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The tutorial explains how to create a personal loan agreement using docHub PDF. Users should visit the specified webpage and choose their preferred format, with docHub PDF recommended for its ease of use. The form is fillable; users can click on blank spaces to enter information. The tutorial demonstrates how to set the effective date of the agreement, which is noted as May 24. It includes an example featuring a borrower, Johnny Appleseed, and a lender, his wife Nancy Appleseed, both residing at the same address. The agreement includes terms for repayment, specifying a loan amount of $10,000 to be paid within one year.