Track borrowers, loans and payments, auto-compute interest and due dates, and print contracts on plain paper — all from one fast, affordable system.
Payday loan software is a lending system for managing short-term cash-advance loans — it tracks borrowers and their contact details, stores loan schedules to auto-compute interest, fees and due dates, prints loan agreements, and keeps a full transaction history. PawnSmarts handles payday and short-term advance loans with the same speed it brings to pawn and retail, combining reliability, full functionality and genuine ease of use — without the bloated pricing of programs that nickel-and-dime you for "support."
Payday loan software keeps track of your clients, their contact information and their transactions. PawnSmarts stores default loan periods and rates (your loan schedules), so when you enter a loan the system automatically computes the interest, the due date and any additional fees — bad-check charges, late fees and the like. Your team can view customer history, communicate with borrowers, process loans and payments, run reports, and print loan agreements ready to sign.
Short-term loans live or die on getting repaid on time. On the Professional plan, PawnSmarts sends each borrower up to three automatic SMS and email reminders before the due date, each with a secure link to pay online. The loan updates instantly when they pay — from home, after hours, without a phone call — so you collect more and chase less.
The most outstanding feature is the price. PawnSmarts is well under competing programs and there are no prepaid support fees, no setup fee and no contract.
| Plan | What you get | Price |
|---|---|---|
| Essential | Loan tracking, payments, customer records with ID scan, plain-paper contracts, filterable reports, store credit and AI help. Works offline. | $89/mo |
| Professional | Everything in Essential plus automatic SMS/email reminders, online payments, advanced analytics, drip campaigns, multi-location and staff roles with PIN lock. | $129/mo |
| One-Time Purchase | Own PawnSmarts Professional outright with a single payment — or free when you use our integrated card processing. | $2,995 |
Month to month, cancel any time. Stop whenever you like — no contracts or obligations.
Payday loan software tracks borrowers, loans, payments, interest and due dates in one system. It stores default loan schedules so when you enter a new loan the software automatically computes the interest, due date and any fees. It prints loan agreements on plain paper, runs filterable reports, and keeps a full history for every borrower — all without a spreadsheet or paper ledger.
Yes — many pawn shop systems also manage payday and short-term advance loans, because both are short-term loans with interest, fees and due dates. PawnSmarts runs payday and short-term loans right alongside pawn tickets and retail sales: one login, one system, one set of customer records, with no need to switch between programs or reconcile separate databases.
Automatic reminders before the due date prompt borrowers to pay on time, so fewer loans go past due. On the Professional plan, PawnSmarts sends each borrower up to three automatic SMS and email reminders, each with a secure link to pay online; the loan updates the instant they pay — after hours, from home, without a phone call — so you collect more and chase less.
Payday and short-term loan software is usually a monthly subscription, often well under $150 a month for a single store. PawnSmarts handles payday loans on every plan: $89/month for Essential, $129/month for Professional, or a one-time $2,995 for Professional — and free when you use its integrated card processing, with no setup fee and no contract.
Open the live demo in your browser — it's the full product, no download required. New to lending software? Start with what this software does, or look at title loan software if you also lend against vehicle titles.
Open the live demo and click around. If it looks right, sign up and we'll move your data for $395.
Questions? [email protected] · 800-710-6184