based on entered data and shows the amortization table.
- "What If" calculator shows affect of additional principle payments to loan cost.
- Data is backed up with your regular iTunes backup.
- For extra safety, export your iLoan data to a backup file.
- Invite someone else to record payments and send payment receipts on their own device
NOTE: iLoan is for personal use only. It cannot be used to facilitate loan or credit applications with any financial institution.
**** Think I can do something better? Would a slightly different or new capability increase your rating or motivate you to give me a positive review? Please email me. I'm always open to suggestions! ****
What’s New
Version 2.7
Minor bug fixes.
Ratings and Reviews
Decent enough app but needs updating
Features are ok, like the password protection and the email functionality although this doesn't pick up alternate email apps if you've disabled Mail.
Feature suggestion: the ability to delete interest line from a loan. This should also remove those lines from the emails
Ideal for Loan Sharks
This is the only loan application I've found that's ideal for Loan Sharks. I wish, however, that there was an option for monthly or weekly interest rates, since Loan Sharks usually engage in short term lending. No hickups noted, although I've not been able to use it for my transactions due to the restriction previously noted.
Latest update
Been using this app which I find tremendous only issue is that since the latest update 4/12/22 the app has frozen and it’s very difficult to report this to anyone. Hopefully issue will be resolved then a 5*star rating from me.
App Privacy
The developer, Varietas Software, LLC, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Not Collected
The developer does not collect any data from this app.
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Varietas Software, LLC
- Size
- 2.5 MB
- Category
- Finance
- Compatibility
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- iPhone
- Requires iOS 13.0 or later.
- iPad
- Requires iPadOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
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English
- Age Rating
- 4+
- Copyright
- © 2023 Varietas Software
- Price
- £0.99
Supports
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Family Sharing
Up to six family members can use this app with Family Sharing enabled.