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In this video tutorial, the presenter explains how to write a personal loan agreement using docHub PDF, a fillable form format. To create the agreement, users are guided to input essential information such as the effective date, borrower details, and lender information. The example given features Johnny Appleseed as the borrower living at 123 Apple Way, Applebill, Texas, borrowing $10,000 from his wife, Nancy Appleseed, who resides at the same address. The borrower promises to repay the loan within one year. The tutorial emphasizes filling in blanks with appropriate details to complete the agreement effectively.