Official Personal Loan Agreement Template: https://bit.ly/3tQVpTF

A Personal Loan Agreement outlines the terms of lent money and is executed between a debtor and a lender. The lender can be a bank, other entity, or an individual, and the debtor agrees to pay back the lender’s money in accordance with the terms set in the agreement.

A personal loan isn’t tied to any asset like a house or a car, so these loan agreements allow for flexible spending of the money lent. A Personal Loan Agreement is a binding contract and may need to be signed by a notary.

Free Version: https://eforms.com/loanagreement/per...

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0:00 Intro:
0:17 Differences Between A Personal Loan and A Standard Loan:
0:45 What Needs To Be Included In A Personal Loan:
1:15 Defaulting On A Personal Loan: