Monday, 10 October 2020 11:17 AM

Keep track of who has borrowed money with a new Dutch app

People who regularly lend money to friends or family will recognize the problem, it is difficult to keep track of who you have borrowed money from and how much exactly that was. And sometimes there is even disagreement about the loan amount and whether or not it has been repaid. The Dutch Rick Waalders and Sjoerd Perfors of the software company Frozen Tulip have devised a solution for this: PayMeBack, a new application for the iPhone.

The Dutch application is very simple, you enter the loan amount and then select the person from your contact list. This will give you an overview of all the people who owe you money. If someone has paid you back the borrowed money, you can tick this name and the name will automatically disappear from the list. Very useful if you have jointly spent money for a birthday present, in which you put in for example 50 US dollars and have to pay back the rest their 30 US dollars. A practical application that can avoid a lot of misunderstandings and quarrels and that you can purchase for 0.79 cents.


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