Lend money with a comprehensive and detailed loan document secured by a collateral. Repayment is to be made in equal monthly installments
A Contract of Loan is a legally binding document where a person lends money (the “lender”) to another person (the “borrower”) subject to the borrower’s obligation to repay, sometimes with interest. The loan contract stipulates the terms of the loan such as the (a) amount loaned; (b) interest rate; and (c) terms of payment.
A Contract of Loan may also be either secured or unsecured. A secured loan refers to a loan protected by a collateral which the lender can sell if the borrower fails to timely pay the loan. A collateral can be either movable property (i.e. jewelry) or immovable property (i.e. a house). On the other hand, an unsecured loan refers to a loan that offers no collateral and leaves the lender with no property that can be readily sold to pay off the loan if the borrower defaults.
With Legal Tree you can easily create and customize the right Contract of Loan for you depending on your situation.
Lend money with a comprehensive and detailed loan document secured by a collateral. Repayment is to be made in 1 lump-sum payment.
A Contract of Loan is a legally binding document where a person lends money (the “lender”) to another person (the “borrower”) subject to the borrower’s obligation to repay, sometimes with interest. The loan contract stipulates the terms of the loan such as the (a) amount loaned; (b) interest rate; and (c) terms of payment.
A Contract of Loan may also be either secured or unsecured. A secured loan refers to a loan protected by a collateral which the lender can sell if the borrower fails to timely pay the loan. A collateral can be either movable property (i.e. jewelry) or immovable property (i.e. a house). On the other hand, an unsecured loan refers to a loan that offers no collateral and leaves the lender with no property that can be readily sold to pay off the loan if the borrower defaults.
With Legal Tree you can easily create and customize the right Contract of Loan for you depending on your situation.
Lend money with a comprehensive and detailed loan document. Best for loans involving large amounts.
A Contract of Loan is a legally binding document where a person lends money (the “lender”) to another person (the “borrower”) subject to the borrower’s obligation to repay, sometimes with interest. The loan contract stipulates the terms of the loan such as the (a) amount loaned; (b) interest rate; and (c) terms of payment.
A Contract of Loan may also be either secured or unsecured. A secured loan refers to a loan protected by a collateral which the lender can sell if the borrower fails to timely pay the loan. A collateral can be either movable property (i.e. jewelry) or immovable property (i.e. a house). On the other hand, an unsecured loan refers to a loan that offers no collateral and leaves the lender with no property that can be readily sold to pay off the loan if the borrower defaults.
With Legal Tree you can easily create and customize the right Contract of Loan for you depending on your situation.
Lend money with a comprehensive and detailed loan document. Repayment is to be made in 1 initial down-payment then equal monthly installments
A Contract of Loan is a legally binding document where a person lends money (the “lender”) to another person (the “borrower”) subject to the borrower’s obligation to repay, sometimes with interest. The loan contract stipulates the terms of the loan such as the (a) amount loaned; (b) interest rate; and (c) terms of payment.
A Contract of Loan may also be either secured or unsecured. A secured loan refers to a loan protected by a collateral which the lender can sell if the borrower fails to timely pay the loan. A collateral can be either movable property (i.e. jewelry) or immovable property (i.e. a house). On the other hand, an unsecured loan refers to a loan that offers no collateral and leaves the lender with no property that can be readily sold to pay off the loan if the borrower defaults.
With Legal Tree you can easily create and customize the right Contract of Loan for you depending on your situation.
Lend money with a comprehensive and detailed loan document. Repayment is to be made in equal monthly installments
A Contract of Loan is a legally binding document where a person lends money (the “lender”) to another person (the “borrower”) subject to the borrower’s obligation to repay, sometimes with interest. The loan contract stipulates the terms of the loan such as the (a) amount loaned; (b) interest rate; and (c) terms of payment.
A Contract of Loan may also be either secured or unsecured. A secured loan refers to a loan protected by a collateral which the lender can sell if the borrower fails to timely pay the loan. A collateral can be either movable property (i.e. jewelry) or immovable property (i.e. a house). On the other hand, an unsecured loan refers to a loan that offers no collateral and leaves the lender with no property that can be readily sold to pay off the loan if the borrower defaults.
With Legal Tree you can easily create and customize the right Contract of Loan for you depending on your situation.
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