Pay back more than you owe
- Tap Send and choose Pay back (or Receive repayment).
- Enter the full amount. If it's more than is owed, turn on Pay back and lend the extra (or Receive and borrow the extra).
- I record two transfers: the repayment that settles it, then the extra as a new amount.
In the app: Go to Home
More in People, loans and assets
- Track money you lend or borrow
- Pay someone back (or get paid back) in parts
- 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
- 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