Description

Have you ever lent money to a friend or borrowed from a family member, only to forget the exact amount, the due date, or even that the transaction happened at all? Loanchy is designed to solve this common problem, offering a personal loan tracker that’s actually easy to use. It provides a simple, clear, and reliable way to keep tabs on all your informal loans and payments, bringing much-needed clarity to your personal finances.

What is Loanchy?

Loanchy is a straightforward FREE personal loan management system that streamlines the process of tracking money you've lent or borrowed. It acts like a smart, digital notebook that remembers the details for you, perfect for individuals who value clarity over complexity. Whether you're dealing with siblings, parents, coworkers, or even roommates managing shared expenses, Loanchy aims to simplify tracking without making things awkward.

Key Features of Loanchy

Loanchy is built around core functionalities that make tracking effortless:

• Clear Loan Overview: When you open the app, you immediately see two distinct lists: money you’ve given (Loans You Lent) and money you’ve taken (Loans You’ve Borrowed). Each entry clearly displays who the loan is with, the amount, and when it happened.

Effortless Payment Tracking:

◦ Record Payments: You can record payments against any loan record, whether it's a partial or full payment. Each payment is recorded with a timestamp and displayed as a list on the record details page (e.g., "username recorded a payment of 100 USD on DATETIME").
◦ Payment Updates: Payment records are editable. The outstanding balance is automatically updated as payments are recorded.