Set up a loan for which you are the lender

256 people found this helpful

A lending loan is a loan for which you are the lender and someone is paying you back on an amortized schedule. A lending loan is treated as an asset in Quicken that has a positive balance.

  1. Add an asset account, where value of the asset is the amount you are lending.
  2. In the final window of account setup, when you are asked Is there a Loan on this asset?, select No.
  3. Open the account you just created, click (the Account Actions icon), and then choose Convert to a Lending Loan Account.
  4. In the Convert This Asset to a Lending Loan dialog, click Convert.
  5. Quicken creates an asset account with a payoff schedule. The account is identical to a "normal" loan account in Quicken. The only difference being the sign of the lending loan and its payments are opposite that of a "normal" loan

For more information, see:
Manage loans in Quicken

Help us improve our support center
Still can't find what you're looking for? Contact Support
Ask our community for help and to learn more about Quicken

Still can't find what you're looking for? Try these:

Contact Support

Free expert help from our Quicken
Customer Support team.

Talk to Support

Get help from expert users — the best
place for your tough questions.

Ask Our Community
Premium Support

Get priority access to our expert Quicken agents.
Skip the line and enjoy shorter wait times.

Learn More
Contact Support
Find what you need right now. Or talk to our support team for expert help.
Chat with us Wait time: Estimating...
Call us (650) 250-1900 Wait time: Estimating...
Ask the community