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In this tutorial from PDF Run, viewers are guided on filling out a loan agreement, also known as a loan contract or lending agreement, which is crucial for formalizing the relationship between a lender and a borrower. Users begin by clicking the fill online button to access the online editor. They are instructed to enter the date, along with the full legal names and addresses of both the borrower and lender, as well as the loan amount. The tutorial emphasizes the importance of carefully reading and completing sections on terms and conditions, payment due dates, prepayment costs, fees, and various legal clauses. Lastly, it covers providing options for communication methods between the parties.