# iLoan - Personal Loans

> Personal loan tracker for managing lent money, payments, and balances. (iPhone/iPad app by Varietas Software, LLC.)

- Source: https://appshunter.io/ios/app/iloan-personal-loans/id367654505 (this page in markdown: same URL + `.md`)
- Developer: [Varietas Software, LLC](https://appshunter.io/developer/312844469)
- Category: Finance, Business
- Price: $0.99
- Rating: 4.30/5 from 7 App Store ratings · 35 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.6 · 2 MB
- Languages: American English
- Released: 2010-04-16
- Data updated: 2026-08-31
- Monetization: paid
- User reviews in markdown: https://appshunter.io/ios/app/iloan-personal-loans/id367654505/reviews.md

## What is iLoan?

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! ****

## Key features

- Track loans made to others or personal loans
- Record loan details, interest rates, and dates
- Log and edit payments
- View loan status and payment history
- Generate amortization schedules
- Send loan statements and payment receipts
- "What If" calculator for principal payments

## Chart rankings

- #195 in Top Paid · Finance (US App Store)

## Recent user reviews (10 of 35)

All indexed reviews: https://appshunter.io/ios/app/iloan-personal-loans/id367654505/reviews.md

### 3/5 — Latest update

*2022-12-05, version 2.0*

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.

### 4/5 — Nice app to lend money

*2022-09-02*

Easy and simple, I’ll be good if can be add daily and monthly interest rate and a monthly reminder.
Thanks

### 4/5 — Receipt and reminder support

*2017-11-27*

The app does the basic work in good name 

It needs to get mobile number to identify the individual. Receipt and reminder support with whatapp is required wherein it can be send to the person thru apps

### 5/5 — Perfect for me

*2017-11-09*

Great app so far. Needs a back-up feature

### 4/5 — Great for the price!

*2017-06-02*

This app works great for the price. I needed a simple way to keep track of personal loans, this app does just that. I am having a problem with locking the app (security feature) on my iPad. It will not let me back in after I set it up, and I am retyping in the correct password. I've had to reload the app to open it. I can get along without the security feature. Would like to see continued development of this app! Thank you for it!

### 3/5 — Decent enough app but needs updating

*2017-01-01, version 1.6*

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

### 5/5 — Easy to use

*2016-12-01*

Basic, easy to use, tracks interest. Good stuff

### 3/5 — Need update

*2016-10-16, version 1.6*

I love this app but it hasn't been updated for 2 years. Would like some kind of icloud backup

### 5/5 — Works fine for me

*2015-10-23*

I have used this loan app a few times now when lending friends money. It really helps me to be able to tie in an interest rate into the loan. I think it is easy to use as long as you pay attention to the numbers you enter into it.

### 1/5 — Horrible...do not trust this apps calculations

*2015-06-01*

I received a very simple no interest loan of $1600 and thought I'd use iLoan to track my payments on it. I made two payment; one for $200 and another for $100. iLoan tells me the loan balance is $1200. Really? The only reason I gave it 1 star is because there's no option to give it a 0.

## Frequently asked questions about iLoan

### What does iLoan do?

iLoan is an application designed to help you keep track of personal loans. It allows you to record loans you make to others or your own loans, including bank loans. You can meticulously track origination balances, interest rates, dates, payments, and current payoff balances for each loan.

### What are the key features of iLoan?

Key features include entering new loans with detailed information, viewing individual loan status and payment history, logging and editing payments, sending loan statements and payment receipts to borrowers, and a simple amortization calculator. It also offers a "What If" calculator to see the impact of additional principal payments.

### How much does iLoan cost?

Based on the provided information, iLoan is a paid application. There is no mention of free versions, subscriptions, or in-app purchases for core functionality.

### Is iLoan compatible with my device?

The description mentions that data is backed up with your regular iTunes backup, suggesting it is an iOS application. For specific compatibility details regarding iOS versions, you would typically check the app store listing.

### What are common use cases for iLoan?

Common use cases include managing money lent to friends or family, tracking payments on personal loans, acting as your own "personal bank" for micro-loans, and keeping accurate records of loan balances and repayment schedules.

## Version history (last 5 releases)

### 2.9 — 2026-03-08

Minor bug fixes.

### 2.8 — 2024-09-24

Easily report on annual paid interest.

### 2.7 — 2023-06-19

Minor bug fixes.

### 2.6 — 2023-04-14

- Bug fixes with payments from secondary devices.
- Performance improvements.

### 2.5 — 2023-01-16

Fixed a rare edge case where a payment taken on the same day of the month as the loan origination date could cause that payment to temporarily get counted twice in the loan balance.

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-31.*