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- Zirtue: Lend & Borrow Money Vs. Pigeon: Lend and Borrow Money
Zirtue: Lend & Borrow Money vs Pigeon: Lend and Borrow Money Usage & Stats
Remember the last time money and loved ones mixed? Yeah – us too. It’s no secret that borrowing or lending money with someone you care about can make things… weird.
With Zirtue, you can manage your money and your relationships all in one place. We make IOUs with a friend or family member far less awkward. Here’s how:
Transparency: Details of the loan and the repayment plan are clearly broken down for complete clarity.
Billpay: Money goes straight to a bill-pay service partner and not the borrower’s pockets.
Flexibility: Set up auto-repay with a plan that works for you – not against you
Relationships: Helping you set up a plan so you can focus on your relationship instead
Download the app to create an IOU with someone you trust and get your bills paid – without the awkwardness. There are no fees, no interest and the money goes straight to a bill-pay service partner to pay for bills.
With Zirtue you can…
Avoid loan sharks and sky-high interest
Borrow money without a negative impact to your credit score
Create a repayment plan that works for you (from 3 months - 36 months)
Get your bills paid in 3 simple steps…
1.) Sign up - Open a free Zirtue account and verify your identity.
2.) Connect your bill - Connect your bill using your provider’s account number.
3.) Request and repay - Send the IOU request to someone you trust. Pay them back on your terms with Auto-pay.
So, there’s really no interest?
Nope! The Interest paid to your lender (friend, family member, or trusted peer) is 0% APR. So, if you borrow $1,000 over a 10-month period with no interest (0%), your monthly payments would be $100 per month with a total loan cost of $1,000.
How it’s working for Jane (an example based on a true story)…
Jane hit a tough spot financially and came home to her utility bill in the mail – $350. If she didn’t pay in full, her services would’ve been cut off. She considered going to pay payday lender or getting cash advance, but the interest rates would’ve left her off worse. She figured her mom would help her. So, she used Zirtue to borrow the money and set up a repayment plan with her mom. Through Zirtue, Jane is repaying the $350 over a 10-month period with no interest (0%) at $35/month. So, Jane’s total loan cost is still just $350.
The fine print:
Zirtue itself is not a lender. Zirtue is the world’s first relationship-based, peer-to-peer lending application with direct payments to creditors. Zirtue simplifies loans between friends, family, and trusted relationships by turning informal promises into structured agreements with an automated repayment process. There are no fees to use Zirtue. Both the lender and borrower must agree to loan terms. Zirtue, LLC (the "Zirtue"), knows that you care about how your personal information is used and shared, and we take your privacy seriously. We're serious about security and use cutting-edge technology to ensure your personal information is fully encrypted and securely stored. For more information, see our Terms and Privacy Policy.
https://zirtue.com/legal
https://zirtue.com/privacy-policy
- Apple App Store
- Free
- Finance
Store Rank
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Loan money to friends, family, colleagues, business partners, folks in your community, and more easily with Pigeon. Our app provides a hassle-free solution to managing personal loans and stressful IOUs. Pigeon lets you set up loans and lend money to friends and family and enjoy seamless loan tracking and management tools. Our loan tracker automatically monitors your private loans with debt payoff solutions and eliminates the awkwardness of managing private loans. Set your own loan terms, send money, and track loan payments – all with Pigeon.
Loan money to friends, family, and members of your community with Pigeon. Lend money confidently to those in need of a helping hand with Pigeon’s easy cash loans and simple contracts. Our money lending tools help everyone understand how each Pigeon loan is set up, relieving any headaches. We help users understand private money borrowing with debt payoff and financial education tools that work.
Lend friends money on Pigeon and create loans with easy to understand contracts and tools that make loan management simple. Pigeon loans are customizable – set your own loan terms, and define length, principal amount, and interest rate so you can lend money confidently. Pigeon private loans have your back – whether you’re covering a family emergency, supporting a new business, or helping with a big purchase. Download Pigeon’s all-in-one online money lending app to set up loans and send money to your loved ones today.
Avoid the awkward IOUs with Pigeon’s private lender solution. Set up installment loans with family and friends without the hassle of chasing payments.
Monitor loans, control debt payoff conditions, and maintain healthy relationships with those you care about. Download Pigeon for the ultimate private money lending app that eliminates the stress, anxiety, and awkwardness of private money borrowing.
PIGEON FEATURES
PRIVATE LOANS MADE SIMPLE
- Money transfer to friends & family without the hassle
- Loan money to friends with Pigeon’s money management solution
- Track cash loans and manage interest and debt payoff all through Pigeon
- Private money loans are made easy with the help of Pigeon’s money lending tools
- Lend friends money and monitor loans to keep track of your finances
MONEY BORROWING & EASY CONTRACTS
- Pigeon contracts and money management take the guesswork out of creating loans
- Set your own loan terms, repayment conditions, payoff period, and interest rate
- Sign loan contracts and documents right in the app for your peace of mind
- With Pigeon you can lend and get your money back easily with available credit card, debit card, or ACH payments
LEND MONEY & MORE
- Our loan tracker can send automated payment reminders to lendees
- Earn rewards for lending money to friends and family
- Debt payoff and online money lending is simple with Pigeon
- Private money borrowing tips from industry experts with additional financial educational resources
Create customizable loans and set your own conditions with Pigeon:
- Set up loans with no lending limit
- Choose from a 2 - 360 month repayment period
- Create loans of up to 35% APR interest
Here’s an example of what the total calculations of a loan on Pigeon might look like:
You’re giving a friend, business partner, or family member $1,000, and want to get paid back at least $100 a month until you’re fully repaid. You'll set up your repayment period for 10 months, and add a 1% interest rate. After receiving those details, we'll do the rest of the work for you!
With no additional fees, your friend will pay you back $101 a month until you get back your loan in full - $1,010, principal + interest! Super easy, super simple, and all facilitated by us so that you don't have to worry!
Pigeon makes it easy for you to lend money confidently knowing your relationship with your loved ones won't be at risk while we help facilitate your stressful IOUs. Download Pigeon today for hassle-free money management!
- Apple App Store
- Free
- Finance
Store Rank
- -
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Zirtue: Lend & Borrow Money VS.
Pigeon: Lend and Borrow Money
December 11, 2024