# LoanMate vs Payback Buddy App

The clearest difference is in-app purchases: Payback Buddy App at none against LoanMate's 3. Payback Buddy App also leads on update cadence (every 3 weeks vs every 2 months). On price, ads, device support and iOS requirement there is nothing between them.

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

LoanMate ships an update every 2 months, Payback Buddy App every 3 weeks. The most recent releases landed on October 24, 2026 and October 13, 2026 respectively.

## The numbers

| Metric | LoanMate | Payback Buddy App |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.0 (5 ratings)](https://appshunter.io/ios/app/loanmate-loan-tracker/id6478566737/reviews)** | — |
| Number of ratings | **5** | — |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | Every 2 months | **Every 3 weeks** |
| Monetization | Free with in-app purchases | — |
| Size | 52 MB | 41 MB |
| Requires iOS | 15.6 | 15.6 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 17+ | 4+ |
| Developer | [Destiny Eze Dikeocha](https://appshunter.io/developer/1733355081) | [Utopia Med Tech Private Limited](https://appshunter.io/developer/1695790348) |

## What reviewers say

### LoanMate

[App page](https://appshunter.io/ios/app/loanmate-loan-tracker/id6478566737)

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:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Weekly Sub | $4.99 | per 7 days |
| Pro Monthly | $17.99 | per month |
| Yearly Subscription | $79.99 | per year |


### Payback Buddy App

[App page](https://appshunter.io/ios/app/payback-buddy-app/id6757747402)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is LoanMate free?

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

### Is Payback Buddy App free?

Payback Buddy App is free to download, with no in-app purchases.

### Do LoanMate or Payback Buddy App have ads?

Neither LoanMate nor Payback Buddy App shows ads.

### Which is updated more often, LoanMate or Payback Buddy App?

LoanMate ships an update every 2 months, and Payback Buddy App every 3 weeks. Most recently, LoanMate was updated on October 24, 2026 and Payback Buddy App on October 13, 2026.

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