# IOU - Pay & Receive Debts

> Formalized record of debts and loans between friends. (iPhone/iPad app by Appreneurs.Co Pte. Ltd..)

- Source: https://appshunter.io/ios/app/iou-pay-and-receive-debts/id1078821315 (this page in markdown: same URL + `.md`)
- Developer: [Appreneurs.Co Pte. Ltd.](https://appshunter.io/developer/782937374)
- Category: Finance, Utilities
- Price: Free
- Rating: 1.00/5 from 2 App Store ratings · 2 written reviews indexed
- Age rating: 4+
- Requires: iOS 8.0 · 9 MB
- Languages: English
- Released: 2016-02-02
- Data updated: 2026-07-01
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/iou-pay-and-receive-debts/id1078821315/reviews.md

## What is IOU?

IOU is a debt management app that creates a formalised record of debts and loans between you and your friends. You will never forget a debt again - both the creditor and the debtor have to acknowledge an IOU before it is put on record!

All pending and past transactions are timestamped their respective requested and payment dates, and are organised neatly into the following sections:
Incoming
Outgoing
Paid
Received

Customise the details of each IOU, including its:
Amount
Reason
Due Date
Payment Updates


Close off debt loops between friends easily with IOU - you’ll never know when a loan you’ve made will pay for a debt you owe. 

Our next version will contain major upgrades to smoothen debt management and collection  - stay tuned! 

For app support, drop us a note at support@ioudebtapp.com

## Key features

- Formal debt and loan records
- Acknowledge debts for record
- Timestamped transactions
- Organized transaction sections
- Customizable debt details
- Close debt loops

## Recent user reviews (2 of 2)

All indexed reviews: https://appshunter.io/ios/app/iou-pay-and-receive-debts/id1078821315/reviews.md

### 1/5 — Can not use

*2021-07-19, version 1.14*

No way to register - timed out message each time. Deleted app

### 1/5 — Won’t allow you to register

*2019-09-15, version 1.14*

Never allowed me to register- said time expired 25 times

## Frequently asked questions about IOU

### How does IOU ensure debts are recorded accurately?

Both the creditor and the debtor must acknowledge an IOU before it is officially put on record within the app. This dual confirmation helps prevent disputes and ensures accuracy for all parties involved.

### What information can be customized for each IOU?

You can customize the amount of the debt, the specific reason for the loan, the due date for repayment, and any relevant payment updates. This detailed customization allows for clear and specific tracking of each financial agreement.

### How are debts organized within IOU?

Transactions are neatly organized into sections including Incoming, Outgoing, Paid, and Received. This clear categorization helps users easily view the status of all their debts and loans at a glance.

### What platforms does IOU support?

IOU is available on iPhone, iPad, and iPod devices. This broad support ensures that most iOS users can utilize the app for their debt management needs.

### When was IOU last updated?

The latest version of IOU, 1.14, was released on February 9, 2017. While the app has not seen recent updates, its core functionality for debt management remains available.

### What is the user sentiment for IOU based on ratings?

The app has a rating of 1.0 stars from 2 ratings. This indicates a very low user satisfaction, suggesting potential issues with the app's performance or features.

### Is IOU suitable for all ages?

IOU has an age rating of 4+, making it suitable for a wide range of users. This rating suggests that the app's content and functionality are appropriate for children and adults alike.

### Does IOU have ads?

The provided data does not specify whether IOU contains advertisements. As the 'hasAds' field is null, users should be aware that ads may or may not be present.

## Version history (last 1 release)

### 1.14 — 2017-02-09

This app has been updated by Apple to display the Apple Watch app icon.

Minor bug fixes.

## Apps similar to IOU

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [IOUOI](https://appshunter.io/ios/app/iouoi/id305255380) | 3.6 (7) | Free | Finance |
| [IOU-Money](https://appshunter.io/ios/app/iou-money/id1557082693) | 4.0 (1) | Free | Finance |
| [Simple IOU](https://appshunter.io/ios/app/simple-iou/id1357196142) | 4.6 (194) | Free | Finance |
| [Pay Up Sucka](https://appshunter.io/ios/app/pay-up-sucka/id494420640) | 5.0 (1) | Free | Finance |
| [Debes: Who owes me? Do I owe?](https://appshunter.io/ios/app/debes-who-owes-me-do-i-owe/id1540352951) | 4.0 (1) | Free | Finance |
| [V-Soft Expense Tracker](https://appshunter.io/ios/app/v-soft-expense-tracker/id1140864080) | 5.0 (1) | Free | Finance |

## More apps by Appreneurs.Co Pte. Ltd.

- [Warranty App](https://appshunter.io/ios/app/warranty-app/id1003207138)
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All apps by Appreneurs.Co Pte. Ltd.: https://appshunter.io/developer/782937374

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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 2026-07-01.*