Personal Debt Agreement Template 2026

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While it wont hurt to have your loan contract docHubd, its not necessary to ensure that the contract is legally binding. Often, its enough to have a witness sign off on the document in addition to the borrower and the lender.
While you can write a personal loan agreement yourself, you may consider many available templates online with the necessary clauses. You may consider having your loan reviewed or drafted by a reputable lawyer for more complicated loan agreements.
What a personal loan agreement should include Legal names and address of both parties. Names and address of the loan cosigner (if applicable). Amount to be borrowed. Date the loan is to be provided. Repayment date. Interest rate to be charged (if applicable). Annual percentage rate (if applicable).
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