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This tutorial explains how to create a personal loan agreement using DocHub in PDF format, which is highlighted as an easy option. It guides users to fill out a template where they input necessary details, starting with the effective date of the agreement. The example given includes John Appleseed as the borrower, living at 123 Apple Way, Texas, and his wife, Nancy Appleseed, as the lender. The loan amount is set at $10,000, with a repayment period of one year. The video emphasizes the simplicity of filling out the form by clicking on the blanks to input relevant information.