IOU App - Keeping Track of things you Lend and Borrow
Why IOU App
Imagine you lend a book, tools, clothes, cables, anything else or even small amounts of money to family, friends, neighbours or work colleagues - both of you kind of forget and you never hear about it again, delays in returns etc. Annoying...
The IOU App creates a virtual representation of a lend or borrow (or any other obligation) to help you track and manage your items.
How it works
1
Create a new IOU containing info on the borrowed item, the borrower and a return date.
2
Borrower is sent a message and asked to accept the IOU and acknowledge the item has been borrowed.
3
The IOU app then lists all your items lent and borrowed and helps you to manage them by sending reminders or extending return dates.
4
You can close the IOU when the item is returned or even decide to gift the item to the borrower.
5
The IOU app will also record all IOU related messages in the app so you can keep a trail of the communication around your lending and borrowing.
