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 form document for Chase Bank is a formal application that individuals can utilize to apply for a personal loan from Chase Bank. This document plays a crucial role in the loan application process as it gathers all the necessary information and provides the bank with insights into the borrower's financial standing and creditworthiness. Chase Bank offers various types of personal loan forms to cater to different loan purposes, such as: 1. Personal Loan Application Form: This is the standard form used by individuals who seek a personal loan for general purposes such as debt consolidation, home improvements, or medical expenses. It typically includes sections for personal details, employment information, income, credit score, desired loan amount, and purpose of the loan. 2. Auto Loan Application Form: Chase Bank provides specific personal loan forms designed for individuals seeking financing for a vehicle purchase. These forms typically require additional information, including vehicle details such as make, model, mileage, and identification numbers, along with the buyer's personal and financial information. 3. Home Equity Loan Application Form: This type of personal loan form is intended for individuals who own a property and wish to leverage the equity in their home to secure a loan. The form collects details regarding the property's current market value, outstanding mortgage balance, and the desired loan amount. 4. Student Loan Application Form: For students or parents of students planning to pursue higher education, Chase Bank offers personal loan forms tailored to this specific purpose. These forms typically require information about the educational institution, course details, and information about the student/parent's financial capability to repay the loan. 5. Personal Line of Credit Application Form: Chase Bank also provides a personal line of credit, which allows customers to borrow and repay funds as needed, up to a specified limit. The application form for this type of loan includes sections for personal and financial information, income details, intended use of the line of credit, and requested credit limit. 6. Secured Loan Application Form: Chase Bank offers secured personal loans that require collateral to secure the loan amount. The application form for a secured personal loan collects information about the collateral being offered, such as property details, vehicle information, or savings accounts. These personal loan form documents are crucial for loan applicants as they help Chase Bank evaluate an individual's eligibility for a loan, determine the loan amount, interest rates, and repayment terms. Thus, ensuring accurate and complete information submission through these forms is vital for a successful loan application process.
