Comparison

LoanMate vs Loan Track

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

LoanMate

This app helps you organize and track all your debts and loans. Easily manage who owes you money or who you owe, keeping your financial relationships in order.

Highlights
  • Track money loaned or owed
  • Organize debtor and creditor details
  • Add, update, and track loan information
  • Secure and private platform
  • Streamline debt and credit management
Features
Read full description

LoanMate is the easiest way to manage personal and business loans in one secure place. Whether you're lending money to friends, family, customers, or tracking money you've borrowed, LoanMate helps you stay organized, record every payment, and always know exactly how much is outstanding. Built with simplicity and reliability in mind, LoanMate gives you a complete overview of your loans, repayments, interest, due dates, and payment history. Every transaction is automatically reflected in your balance, making it easy to monitor multiple loans without spreadsheets or manual calculations. Create loans in just a few taps, attach important documents such as agreements or receipts, record partial payments, issue refunds when necessary, and generate professional PDF loan statements that can be shared with borrowers or lenders. Automatic reminders help ensure you never miss a repayment or forget an upcoming due date. Whether you're managing personal debts, customer financing, employee advances, or small business loans, LoanMate provides the tools you need to keep accurate records and maintain complete financial visibility. LoanMate includes support for multiple currencies, flexible interest calculations, payment history, loan documents, smart notifications, cloud backup, and beautifully designed dashboards that make tracking your finances effortless. Your information is stored securely, giving you confidence that your records are always protected. Upgrade to LoanMate Pro to unlock premium features including unlimited loans, advanced reports, enhanced document management, professional branding, and future productivity tools designed for individuals and businesses. Download LoanMate today and take control of every loan, every payment, and every reminder. Please read term of use : https://loanmatepro.netlify.app/terms

About

Loan Track

Features
Read full description

Loan Track: Your Ultimate Loan Tracking and Interest Calculator Easily manage and track all your loans with Loan Track! Whether you're lending to friends or family, we've got you covered with powerful features like: - Track Loaner Information: Add the name of the borrower, lending date, and detailed loan records. - Interest Rate Calculation: Automatically calculate monthly interest for each loan. - Rollover Overdue Loans: Seamlessly roll over overdue loans with a simple click, changing the status to "Rollover" (e.g., Normal Loan → Rollover Loan 1) and so on. - Receive and Track Payments: Record specific amounts received and see the remaining balance in real-time. - Loan Archive: Easily archive fully paid loans, with an option to view archived loans anytime. - Detailed Insights: View a breakdown of interest collected for each loan and review all current and archived loans. - Flexible Currency Support: Change the currency for all your loans as needed. - Complete Loan Management: Edit, delete, and manage every aspect of your lending history with ease. Take full control of your lending activities and never miss a payment or interest calculation with TrackMyLoan!

Screenshots

LoanMate4 screens
Loan Track4 screens

Verdict

The call

The clearest difference is in-app purchases: Loan Track at none against LoanMate's 3. Loan Track also leads on iOS requirement (13.0 vs 15.6). On price, ads and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. LoanMate sells 3 in-app purchases, starting at $4.99 per 7 days. Loan Track asks for nothing beyond the download.

Scorecard2 real differences · 7 level
LoanMate versus Loan Track: the parameters behind the verdict, then further details
ParameterLoanMateLoan Track
PriceFreeFree
Rating4.0 (5 ratings) — better—
Number of ratings5 — better—
Update frequencyEvery 2 months—
AdsNoNo
In-app purchasesYesNo — better
MonetizationFree with in-app purchases—
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.613.0 — better
Further details — not scored
Size52 MB22 MB
Age rating17+4+
DeveloperDestiny Eze DikeochaDEVCULA COMPANY LIMITED

In-app purchases

3 purchases

LoanMate

Subscriptions3
  • Weekly Sub$4.997 Days
  • Pro Monthly$17.991 Month
  • Yearly Subscription$79.991 Year
None

Loan Track

No in-app purchases

Questions

Is LoanMate free?
LoanMate is free to download, with in-app purchases available.
Is Loan Track free?
Loan Track is free to download, with no in-app purchases.
Do LoanMate or Loan Track have ads?
Neither LoanMate nor Loan Track shows ads.

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