This package includes the essential forms needed for making and collecting a personal loan. These forms are an important tool for avoiding future misunderstandings and disputes. Purchase of this package is a savings of more than 50% over purchase of the forms individually!
The following forms are included in this package:
Unsecured Installment Payment Promissory Note for Fixed Rate - This is a Promissory Note for your state. The promissory note is unsecured, with a fixed interest rate, and contains a provision for installment payments.
Secured Promissory Note - This form is a secured Promissory Note. The note includes a provision which describes the collateral to be used as security on the loan. The form also contains a section which details various actions which would constitute default on the note.
Personal Guaranty - General - This form is a Guaranty. The form provides that the guarantor assures the full and prompt payment of all obligations incurred by the payor.
Sample Letter for Past Due Balance - This is a sample notice for use when a debtor is overdue in payments on a promissory note. A time period for making payment before further action is taken, which may be modified to suit your needs, is provided.
Complaint for Past Due Promissory Note - The form is a complaint for a default on payments due pursuant to a promissory note. The complaint adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another.
Promissory Note with Installment Payments - This form is a Promissory Note. The form provides that the borrower promises to pay the lender in monthly installments. The agreement also provides that there will not be a pre-payment penalty on the note.
Notice of Default in Payment Due on Promissory Note - This form is a notice of a failure to make a required payment when due pursuant to a promissory note. The form also contains a warning to the breaching party that legal action will be taken unless the breach is remedied on or before a certain date. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.
Resolution of Meeting of Corporation to Make Specific Loan - This form is a resolution of meeting of a board of directors or shareholders to make specific loan. This form may be easily modified for use by other business entities.
Receipt for Payment of Account - This form is a Receipt. The form provides that the undersigned acknowledges the receipt of a certain sum of money which constitutes payment on the account named in the receipt. The receipt also lists the balance remaining on the account, if applicable.
Promissory Note with Confessed Judgment Provisions - This form is a Promissory Note with Confessed Judgment Provisions. The maker of the note promises to repay a loan received from the lender, with interest. The form provides that if the maker defaults upon the loan, the lender may exercise the option of demanding the immediate payment of the entire loan. The debtor agrees to have judgment entered in the lenders favor if court action is brought to enforce collection.
Balloon Unsecured Promissory Note - This form is a model balloon promissory note, with a fixed interest rate. A balloon note is structured such that a large payment is due at the end of the repayment period. Adapt to fit your specific circumstances.
Form loan documents for Paging are an essential part of the application process for borrowing funds from the Home Development Mutual Fund (HDMI), commonly known as Paging. These documents provide detailed information about the borrower and the loan terms, ensuring transparency and accountability for both parties involved. One of the most important loan documents required by Paging is the MPL AF or the Multi-Purpose Loan Application Form. This form is specifically designed for individuals who wish to avail themselves of a multi-purpose loan, which can be used for various personal expenses such as education, medical bills, and even for home improvement projects. Another type of loan document is the Housing Loan Application Form. As the name suggests, this form is intended for those who plan to apply for a loan to finance the purchase of a residential property or for home construction and improvement purposes. The Housing Loan Application Form requires detailed information about the borrower's income, employment history, and the property being purchased or improved. For those seeking to avail themselves of a calamity loan, the Calamity Loan Application Form is necessary. This form is used in times of natural disasters or emergencies, providing financial assistance to individuals affected by such unforeseen events. The Calamity Loan Application Form requires information about the borrower's location, nature of the calamity, and any supporting documents related to the event. Additionally, the Modified Paging II (MP2) Enrollment Form is available for individuals interested in accumulating additional savings through Paging's voluntary savings program. This form allows members to enjoy higher dividends while providing an opportunity for long-term financial stability. To complete the loan application process, borrowers are required to submit supporting documents along with the respective loan application forms. These documents may include proof of identification, income documents (such as payslips and employment certificates), and proof of billing or residence. In summary, Paging offers various loan programs, each requiring specific loan application forms. These include the Multi-Purpose Loan Application Form, Housing Loan Application Form, Calamity Loan Application Form, and the Modified Paging II Enrollment Form. It is essential for borrowers to fill out these forms accurately and provide the necessary supporting documents to ensure a smooth and efficient loan application process.
