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What’s the difference between "Zirtue Loans" and "Zirtue Pay"?

While both help people borrow and lend with people they trust, the purpose and flow of funds are now more defined.

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Written by Airion
Updated over a week ago

Zirtue Loans (Previous Version)

The earlier version of Zirtue offered flexible peer-to-peer loans that could be used for any reason; from paying rent or covering an emergency to handling personal expenses. Funds were sent directly between the Borrower and the Lender, giving both parties the freedom to decide how the money was used.

Zirtue Pay (The New Experience)

Zirtue Pay is the next step in making lending more focused and impactful, it’s designed specifically for bill payments.

Here’s how it’s different:

1. Focused on bills only: Zirtue Pay loans are used only to pay bills, not for general or personal expenses.

2. Directly connected to the biller: The bill must come from one of Zirtue’s 40,000+ verified billers (such as your phone company, auto lender, or utility provider).

3. Funds go directly to your biller: The money from the borrower's friend or family member never enters the borrower's bank account, it’s sent straight to the borrower's billing company.

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