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In this video tutorial, viewers learn how to create a personal loan agreement using DocHub PDF, which is presented as the easiest option. The process involves filling out a form where users input the effective date and borrower details. For example, the borrower is identified as Johnny Appleseed, with an address of 123 Apple Way, Apple Hill, Texas. The loan is made to his wife, Nancy Appleseed, who shares the same address. The borrower agrees to repay a $10,000 loan within a year. The tutorial emphasizes filling in the blanks within the form to complete the agreement accurately.