# Debt Note vs PayNote

The clearest difference is in-app purchases: PayNote at none against Debt Note's 3. PayNote also leads on update cadence (every 5 months vs every 15 months). On price, review sentiment, ads and device support there is nothing between them.

Both are free to download. Debt Note sells 3 in-app purchases, starting at $2.99 per 3 months. PayNote asks for nothing beyond the download.

Debt Note ships an update every 15 months, PayNote every 5 months. The most recent releases landed on October 5, 2026 and October 4, 2026 respectively.

## The numbers

| Metric | Debt Note | PayNote |
| --- | --- | --- |
| Price | Free | Free |
| Positive reviews | 100.0% of reviews | 100.0% of reviews |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | Every 15 months | **Every 5 months** |
| Monetization | Freemium | **Free** |
| Size | 1 MB | 35 MB |
| Requires iOS | 17.0 | **16.6** |
| Devices | **iPhone, iPad** | iPhone |
| Age rating | 4+ | 4+ |
| Developer | [Oleksandr Shtykhno](https://appshunter.io/developer/1688053237) | [SeungSeop Lim](https://appshunter.io/developer/1711312835) |

## What reviewers say

### Debt Note

[App page](https://appshunter.io/ios/app/debt-note/id6449201046)

Easily track and manage all your financial obligations, whether you're lending or borrowing. This iOS app helps you keep a clear record of debts to friends, family, or colleagues, ensuring no amount is forgotten.

**Highlights:** Track debt notes, Manage financial obligations, Record lent and borrowed funds, User-friendly interface, iOS compatible

**Features:** macOS Compatibility

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| All access - Quarterly renewal | $2.99 | per 3 months |
| All Access | $9.99 | per year |
| All access - Annual renewal | $9.99 | per year |


### PayNote

[App page](https://appshunter.io/ios/app/paynote-smart-money-managing/id6741191038)

Easily track money you've borrowed or lent to others. Record transaction details, set repayment dates, and add memos for clarity. The intuitive design makes managing your finances simple.

**Highlights:** Manage borrowed and lent money, Record transaction details, Set repayment deadlines, Distinguish transaction status, Add memos for details, Intuitive and user-friendly design

**Features:** macOS Compatibility

**In-app purchases:** none


## Frequently asked questions

### Is Debt Note free?

Debt Note is free to download, with in-app purchases available.

### Is PayNote free?

PayNote is free to download, with no in-app purchases.

### Do Debt Note or PayNote have ads?

Neither Debt Note nor PayNote shows ads.

### Which is updated more often, Debt Note or PayNote?

Debt Note ships an update every 15 months, and PayNote every 5 months. Most recently, Debt Note was updated on October 5, 2026 and PayNote on October 4, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*