Everything you need to know about using Vony for personal lending.
Vony is a personal lending platform designed for friends, family, and communities. It helps you create clear loan agreements, track repayments, and manage lending relationships without the awkwardness.
Yes, Vony is completely free to use. Creating loan agreements, tracking repayments, and managing your lending relationships costs nothing. We believe financial clarity between people who trust each other shouldn't come with a price tag.
After signing up, tap "Create a Loan" from your dashboard. Enter the loan amount, set the repayment schedule, and optionally add interest. Then invite your borrower to review and sign the agreement.
Vony agreements are designed to document the terms both parties agreed upon. While they serve as strong evidence of the arrangement, enforceability may vary by jurisdiction. We recommend consulting a legal professional for large amounts.
Yes. Vony supports customizable interest rates including fixed and simple interest options. Both parties can see the total repayment amount upfront before signing the agreement.
Vony sends automatic reminders to both parties before and after a payment is due. If a payment is missed, the lender receives a notification and the loan status is updated. You can also set grace periods in your loan terms.
Never. Your personal information and loan data are used only to run the service for you. We do not sell, share, or trade your data with advertisers or third parties. You can read our full privacy policy for details.
No. Your loan details are only visible to you and the other party involved in each specific loan. Vony never shares your lending activity with third parties or displays it publicly.
We're here to help. Reach out to our team or browse our support resources for more answers.