FriendlyLoans

FriendlyLoans is a web application that helps people lend money to friends and family without awkwardness. Users can set up loan terms, track payments, and send automatic reminders, keeping everyone on the same page while preserving personal relationships.

Key Facts

CategoryPersonal Finance / Loan Tracking
Founded2025
Price RangeFree - $4.99/month

Key Features

  • Create and manage loans between friends and family
  • Clear loan terms with payment schedules
  • Automatic payment reminders via email
  • Payment tracking and history
  • Shared loan dashboard for lender and borrower
  • No credit checks or financial reporting

Products & Services

FriendlyLoans

Free - $4.99/month

Loan management platform for informal lending between friends and family. Free for up to 2 active loans; Premium ($4.99/month) adds unlimited loans, printable loan agreements and automatic reminders.

Loans: 2 active (Free), unlimited (Premium)
Reminders: Automatic email (Premium)
Payment Tracking: Included
Shared Dashboard: Included

Certifications & Guarantees

  • Free for up to 2 active loans
  • Cancel Premium anytime

Alternatives

  • Splitwise - Expense sharing app for splitting bills and tracking IOUs among groups (Free - $4.99/month)
  • Zirtue - Lending app for friends and family with built-in payment processing (Free (processing fees apply))
  • Pigeon - Loan management app for personal loans between people you know (Free - $9.99/month)

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