# PayDown vs Rateo

The clearest difference is rating: PayDown at 5.0 against Rateo's 2.0. PayDown also leads on in-app purchases (none vs 2). Rateo's advantage is update cadence (every 5 days vs every 11 days). On price, ratings volume, ads and device support there is nothing between them.

Both are free to download. Rateo sells 2 in-app purchases, starting at $19.99 per year. PayDown asks for nothing beyond the download.

PayDown holds the better App Store score, 5.0 against 2.0. Both are backed by a comparable volume of ratings — 1 and 1 respectively.

PayDown ships an update every 11 days, Rateo every 5 days. Both last shipped on November 6, 2026.

## The numbers

| Metric | PayDown | Rateo |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (1 ratings)](https://appshunter.io/ios/app/paydown-bnpl-tracker/id6796058260/reviews)** | [2.0 (1 ratings)](https://appshunter.io/ios/app/rateo-bnpl-tracker/id6809891707/reviews) |
| Number of ratings | 1 | 1 |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 11 days | **Every 5 days** |
| Monetization | Free | — |
| Size | 46 MB | 31 MB |
| Requires iOS | 16.4 | **15.0** |
| Devices | iPhone | **iPhone, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Andrew Carr](https://appshunter.io/developer/1822090504) | [Fabrizio Marinelli](https://appshunter.io/developer/6809891709) |

## What reviewers say

### PayDown

[App page](https://appshunter.io/ios/app/paydown-bnpl-tracker/id6796058260)

Track all your buy now, pay later plans and other debts in one place. See your exact debt-free date and get personalized payoff strategies. It's designed for privacy with no bank logins or ads.

**Highlights:** Consolidated payment schedule, AI-powered statement parsing, Projected debt-free date, Debt payoff strategy comparison, Safe-to-spend calculation, Home screen widget

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

**In-app purchases:** none


### Rateo

[App page](https://appshunter.io/ios/app/rateo-bnpl-tracker/id6809891707)

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

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Rateo PRO Annual | $19.99 | per year |
| Rateo PRO Lifetime | $49.99 | one-time |


## Frequently asked questions

### Is PayDown free?

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

### Is Rateo free?

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

### Which has better reviews, PayDown or Rateo?

PayDown is rated higher. PayDown averages 5.0 out of 5 from 1 ratings, while Rateo averages 2.0 from 1 ratings.

### Do PayDown or Rateo have ads?

Neither PayDown nor Rateo shows ads.

### Which is updated more often, PayDown or Rateo?

PayDown ships an update every 11 days, and Rateo every 5 days. Most recently, PayDown was updated on November 6, 2026 and Rateo on November 6, 2026.

---

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