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In this video tutorial from PDF Run, viewers learn how to fill out a loan agreement, also known as a loan contract or lending agreement, between a lender and a borrower. Such agreements can be formal, from banks or credit unions, or informal, like loans from friends. To start, users should click on the "fill online" button, which takes them to PDF Run's online editor. They need to enter the date and the full legal names, addresses, and loan amounts for both the borrower and lender. The tutorial emphasizes the importance of reading and understanding the terms and conditions. Additional sections include loan due dates, prepayment costs, waiver provisions, and how notifications will be communicated.