Setting up a loan in the app takes just a few minutes and requires minimal information.
Just follow these simple steps:
1. Open the app and go to the "More" section
2. Tap on "Debts & Loans"
3. Select your Loan Type from one of the default loan categories or select "Unique Loan" if you need a fully customizable option
4. Enter the Loan Details – enter the total outstanding balance that needs to be repaid; connect the loan to the relevant account; specify when your next payment is due
5. Set your monthly payment amount
6. Tap the "Create Loan" button to save your loan and add it to your tracking system.
After creation, your new loan will appear in the "Debts & Loans" section of the app, where you can view all your active loans. From here, you can monitor your progress, add payments as you make them, see your next scheduled payment, and track how close you are to becoming debt-free.
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