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.
Loan document forms for Paging are essential paperwork used by members to apply for various loan programs offered by the Paging Fund. These forms provide detailed information about the borrower's financial and personal details, ensuring a smooth and efficient loan application process. Here are some key loan document forms for Paging and their respective types: 1. Paging Multi-Purpose Loan (MPL) Application Form: This form is designed for members who wish to avail of the Paging MPL. The MPL allows borrowers to address immediate financial needs such as education, medical expenses, home improvement, or other personal purposes. 2. Paging Calamity Loan Application Form: In times of calamity or natural disasters, Paging extends financial assistance through their Calamity Loan program. This loan document form facilitates the processing of funds for disaster-stricken members seeking assistance to rebuild their lives. 3. Paging Housing Loan Application Form: The Housing Loan is commonly sought by members who dream of acquiring their own homes. This loan document form collects comprehensive information about the borrower's desired property, financial standing, and other pertinent details necessary for the evaluation and approval of the housing loan. 4. Paging Home Improvement Loan Application Form: For members seeking to renovate or enhance their existing residential properties, the Home Improvement Loan provides financial support. The loan document form gathers relevant information about the borrower's home improvement plans, estimated costs, and other related details. 5. Paging Short-Term Loan Application Form: This loan document form is used for members who need immediate financial assistance for various purposes, such as educational expenses, health emergencies, or temporary cash flow needs. The Short-Term Loan helps address urgent financial requirements while ensuring manageable repayment terms. 6. Paging Overseas Program Loan Application Form: For Filipino overseas workers, the Paging Overseas Program (POP) loan document form serves as a tool to apply for housing and multi-purpose loans. This program aims to cater to the financial needs of overseas Filipino workers and ensure their access to Paging Fund benefits while working abroad. Remember that specific loan forms may vary depending on the chosen loan program and the region or country where the application is processed. It is essential to consult the official website of Paging or visit their local branch to obtain the most up-to-date loan document forms required for loan applications.
