Record loan payments automatically
- Open the loan and tap Edit details (or Set up loan details).
- Under When a payment is due, choose the account it's paid from. You still get reminders before each date.
- On the due date I record the payment from that account and tell you, so you can check it matches your bank.
In the app: Open Accounts
More in People, loans and assets
- Track money you lend or borrow
- Pay someone back (or get paid back) in parts
- Pay back more than you owe
- Write off or forgive a debt
- Add a car (or anything) bought with a loan
- A loan with a big final (balloon) payment
- Record the money from a loan
- Pay extra on a loan or pay it off early
- Add a late fee or penalty to a loan
- See your debt, payoff and interest
- Let a car's value drop each year
- Add yearly costs like car insurance and registration
- Record selling or trading in a car