Formalize the promise, automate the payments, and keep the relationship intact. The simple, secure way to lend and borrow with friends and family.
Trusted by early adopters
Secure 256-bit encrypted link
As seen in the informal economy of
We've all been there. Informal lending is messy. 47% of personal loans end in a lost friendship. Boomerang fixes the awkwardness.
Gone. Send a professional link instead of a vague text message. It shows you're serious about paying it back.
Solved. We track the schedule and send automated reminders so you don't have to be the 'bad guy' chasing money.
Mitigated. Clear terms mean clear expectations. When everyone knows the plan, the friendship stays safe.
Set the amount, the total repayment, and the schedule. You decide the rules, not a bank algorithm.
Boomerang generates a secure funding link. The lender reviews the terms and approves. No more "he said, she said."
Installment 2 of 4
Both parties see the progress. We send the reminders. We track the history. It's clean, simple, and automated.
Billions move between individuals every year, completely invisible to the financial system. Boomerang formalizes this economy.
Successful repayment on Boomerang signals character and capacity that traditional bureaus miss.
A stepping stone for the underbanked to demonstrate responsibility and enter the formal system.
Start building better financial habits with the people you trust.
No credit checks required. Free for personal use.