# LoanMate vs Prograte

The clearest difference is rating: Prograte at 5.0 against LoanMate's 3.3. Prograte also leads on in-app purchases (none vs 3). On price, ratings volume, update cadence and ads there is nothing between them.

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

Prograte holds the better App Store score, 5.0 against 3.3. Both are backed by a comparable volume of ratings — 3 and 3 respectively.

Both ship on a similar rhythm, roughly every 2 months. The most recent releases landed on October 7, 2026 and October 15, 2026 respectively.

## The numbers

| Metric | LoanMate | Prograte |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.3 (3 ratings)](https://appshunter.io/ios/app/loanmate-loan-tracker/id6478566737/reviews) | **[5.0 (3 ratings)](https://appshunter.io/ios/app/prograte/id6761401791/reviews)** |
| Number of ratings | 3 | 3 |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | Every 2 months | Every 2 months |
| Monetization | Free with in-app purchases | **Free** |
| Size | 52 MB | 83 MB |
| Requires iOS | **15.6** | 16.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 17+ | 17+ |
| Developer | [Destiny Eze Dikeocha](https://appshunter.io/developer/1733355081) | [Prograte FinTech](https://appshunter.io/developer/1889394204) |

## 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 |


### Prograte

[App page](https://appshunter.io/ios/app/prograte/id6761401791)

Manage lending and credit sales operations efficiently. Track clients, process applications, and collect payments securely. Monitor collateral and gain real-time portfolio insights.

**Highlights:** Client management, Loan application processing, Repayment tracking, Payment collection (mobile money, bank transfer), Collateral monitoring, Branch and staff management, Real-time portfolio reports

**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 Prograte free?

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

### Which has better reviews, LoanMate or Prograte?

Prograte is rated higher. LoanMate averages 3.3 out of 5 from 3 ratings, while Prograte averages 5.0 from 3 ratings.

### Do LoanMate or Prograte have ads?

Neither LoanMate nor Prograte shows ads.

### Which is updated more often, LoanMate or Prograte?

LoanMate ships an update every 2 months, and Prograte every 2 months. Most recently, LoanMate was updated on October 7, 2026 and Prograte on October 15, 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.*