Comparison

Payday Loan vs Splitfolk

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

Head to head
About

Payday Loan

Features
Read full description

Payday Loan - EMI Calculator Payday Loan - EMI Calculator is an educational and calculation tool designed to help users understand loans, calculate EMIs, and compare different loan options. The app is intended only for guidance and informational purposes. It does not provide any financial services, does not offer loans, and does not connect users with lenders. Features Provides clear explanations on topics such as: - How interest rates work - Loan eligibility factors - Required documents - Tips to improve loan approval chances - Common mistakes to avoid - Repayment planning EMI Calculator Allows users to calculate: - Monthly EMI - Total interest payable - Total repayment amount Users can adjust loan amount, interest rate, and tenure using simple sliders. Loan Comparison Enables users to compare two loan options to understand which option may be more affordable based on EMI and total interest. User-Friendly Design The interface is simple, clean, and easy to navigate, making it suitable for all users. Disclaimer :- This app is only for educational, informational, and calculation purposes. It does not provide loans, financial products, credit facilities, or any type of lending service.

About

Splitfolk

Easily divide shared costs among friends and groups. This app simplifies expense tracking with options for equal or custom splits, clear settlement plans, and group record exports. It's designed for quick and hassle-free management of shared finances for trips, housing, or events.

Highlights
  • Create and manage groups
  • Record expenses with custom splits
  • View clear settlement plans
  • Support for recurring expenses
  • Export group records
  • Invite members via shareable link
Features
Read full description

Splitfolk helps friends, roommates, and small groups split shared expenses without spreadsheet math. Create a group, add members, record expenses, choose equal or custom splits, and see a clear settle-up plan. Splitfolk keeps activity history, supports recurring expenses, exports group records, and lets invitees claim their own seat from a shared link. The iOS app is built for quick group expense tracking: • Create groups for trips, homes, events, and shared projects. • Add expenses with equal, exact, percentage, or share-based splits. • See balances and suggested repayments. • Record settlements when someone pays back. • Invite members with a shareable link. • Export group records when you need a copy. • Delete your account from inside the app. Splitfolk Plus checkout is not sold inside the iOS app in v1.

Screenshots

Payday Loan4 screens
Splitfolk4 screens

Verdict

The call

The clearest difference is ads: Splitfolk at none against Payday Loan's shown. Splitfolk also leads on update cadence (daily vs every 3 weeks). Payday Loan's advantage is iOS requirement (13.0 vs 15.0). On price, in-app purchases 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. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Payday Loan ships an update every 3 weeks, Splitfolk daily. The most recent releases landed on October 28, 2026 and October 12, 2026 respectively.

Scorecard3 real differences · 7 level
Payday Loan versus Splitfolk: the parameters behind the verdict, then further details
ParameterPayday LoanSplitfolk
PriceFreeFree
Rating—5.0 (1 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings—1 — better
Update frequencyEvery 3 weeksDaily — better
AdsYesNo — better
In-app purchasesNoNo
Monetization—Free
DevicesiPhone, iPodiPhone, iPod
Requires iOS13.0 — better15.0
Further details — not scored
Size47 MB4 MB
Age rating4+4+
DeveloperSandip SahaniTAO CHEN

In-app purchases

None

Payday Loan

No in-app purchases

None

Splitfolk

No in-app purchases

Questions

Is Payday Loan free?
Payday Loan is free to download, with no in-app purchases.
Is Splitfolk free?
Splitfolk is free to download, with no in-app purchases.
Do Payday Loan or Splitfolk have ads?
Payday Loan shows ads; Splitfolk does not.
Which is updated more often, Payday Loan or Splitfolk?
Payday Loan ships an update every 3 weeks, and Splitfolk daily. Most recently, Payday Loan was updated on October 28, 2026 and Splitfolk on October 12, 2026.

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