Loans and installments on your bank statement.
Every loan installment is one more charge on your statement. Jeff Banks recognizes the ones that carry the name of a lender it knows or a loan word in the description, gathers them under Debts and adds up what you pay a month. All it knows about a loan is what your movements say and what you enter yourself. The Debts screen still shows its labels in Spanish, and they are quoted that way below.
How does a loan show up on a bank statement?
Sometimes the line carries the lender's name, such as Cofidis, Cetelem, Oney, or Aplazame, and sometimes it only says what it is, with words such as “PRESTAMO” or “FINANCIACION”. The rules Jeff Banks applies know those lenders and those words, among others, so “ADEUDO SEPA COFIDIS SA REF 0012345678” shows up as “Cofidis” and “ADEUDO PRESTAMO PERSONAL 0049 1234567” as “Prestamo Personal”. Both go to the category “Préstamos y créditos” (loans and credit).
If your lender is not among the ones the rules know and the line carries none of their loan words, the rules do not recognize it. You can then change the category of each payment to “Préstamos y créditos” (loans and credit) so that it goes into Debts, and with Premium, Banks AI also gives it that category when it is confident enough.
How much do you pay in loans a month?
You see it in Payments, on the Debts tab, next to the one for your subscriptions. Each debt has a row with its installment, and at the top “Cuotas al mes” (installments a month) adds up those of the active debts. A debt in another currency is added up on its own, in that currency, without converting it.
How Jeff Banks works out the installment.
For each debt, it adds up what you paid in each calendar month and looks at the six months ending in the month of the last payment. Of those with a payment, it takes the median, the middle value once they are sorted from lowest to highest, or the average of the two middle ones when their number is even. Open the row and the installment reads “según tus pagos” (from your payments).
Two loans with Cofidis, one of €85.40 a month that you were already paying and one of €42.10 that you have been paying for five months, make a single row, because both lines carry its name. Of the last six months, one comes to €85.40 and five come to €127.50, so the installment is €127.50, what you now pay for the two. The earlier months, with only the first loan, no longer count.
The installment number comes from the description.
Some descriptions say which installment it is, such as “CUOTA 3/12” or “PLAZO 03 DE 12”. When the last payment carries one, the row shows “Cuota 3 de 12”, and opening it adds “quedan 9”, how many are left. Dates with a year, like the one in “RECIBO 03/09/2026”, are never taken for an installment. That number counts installments, and Jeff Banks does not use it to work out what you owe.
What about the mortgage?
A line with “HIPOTECA” or “HIPOTECARIO” goes to “Alquiler e hipoteca” (rent and mortgage), and in Month the mortgage counts as spending on the home. Debts lists it too, with its installment worked out as for any loan. Installments the rules file under “Préstamos y créditos” (loans and credit) count in Month as spending in that category.
A sample loan.
In the sample card, Payments lists a loan from Cetelem that reaches the statement as “CARGO CUOTA 8/24 PRESTAMO CETELEM”. Over the last six months it came to €120.00 each time, and that is its installment. Since the description says which installment it is, its row in the app reads “Cuota 8 de 24”.
When a loan stops counting.
A debt Jeff Banks found in your movements moves to “Terminadas o sin cuotas recientes” (finished or no recent installments) once it goes more than 46 days without a payment, and its installment stops adding up in “Cuotas al mes”. A new payment brings it back among the active ones.
What you see on any plan.
With Free, Debts already shows the loans Jeff Banks finds and what you pay for them a month. If a row is not a loan, “No es una deuda” (not a debt) moves it to “Descartadas” (dismissed), where you can bring it back. Whatever you entered yourself can be deleted on any plan.
The details you add by hand.
On a debt Jeff Banks found, “Añadir datos” (add details) lets you, with Premium, type your own installment and enter what you still owe, which the row shows as “Pendiente” (outstanding). Your installment takes over from the worked-out one, and the row marks it “tu dato” (your figure). On Premium you can also add a debt Jeff Banks does not find, and its “Texto del concepto” (description text) is optional. Fill it in with three characters or more, such as the contract number, and Jeff Banks links the debt to every movement in that currency whose description or other party's name contains that text. That debt shows under Debts, while Month keeps its payments in the category each movement already had.
Jeff Banks never works out the outstanding amount. It keeps the figure you type, dated the day you enter or change it, and if payments arrive afterwards it shows their sum beside it as “Pagado desde entonces” (paid since then), without taking it off. The debt moves to “Terminadas o sin cuotas recientes” as soon as its outstanding amount is zero.
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