Clear repayment plans you both agree on
Set loan amounts, start dates and repayment schedules in a few clicks. Both sides see the same plan so expectations are clear from day one.
Clarity
Features
Everything PayFriends does for you
PayFriends turns awkward money conversations into clear agreements that run on autopilot. Set up a plan once, then let us track the numbers, the reminders and the fairness for both sides.
Smart reminders that never feel like chasing
PayFriends sends gentle reminders when payments are due so it never has to come from the lender personally. You keep the friendship, we handle the nudges.
Reminders
Fair interest for early, late or different payments
When someone pays early, late or a different amount, we recalculate the interest automatically so both sides stay treated fairly.
Fairness
Future instalments adjust automatically
If a payment changes, the system updates the remaining schedule for you. No spreadsheets or manual math, just a clean new plan ready to go.
Automation
Live outstanding balance to the cent
See at any moment who owes what, including interest and upcoming payments. The balance updates in real time after every payment that is logged.
Live balance
Support when someone is struggling to pay
If life gets in the way, you can easily suggest a new plan with smaller or fewer payments. PayFriends helps you keep things fair without breaking the relationship.
Flexible plans
Clean history and timelines for full transparency
Every payment, change and agreement update is stored in one place. Both sides can always see the full story, from day one until the final cent is repaid.
Transparency