Lending money to others

Create a loan you issue, choose how interest is calculated, and confirm borrower payments.

Updated 2026-10-21 · TH

Lender loan list

As a lender you track how much borrowers still owe under Lending → Loans given.

Steps

Open Lending and create a loan as the lender.
Walk through the wizard: Borrower (optionally link a Budfinix username) → Amount → Interest → Schedule → Review.
Choose No interest, Interest on remaining principal, or Interest on original principal. Set the rate unit to % per year or % per month, and the frequency to Monthly or Daily (ACT/365). Review the estimate preview. A warning appears when the rate may exceed 15% per year.
When the borrower submits a payment, Confirm payment or Reject payment record. You can also record a payment yourself without a slip.
Deleting a payment updates the balance. There is no separate recalculate button. Mark the loan settled when the balance is zero.

Payment slip images count toward your plan’s storage quota.
Money you owe others lives under Money borrowed, not this lender list — see Borrowing, payments, and slips.