# Loanr — Secured collateral loans! > Peer-to-peer lending platform using collateral for secured loans. (iPhone/iPad app by Loanr.) - Source: https://appshunter.io/ios/app/loanr/id6443626025 (this page in markdown: same URL + `.md`) - Developer: [Loanr](https://appshunter.io/developer/1276029156) - Category: Business - Price: Free - Rating: 2.96/5 from 45 App Store ratings · 78 written reviews indexed - Age rating: 9+ - Requires: iOS 13.0 · 2 MB - Languages: English - Released: 2022-10-26 - Data updated: 2026-08-24 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/loanr/id6443626025/reviews.md ## What is Loanr? The first ever peer-to-peer lending platform that uses collaterals as security! Users are able to lend to one another- the borrower sets the repayment amount, the repayment date, and chooses what collateral they want to provide to the lender. The lender is then responsible of securing the collateral, and holds on to the collateral until the amount is repaid. How is Loanr different from any other traditional personal loan apps? Loanr is a secured collateral loaning marketplace, which means that your peers will store your belongings in their possession until the loan is repaid in full. Other loaning platforms may refer you to collections if you do not pay back on time. At Loanr, the lender will keep your possession in case of repayment- no collection agencies involved! About APR: APR (Annual Percentage Rate) is the annualized interest rate charged when you request money in advance. It combines the nominal interest rate and some fees or additional costs that can be involved when you get a loan. The APR on quick loan options varies, with lenders offering rates of 5.99% to 35.99% on unsecured personal loans for borrowers with a good credit score. Disclosure: The maximum Annual Interest Rate can only go up to 36% on Loanr Our app is not involved in the lending process, thus we can’t state any specific APR you will be offered applying for a loan today. The credit decisions and terms depend solely on the lender but can not exceed 36% APR. The lender is legally required to inform you of the APR and other loan terms before executing the agreement. Some states have strict laws limiting the APR rates and fees that a lender can charge you. Only the lender you are connected with can inform you of specific rates and terms in accordance with the local laws. ## Key features - Peer-to-peer lending - Secured collateral loans - Borrower sets repayment terms - Lender secures and holds collateral - No collection agencies - Maximum 36% APR disclosure ## What do users think of Loanr? Overall sentiment: negative **Pros** - 👍 Easy to use app - 🚀 Quick loan funding - 🤝 Helpful lenders like Jona - 💡 Innovative lending approach - 💰 Good alternative to payday loans - 💬 Responsive customer service (sometimes) - ✅ Legit service for some users - 🌟 Great for emergencies **Cons** - 💸 High upfront fees/subscriptions - ❌ Scam accusations - 🚫 No loan funding for many - 📉 Poor refund process - 😠 Unresponsive customer support - ⚠️ Suspiciously positive reviews - 🤔 Confusing fee structure - 📱 App crashes/bugs - 🔒 Account suspension for refund requests - 👎 Lenders asking for upfront fees **Commonly reported bugs** - App crashes when uploading ID - App crashes/outages - PayPal button not redirecting - Cannot connect to PayPal - Confirm repayment button missing - App issues connecting to PayPal for subscriptions **Most requested features** - Reduce upfront fees - Improve customer support responsiveness - Clarify fee structure upfront - Implement live chat support - Fix PayPal integration issues ## Recent user reviews (10 of 78) All indexed reviews: https://appshunter.io/ios/app/loanr/id6443626025/reviews.md ### 5/5 — A life saver *2026-07-29, version 4.0* @Jona communicated so well and quick. Made the process so much easier while providing funding quickly! ### 5/5 — Thank you! *2026-07-13, version 4.0* @jona was a life saver! The process was very easy. Thank you! ### 1/5 — Fake! (Updated review) *2026-07-11, version 4.0* @jona is the only person who is running the site. Look closely at other requests that have been “fulfilled” and look at the dates… how far they pay the loan off from the original pay off date. Then Jona always asks to lower the original loan amount because “he hasn’t been paid back from other borrowers”. ### 1/5 — Scam Likely *2026-07-10, version 4.0* I was inboxed by somebody named Jona on the app asking what was the lowest I would accept. Long story short I received a $50 cash app but the app is making it look like I was granted the 800 i originally asked for but did not receive solo funds is wayyy better. Dont waste your time paying for the subscription fee you will NOT RECEIVE A LOAN!!!! ### 5/5 — Good *2026-07-05, version 4.0* First time using the app and Jona was willing to give me a chance. Great app! ### 1/5 — Frustrated *2026-06-16, version 4.0* Updated: STILL no refund and I was just charged once again. I’ve cancelled my account and I don’t know why you all are still taking out money. Still waiting on my refund. ### 5/5 — So far, so good *2026-06-04, version 4.0* I’m new tot he platform, but so far I’ve had 1 loan and paid it back without issue. Thanks to @jona! ### 5/5 — Highly recommend @jona *2026-06-01, version 4.0* Ive had a really good experience working with @jona on this app ### 5/5 — Great app! *2026-05-30, version 4.0* First time user of this app and borrower. Jona granted me a loan pretty quickly. Smooth process. Will definitely be using again if I’m in a bind. ### 5/5 — Awesome *2026-05-29, version 4.0* Was looking for a loan @jona was the first and only one to extend a helping hand. The process was smooth and I will definitely want deal with them again. Thank You @jona I really appreciate your help. ## Frequently asked questions about Loanr ### What is Loanr? Loanr is a peer-to-peer lending platform that facilitates secured loans using collateral. Borrowers can set their repayment amount and date, and choose what collateral they want to provide to the lender. The lender then holds onto this collateral until the loan is fully repaid. ### How does Loanr differ from traditional personal loan apps? Unlike traditional apps that may involve collection agencies for late payments, Loanr operates as a secured collateral loaning marketplace. If a borrower fails to repay, the lender keeps their provided collateral instead of referring to collections. This ensures a direct resolution between borrower and lender. ### What is the APR on Loanr? The Annual Percentage Rate (APR) on Loanr can vary, with lenders offering rates up to a maximum of 36%. The app itself is not involved in the lending process, so specific APRs and loan terms are determined solely by the lender and borrower, in accordance with local laws. The lender is legally required to disclose the APR and all other terms before the agreement is executed. ### Who is this app for? This app is designed for individuals who are looking to borrow money or lend money in a peer-to-peer environment. It's particularly suited for those who prefer or require loans secured by collateral, offering an alternative to traditional unsecured personal loans and avoiding the involvement of collection agencies. ## Version history (last 4 releases) ### 4.0 — 2023-07-18 Bug fixes ### 3.0 — 2023-06-29 Added real-time test messaging so users can talk seamlessly without having to refresh - Francisco Ortiz, CEO ### 2.0 — 2023-03-10 Added notifications so users will be notified when they receive messages, granted loans, or new loan requests ### 1.0 — 2022-10-26 No release notes. ## More apps by Loanr - [Flippich-Buy and Sell, Jobs!!](https://appshunter.io/ios/app/flippich-buy-and-sell-jobs/id6745426508) All apps by Loanr: https://appshunter.io/developer/1276029156 ## Related topics [collaterize](https://appshunter.io/ios/topics/collaterize) · [peer to peer lending](https://appshunter.io/ios/topics/peer-to-peer-lending) · [p2p loan](https://appshunter.io/ios/topics/p2p-loan) · [peer to peer loan](https://appshunter.io/ios/topics/peer-to-peer-loan) · [peer to peer](https://appshunter.io/ios/topics/peer-to-peer) --- *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 2026-08-24.*