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In this tutorial from PDF Run, viewers learn how to fill out a loan agreement, also known as a loan contract or lending agreement, which is used between a lender and a borrower. These agreements can be sourced from official lenders like banks or informal lenders such as friends. To begin, users should click the "Fill Online" button, which opens PDF Run's online editor. Key steps include entering the date, the borrower and lender's full legal names, addresses, and the loan amount. The tutorial emphasizes the importance of understanding the terms and conditions, including payment due dates, prepayment options, costs, fees, and communication preferences. Additional necessary information is also covered in the filling process.