PayDown

Privacy Policy

Effective July 30, 2026

PayDown is built local-first on purpose: the most private place for your financial data is your own device, so that's where it stays.

The short version

• Your debts, payments, and schedules are stored on your device, in the app's private database.
• We never ask for bank logins, card numbers, or account credentials — PayDown has no bank linking.
• No accounts are required to use the app. No ads, no analytics, no selling data.

Data stored on your device

Everything you enter or import — account names, balances, APRs, payment schedules, payment history, notes — lives in a local database on your phone, protected by your device's built-in encryption. Deleting the app deletes this data. It is not transmitted to us.

AI statement import

When you paste statement text into the import screen, that text is sent to the AI provider you configure — your own Anthropic (Claude) API key, or a server you run yourself (e.g. Ollama) — solely to extract payment details. PayDown stores the extracted results on your device; the pasted text itself is not retained. If you use your own API key, it is stored in your device's secure keychain and used only to make those requests. Your provider's own privacy terms apply to the request they process.

Optional cloud sync (when available)

If you choose to create an account to sync between devices or use the web dashboard, your payment data is stored encrypted at rest with row-level security so that only your account can read your rows. Sync is opt-in — local-only remains the default — and you can delete your cloud data and account at any time.

This website

• Waitlist: if you join, we store your email address to contact you about PayDown. We don't share or sell it. Ask and we'll remove it.
• Registration & comments: signing in uses an email magic link (no passwords). If you comment, the display name and comment you write are public.
• No advertising or cross-site tracking cookies.

What we don't do

• No bank credentials, no Plaid, no account linking.
• No selling or sharing personal data with third parties for marketing.
• No ads and no third-party analytics in the app today. If that ever changes, this policy will change first and say so plainly.

Contact

Questions or deletion requests: andrewlanecarr@gmail.com.