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 is a financial document required by lending institutions when green card holders apply for a personal loan. This form provides essential information about the borrower, the loan amount, and the terms and conditions of the loan agreement. It serves as a legal contract between the borrower and the lender, ensuring that both parties understand their rights and obligations. When filling out a personal loan document form, green card holders need to provide their personal details, including their name, contact information, and social security number. They may also be required to submit proof of identification, such as a copy of their green card or passport. The form usually requires the borrower to specify the loan amount they are requesting, the purpose for which the funds will be used, and the desired repayment term. Additionally, green card holders may need to disclose their employment information, monthly income, and any existing debts or financial obligations. Depending on the lending institution and the specific loan program, there may be different types of personal loan document forms for green card holders. These could include: 1. Green Card Holder Personal Loan Application Form: This standard form is used by most lenders and covers basic personal and financial details of the borrower seeking a personal loan. 2. Permanent Resident Loan Agreement: This form outlines the terms and conditions of the loan, including the interest rate, repayment schedule, and any fees or penalties associated with the loan. 3. Non-Citizen Loan Affidavit: Some lenders may require green card holders to fill out this form, which attests to their legal status in the country and their intention to remain in compliance with immigration laws during the loan term. 4. Foreign Income Verification Form: Green card holders who earn income from abroad may be asked to complete this form, providing documentation and details about their foreign earnings. It is important for green card holders to carefully read and understand all the terms and conditions specified in the personal loan document form before signing it. They should also compare loan offers from different lenders to secure the most favorable interest rates and repayment terms that suits their financial needs and situation. By providing accurate and comprehensive information on the personal loan document form, green card holders can increase their chances of loan approval and enjoy the benefits of a personal loan to fulfill their financial goals.
