Repayment, reminders & debt payoff
Simple interest vs a flat fee: what’s fair between friends
A $60 fee and 5% interest sound about the same. Depending on how the loan is repaid, one can cost twice as much as the other.…
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#personal loans
Every IOUEZ guide on “personal loans”, newest first.
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IOUs & agreements: plain-English basics
IOU vs promissory note vs loan agreement: the differences
Three documents, one loan. An IOU admits a debt, a promissory note promises to pay it, and a loan agreement spells out what both people will…
Repayment, reminders & debt payoff
How to remind someone to pay you back (with polite templates)
The first reminder is the hardest one to send. Here are eight messages for every stage, from a friendly heads-up before the due date to a…
Repayment, reminders & debt payoff
Late fees between friends: fair or awkward?
A late fee feels like the obvious way to make sure a friend pays on time. Usually it isn't. Seven myths about late fees between friends,…
Repayment, reminders & debt payoff
Installment plans for personal loans, explained
Breaking a loan into regular payments is the single best thing you can do for both the money and the friendship. Here is how to choose…
IOUs & agreements: plain-English basics
What is an IOU? Meaning, uses and examples
An IOU is the simplest money document there is: a written note that one person owes another. Here is what it means, where it falls short,…