FAQ

To create an account with LoanBuddie, first, visit our website: loanbuddie.com. Next, click on “Register here” at the bottom of the dialog box. Fill in your details, tap on “Register” and you’re good to go! If you have a Google account, you could also sign in with Google.

After signing in, expand the side menu and click on “Profile”. Navigate to the dialog box containing your personal details and make any necessary changes. Click “Submit” when you’re done, to save changes.

At the bottom of the log-in dialog box, click on “Forgot password?” To recover your account, provide your email or username. You’ll be guided through a quick resetting process.

When you delete your LoanBuddie account, all your data is immediately and permanently erased from all our systems, ensuring you don’t have to worry about the security of your data.

Expand the side menu and click on “Loans”. Next, select “Add Loan”. After filling in all the required details, click on “Calculate Loan”. 

On the side menu, navigate to “Borrowers”. Locate the “Add New” button and select it. Fill in all the required details and click “Add” to save.

There is no limit to the number of loans you can track in LoanBuddie. Whether you have one loan or one hundred, our platform can accommodate your needs.

Yes, LoanBuddie automatically and accurately calculates interest based on the loan terms you set.

You don’t need to. LoanBuddie already offers automatic reminders for loan payments, helping you stay on top of your credit schedule.

Not usually. However, it is best to consult with your local tax expert.

We do not guarantee that you’ll be getting paid back your friendly loan. However, your odds of repayment are higher when you track with LoanBuddie.

At this moment, LoanBuddie only allows you to track loans in USD. However, we are actively working to make other currencies available.

At this moment, we do not readily integrate with other financial software. However, we are actively working to change this.

Unfortunately, only English Language is available on LoanBuddie at the moment. Rest assured though that the team is working overtime to dole out this feature. In the meantime, services like Google Translate could come in handy.

LoanBuddie allows you to track loans with modifications or extensions, ensuring that your loan records accurately reflect any changes to the terms of your lending.

LoanBuddie only requires that you pay the monthly/yearly subscription fees. There are no extra costs or hidden charges.

Of course, LoanBuddie offers a trial period for all pricing plans. You can try out our platform risk-free for as long as 7 days before committing to a subscription.

First, expand the side menu bar. Locate “Subscription”. Choose between the monthly or the discounted payment plans. You can opt to make payments using either your Card or Cash App Pay. Enter the required details and Subscribe!

A loan tracking software is a digital tool that allows you to manage your loans more efficiently through features such as payment calculation, reminders and amortization schedules—all of which LoanBuddie offers.

LoanBuddie only allows private lenders to track their personal loans. You cannot lend or borrow money on the platform.

While LoanBuddie was not primarily designed for corporate loan tracking, the software can still easily help you stay on top of your business loans.

Yes, you can seamlessly use your favourite loan-tracking SaaS from anywhere in the world.