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.
A personal loan document form for credit card is a legal agreement that outlines the terms and conditions of availing a loan against a credit card. It is a crucial document that both the lender and the borrower must understand and sign before proceeding with the loan disbursement. The personal loan document form for credit card typically includes important information such as the borrower's personal details, credit card information, loan amount, interest rate, repayment schedule, and any associated fees or charges. It serves as evidence of the borrower's intention to take a loan and the lender's obligation to provide the funds. Different types of personal loan document forms for credit cards may vary based on the specific terms and conditions offered by different financial institutions. Some common variations may include: 1) Credit Card Cash Advance Agreement: This form is used when a borrower wishes to obtain a cash advance against their credit card balance. It outlines the terms of the advance, such as the maximum withdrawal limit, interest rate, and any applicable fees. 2) Credit Card Installment Loan Agreement: This document is used when a borrower chooses to convert their credit card purchases into an installment loan with fixed monthly payments. It specifies the loan amount, interest rate, repayment period, and any associated fees. 3) Balance Transfer Loan Agreement: This form is used when a borrower wants to transfer the outstanding balance from one credit card to another. It outlines the terms of the balance transfer, such as the transfer amount, promotional interest rate, repayment period, and any balance transfer fees. 4) Credit Card Overdraft Agreement: This document is used when a borrower wants to link their credit card to their bank account to provide overdraft protection. It specifies the overdraft limit, interest rate, repayment terms, and any related fees. 5) Credit Card Personal Line of Credit Agreement: This form is used when a borrower wants to establish a personal line of credit against their credit card. It outlines the terms and conditions of the line of credit, such as the credit limit, interest rate, repayment terms, and any associated charges. In conclusion, personal loan document forms for credit cards are essential agreements that govern the specific terms of borrowing against a credit card. Various types of forms cater to different loan purposes, providing borrowers with flexibility and convenience in managing their financial needs.
