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 form online for unemployed is a convenient and accessible way for individuals who are currently unemployed to apply for loans through the internet. These online loan forms cater specifically to the needs of unemployed individuals, offering them a chance to access financial assistance during this challenging phase of their lives. Whether it's to cover urgent expenses, start a small business, or simply tide over until they secure a job, online loan forms for the unemployed can provide much-needed help. These loan forms typically feature a simple and user-friendly interface, allowing applicants to fill out necessary personal and financial details securely and conveniently. The online platform ensures that applicants can complete the loan application process from the comfort of their own homes, avoiding the hassle of visiting physical banks or lenders. Keywords: loan form online, unemployed, financial assistance, convenient, accessible, urgent expenses, small business, challenging phase, secure, personal and financial details, user-friendly interface, comfort, physical banks, lenders. Different types of loan forms online for unemployed individuals may include: 1. Unsecured personal loans: These loans do not require collateral, making them suitable for unemployed individuals who do not possess valuable assets. Lenders assess the applicant's creditworthiness and income potential to determine loan eligibility and terms. 2. Payday loans: This type of loan provides a short-term cash advance to unemployed individuals, with the repayment typically due on their next payday. These loans are usually small in amount and require the borrower to have a steady income source. 3. Online installment loans: These loans allow unemployed individuals to repay the borrowed amount in fixed monthly installments over a predetermined period. Interest rates and terms vary based on the loan provider and the applicant's financial situation. 4. Peer-to-peer loans: Also known as P2P loans, this type of loan connects unemployed individuals directly with investors willing to lend money. The loan terms and interest rates depend on the investor's agreement with the borrower. 5. Title loans: Unemployed individuals who own a vehicle may consider title loans, where they use their vehicle's title as collateral for borrowing money. However, defaulting on payments can lead to repossession of the vehicle. Whatever the type of loan form unemployed individuals choose, it is crucial to carefully review and understand the terms, interest rates, repayment schedules, and any associated fees. It's also recommended comparing offers from different lenders and consider seeking financial advice before committing to any loan agreement.
