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Zirtue peer-to-peer lending app review

This app make sit easy to borrow from family and friends at a low 5% interest rate.

Bottom line: This app makes it easier to borrow from friends and family with an option to pay your bills directly. But unlike other peer-to-peer platforms, you have to know your lender to qualify. Read our full review or get our 30-second take.

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Min. Amount


Max. Amount

As soon as the same day

Turnaround time


Product NameZirtue peer-to-peer lending app
Min. Amount$20
Max. Amount$1,000
Loan Term3 to 36 months
Loan SecurityUnsecured
Turnaround TimeAs soon as the same day
RequirementsPhysically located in the US with US cell phone, over 18, proof you know the person you're borrowing from.


  • Simplifies borrowing from friends and family
  • Can pay bills directly
  • Option for loan forgiveness


  • Must know someone willing to lend you money
  • No loans over $1,000
  • No customer service phone number

Our take on Zirtue

Zirtue is a peer-to-peer lending app designed to take the awkwardness out of borrowing from people in your social circle. Rates are much lower than other peer-funded loans I’ve reviewed — even platforms that offer higher loan amounts and require good credit. And it offers the option to send the funds to directly pay bills to utility companies and other providers.

But this app may not be for everyone, even if you have someone to borrow from. All loans come with a 5% interest rate, which could be too high for some borrowers.

Zirtue also doesn’t have a customer service phone line, which can make it difficult to fix problems like reopening a suspended account. Consider another provider if you don’t know someone who can fund your loan — or are looking for another rate.

Zirtue lets you borrow from friends and family

Unlike other peer-to-peer platforms, Zirtue loans are funded by someone you already know instead of a group of anonymous investors. It’s not like a regular loan, but it has benefits:

  • Using a service like Zirtue can reassure family members who are otherwise nervous about lending money.
  • It draws up clear interest rates and repayment terms, and automates payments.
  • You can have the lender send funds directly to a provider that offers services like utilities or Internet.
  • There’s an option to forgive the loan — though that’s up to the lender, not the borrower.

Rates, fees and terms

Loans through Zirtue come with a fixed 5% interest rate for all borrowers. There are no other fees associated with taking out a loan. But you may have to pay fees to fund and repay the loan:

  • To fund a loan using a debit card, Zirtue charges a fee of 1.5% of the loan amount plus 70 cents.
  • To fund a loan using an ACH bank transfer, Zirtue charges a fee of 6 cents.
  • To repay a loan using a debit card, Zirtue charges a fee of 1.5% of 105% of the loan amount, plus 70 cents per repayment.
  • To repay a loan using an ACH bank transfer, Zirtue charges a fee of 6 cents per repayment.

Zirtue may charge a slightly lower fee if you use its Direct Bill Pay feature to send the funds to a provider.

Zirtue is a legit platform, but it’s not a lender

Zirtue is a legitimate peer-to-peer platform, though it’s not a lender itself. It partners with with Evolve Bank & Trust, which is a member of the FDIC and banking software provider Synapse to handle banking services like ACH transfers.

Unlike other similar companies, Zirtue doesn’t share your personal information with other companies for everyday business purposes or marketing. Competitors often share this information unless you ask them to limit sharing.

How Zirute compares with other short-term loans

Here’s how Zirute compares to your typical payday loan:

ZirtueTypical payday loan
Maximum amount$1,000$1,000, though it varies by state
  • 5% interest rate
  • Money transfer fee starting at 6 cents per transaction
$10 to $15 per $100 borrowed
Terms3 to 36 months14 to 30 days
Turnaround timeAs soon as the same dayAs soon as the same day
AvailabilityAll 50 statesProhibited in some states

Zirtue reviews are mostly positive

BBB accredited No
BBB rating A
BBB customer complaints 1 customer complaints
App Store Score 4.5 out of 5 stars, based on 710 customer reviews
Google Play Score 3.4 out of 5 stars, based on 465 customer reviews
Customer reviews verified as of 03 November 2021

Zirtue gets mostly positive reviews on the App Store and Google Play. Users on these sites like how easy it is to formalize a loan from friends or family. Several mention that say it’s more official than a handshake but less of a hassle than having a lawyer draft up loan documents.

However, a few complain about glitches in the app and account suspensions. Some are also unhappy about limitations on repayment terms and loan amounts.

How to apply

Zirtue’s application process is different from applying for your typical short-term loan. Here’s how it works:

  1. Both the borrower and the lender download the app and set up an account.
  2. Choose to have a loan sent directly to your bank account or to a provider using direct bill pay.
  3. Send a loan request to one of the contacts on your phone. If your lender isn’t stored in your phone’s contacts, enter their phone number on the app to add them.
  4. Select a repayment date and terms before signing off on the agreement.

If you and your lender choose to send and receive funds using a debit card, you could get your loan the same day. Otherwise it typically takes at least 24 hours for the bank transfer to process.

Repayment options

Zirtue offers the option to repay your loan using a debit card or by bank transfer. Bank transfers are less expensive, but take at least one business day to process.

If you need help with making payments or transferring funds, reach out to its banking software partner Synapse by calling 415-993-4301.

Because Zirtue isn’t a lender, it doesn’t work like other online providers. It won’t send your account to collections if you default on a loan, but it also won’t report on-time payments to credit bureaus. Instead, how you repay the loan will either build trust with the person funding the loan — or damage your relationship.

If you’re an hourly worker, apps that offer paycheck advances at a low cost could be a better option. Visit our guide to payday loan alternatives to learn about more ways to take out a small-dollar loan.

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$200 in qualifying direct deposits into a Chime checking account in the last 34 days
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Have up to $250 automatically deposited into your account — for a $9.99 membership fee.
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Up to $500
As fast as 1 business day
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