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 without the lines moving is a standardized paper or digital application that helps individuals apply for a personal loan without the hassle of lines shifting or moving on the page. This document plays a vital role in the loan application process by providing a structured format for borrowers to provide required information. The primary purpose of a personal loan document form without the lines moving is to ensure accuracy and efficiency in capturing personal, financial, and employment details necessary for loan approval. By using this form, borrowers can neatly fill in their information without any concerns about unreadable or distorted text due to moving lines. Some common sections included in a personal loan document form without the lines moving may include the following: 1. Personal Information: This section collects essential details such as name, address, contact information, Social Security number, and date of birth. 2. Employment Details: Lenders need to assess the borrower's employment stability and income to determine their repayment capacity. This section captures employment status, employer's details, job title, monthly income, and length of employment. 3. Financial Information: Here, borrowers provide an overview of their financial situation. This may include details about existing debts, monthly obligations, assets, and liabilities. 4. Loan Amount and Purpose: Applicants specify the desired loan amount and the purpose for which they intend to use the funds. This section helps lenders understand how the loan will be utilized. 5. Credit History: Borrowers may be required to provide consent for the lender to access their credit history and report. This information gives lenders insight into the applicant's creditworthiness. 6. Co-Applicant Details: In cases where the loan is jointly applied with another individual, this section collects information about the co-applicant. Within the category of Personal loan document forms without moving lines, different variations may exist to cater to specific lending institutions or agencies. These can include forms designed for different types of personal loans such as: 1. Secured Personal Loan Form: This form includes additional sections to capture details about collateral or assets provided as security against the loan. 2. Unsecured Personal Loan Form: This type of form focuses primarily on the borrower's personal and financial details without requiring any collateral information. 3. Payday Loan Form: Specifically designed for payday loans, this form includes sections for capturing details about the borrower's next payday and the repayment schedule. 4. Small Business Personal Loan Form: If the personal loan is intended for small business purposes, this form may include additional sections to gather details about the borrower's business, plans, and projections. Personal loan document forms without the lines moving offer a convenient and organized way for borrowers to apply for personal loans effectively. By eliminating the hassle of shifting or distorted lines, these forms enable borrowers to complete their application accurately, increasing their chances of loan approval.
