Get Retail Installment Contract And Security Agreement - American ...

This guide provides a comprehensive overview of the Retail Installment Contract and Security Agreement - American. Users will find step-by-step instructions to assist them in accurately completing the form online.

Follow the steps to complete your agreement correctly.

1. Click the ‘Get Form’ button to obtain the form and open it in your chosen editor.
2. Enter the names and addresses of the buyer and co-buyer, ensuring to include the zip code. This information must accurately reflect the individuals involved in the transaction.
3. Fill in the date when the contract is being completed. This will be used as a reference for the agreement timeline.
4. Input the details of the dealer, including the name and address, to identify the seller in the agreement.
5. Provide the creditor's information, including their name and address. This identifies the entity to whom payment will be made.
6. Specify the details of the motor vehicle being purchased, including year, make, model, VIN number, and mileage. Be sure the description accurately reflects the vehicle.
7. Under the security section, acknowledge the security interest being granted in the vehicle and related property.
8. In the promise to pay section, enter the principal amount due and the applicable finance charges. Ensure these amounts reflect your agreement terms.
9. Complete the down payment section and provide details as outlined, including any deferred payments or trade-in values.
10. Review the Truth in Lending Disclosure and fill in the necessary figures such as annual percentage rate and total sales price.
11. Fill out the payment schedule with details about the number of payments, amounts, and due dates. Ensure all information is correct and aligned with the contract.
12. Make sure to initial and sign where indicated, acknowledging your understanding of the terms, including any property insurance and warranty options.
13. Once all sections are complete, save changes to the document. Ensure to download or print a copy for your records.

Complete your documents online today for a smoother and more efficient experience.