What types of loans are there?

To make getting started as simple as possible, the app includes a carefully curated list of the most popular loan types that cover the majority of users' needs:

• Personal Loan 
• Mortgage 
• Shopping Loan 
• Student Loan 
• Car Loan 
• Credit Card Loan
• Negative Balance on Debit Card 

These default categories are pre-configured with appropriate settings and naming, so you can select the one that fits your situation and start tracking immediately.
 

Unique Loans: Complete Flexibility for Any Situation

If none of the default categories perfectly matches your circumstances, the Unique Loan option gives you total control. This feature allows you to personalize every aspect of the loan—from its description and name to its terms and purpose—ensuring it accurately reflects your specific situation.

However, Unique Loans aren't just for tracking what you owe—they're also perfect for managing what others owe you.

When you lend money to a friend, family member, or colleague, you can create a Unique Loan to record the details of the agreement. 
Set up the expected repayment schedule, track incoming payments as they arrive, and always know exactly how much is still outstanding.