# LoanPrep vs Spent

The clearest difference is rating: LoanPrep at 4.5 against Spent's 1.0. LoanPrep also leads on monetization model (ad-supported vs free with in-app purchases) and ratings volume (8 vs 1). Spent's advantage is update cadence (every 2 days vs every 10 days). On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. LoanPrep sells 2 one-off in-app purchases and Spent sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

LoanPrep holds the better App Store score, 4.5 against 1.0. That said, the two scores are not equally well evidenced: LoanPrep has 8 ratings behind it against 1, so its average is the more settled of the two.

LoanPrep ships an update every 10 days, Spent every 2 days. The most recent releases landed on October 30, 2026 and October 26, 2026 respectively.

## The numbers

| Metric | LoanPrep | Spent |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.5 (8 ratings)](https://appshunter.io/ios/app/loanprep-eligibility-check/id6755533050/reviews)** | [1.0 (1 ratings)](https://appshunter.io/ios/app/spent-expense-tracker/id6761287925/reviews) |
| Number of ratings | **8** | 1 |
| Positive reviews | 0.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | Yes | Yes |
| Update frequency | Every 10 days | **Every 2 days** |
| Monetization | **Ad-supported** | Free with in-app purchases |
| Size | 13 MB | 86 MB |
| Requires iOS | **15** | 15.1 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | +4 | 4+ |
| Developer | [淼 于](https://appshunter.io/developer/1801631763) | [Rahul Bhichher](https://appshunter.io/developer/1888677044) |

## What reviewers say

### LoanPrep

[App page](https://appshunter.io/ios/app/loanprep-eligibility-check/id6755533050)

This app helps U.S. borrowers prepare for loan applications by assessing readiness, organizing documents, and providing educational tips. It offers checklists, progress tracking, and a daily check-in system to build consistent habits. The tool is for informational purposes only and does not provide financial advice.

**Highlights:** 9-step loan readiness assessment, Customizable preparation checklists, Document collection progress tracking, Daily check-in system for habit building, Educational assessment reports, U.S. dollar amount display

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

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Single Assessment Report | $0.99 | one-time |
| 5-Report Package | $2.99 | one-time |


### Spent

[App page](https://appshunter.io/ios/app/spent-expense-tracker/id6761287925)

This app helps you track expenses, manage budgets, and gain insights into your spending habits. It offers features like receipt scanning, currency conversion, and financial literacy lessons, all while prioritizing your privacy with offline data storage.

**Highlights:** Expense and income tracking, Budget planning and alerts, Receipt scanning with OCR, Spending analysis and insights, Multi-currency support, Trip expense splitting, Financial literacy lessons

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

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Spent Pro | $3.99 | one-time |


## Frequently asked questions

### Is LoanPrep free?

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

### Is Spent free?

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

### Which has better reviews, LoanPrep or Spent?

LoanPrep is rated higher. LoanPrep averages 4.5 out of 5 from 8 ratings, while Spent averages 1.0 from 1 ratings.

### Do LoanPrep or Spent have ads?

Both LoanPrep and Spent show ads.

### Which is updated more often, LoanPrep or Spent?

LoanPrep ships an update every 10 days, and Spent every 2 days. Most recently, LoanPrep was updated on October 30, 2026 and Spent on October 26, 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.*