# Payday Loan vs Splitfolk

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.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

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

## The numbers

| Metric | Payday Loan | Splitfolk |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[5.0 (1 ratings)](https://appshunter.io/ios/app/splitfolk/id6789954526/reviews)** |
| Number of ratings | — | **1** |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | No | No |
| Ads | Yes | **No** |
| Update frequency | Every 3 weeks | **Daily** |
| Monetization | — | Free |
| Size | 47 MB | 4 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Sandip Sahani](https://appshunter.io/developer/1860187879) | [TAO CHEN](https://appshunter.io/developer/6789954528) |

## What reviewers say

### Payday Loan

[App page](https://appshunter.io/ios/app/payday-loan-emi-calculator/id6756341629)

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

**In-app purchases:** none


### Splitfolk

[App page](https://appshunter.io/ios/app/splitfolk/id6789954526)

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:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked 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.

---

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