Add a late fee or penalty to a loan
- Open the loan and tap Add a fee.
- Pick the kind of fee and enter the amount.
- It's added to what you owe and counted as an expense in Interest & fees.
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
- Track a loan and its monthly payments
- Add a car (or anything) bought with a loan
- A loan with a big final (balloon) payment
- Record the money from a loan
- Record loan payments automatically
- 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