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.
Title: Understanding the Personal Loan Form Document with iPhone: Types and Key Features Introduction: In today's technologically driven world, completing various tasks using smartphones has become a norm. With the iPhone's advanced capabilities and user-friendly interface, managing personal finances has never been easier. This article will delve into the details of the personal loan form document with iPhone and shed light on its types and essential features. Types of Personal Loan Form Documents with iPhone: 1. Loan Application Form: The loan application form enables iPhone users to apply for a personal loan directly from their devices. It streamlines the application process by eliminating the need for physical paperwork. 2. Loan Agreement: The loan agreement form document encompasses all the terms and conditions agreed upon by the borrower and lender. iPhone' users can conveniently review, sign, and submit the agreement using digital signature technology, ensuring a secure and efficient process. 3. Loan Repayment Schedule: This form document outlines the proposed repayment structure, including the loan amount, interest rate, tenure, and installment amounts. iPhone' users can easily access and track these details through dedicated loan management apps, helping them stay on top of their repayment obligations. Key Features of Personal Loan Form Document with iPhone: 1. Digital Accessibility: iPhone users can conveniently access personal loan form documents anytime, anywhere, eliminating the need for physical copies and allowing for quick and efficient management of loan-related processes. 2. Secure Digital Signatures: Employing advanced encryption technologies, iPhone apps enable users to securely sign loan documents digitally. This eliminates the need for printing, scanning, and faxing the forms to complete the loan approval process. 3. Seamless Document Submission: The iPhone's integrated functionality allows loan applicants to easily attach and submit supporting documents required for loan processing, such as identification proofs, income statements, and bank statements. This ensures a hassle-free and streamlined loan application process. 4. Cloud Storage and Backup: iPhone users can leverage cloud services to back up and store their personal loan form documents securely. This enables them to access and retrieve critical loan-related information even if their device is lost, stolen, or damaged. 5. Personalized Alerts and Reminders: Dedicated loan management apps for iPhone often offer personalized notifications, reminders, and alerts for upcoming loan payments, ensuring borrowers never miss their repayment commitments. Conclusion: With the aid of iPhones and specialized apps, personal loan management has undergone a significant transformation. The convenience, security, and accessibility of personal loan form documents on iPhones have made the loan application, approval, and repayment processes easier, faster, and more efficient. Whether it's the loan application form, loan agreement, or loan repayment schedule, iPhone users can now navigate their personal finances with confidence and ease.
