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.
Instant personal loan without documents is a hassle-free, convenient financial solution that allows individuals to secure immediate funds without the need for lengthy paperwork or paperwork. This type of loan is gaining popularity among borrowers due to its speedy approval and simple application process. Here are some key features and benefits of instant personal loans without documents: 1. Fast Approval: Instant personal loans without documents are designed to provide swift approvals, ensuring that borrowers receive the much-needed funds within a short period. This is ideal for individuals facing urgent financial emergencies or unexpected expenses. 2. No Documents Required: As the name suggests, this type of loan eliminates the need for extensive paperwork. Unlike traditional loans that require various documents such as income proof, identity proof, bank statements, etc., instant personal loans without documents offer hassle-free accessibility by minimizing documentation requirements. 3. Online Application: These loans can be conveniently applied for online, eliminating the need for physically visiting a bank or lender's office. Borrowers can submit their loan application through a secure online platform from the comfort of their homes or offices. 4. Minimal Eligibility Criteria: Instant personal loans without documents usually have minimal eligibility criteria, making them accessible to a wide range of individuals. Basic requirements typically include being an adult citizen, having a stable source of income, and having a valid bank account. 5. Flexible Loan Amount: Depending on the borrower's specific financial needs and repayment capacity, instant personal loans without documents offer flexibility in loan amounts. Borrowers can choose the desired loan amount within the predetermined limits set by the lender. Different types of instant personal loans without documents: 1. Instant Payday Loans: These loans are designed to bridge the gap between paychecks and provide small, short-term funds until the borrower's next payday. Lenders offering instant payday loans typically do not require extensive documentation, making them a popular choice for immediate cash needs. 2. Instant Cash Loans: Instant cash loans provide borrowers with a quick source of funds without the need for extensive paperwork. These loans generally have higher interest rates but provide borrowers with immediate financial assistance during emergencies. 3. Instant Line of Credit: An instant line of credit functions similar to a credit card, wherein borrowers have access to a predetermined credit limit and can withdraw funds as needed. This type of loan allows borrowers to have instant access to cash without the need for documentation. In conclusion, an instant personal loan without documents is a convenient financial solution that provides borrowers with rapid access to funds without the burden of paperwork. With its fast approval process, minimal eligibility criteria, and online application, this type of loan is gaining popularity among individuals seeking quick financial assistance. Different variations include instant payday loans, instant cash loans, and instant lines of credit, catering to various short-term financial needs.
