Loan Repayment

Loan Repayment Agreement and Schedule

$5.00

Disclaimer: this is not a legal document

If you offer to lend money to a friend or family member treat it like a business transaction.

Agree on:

  • the amount to be paid;
  • how often the instalments will be paid;
  • how the instalments will be paid; and
  • when the final amount is due.

Having a payment system lays down the expectations for both parties.

 

Benefits for the lender:

  • You are doing a nice thing helping someone else out;
  • You have a written commitment of how and when your money will be returned; and
  • If anything was to happen to you, the amount owing can be recouped on your behalf.

Benefits for the borrower:

  • Cash upfront to solve your cash flow problem;
  • No interest fees from the bank;
  • A structured system to repay the loan; and
  • The borrower should not be able to comment on your lifestyle if you are making the repayments as agreed.

Read more below…

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SIZE

A4

DELIVERY

This is a digital product, no physical item will be posted to you.  This file is available for download via the My Account page immediately after purchase.  You can then save this product to your computer, open and print as many times as you require.

Please note there is a limit to 3 downloads from the shop for this product, so it’s very important to save to your computer so you can easily access in the future.

FILE

These images are digital products, all available in PDF format.

SOFTWARE REQUIREMENTS

  • To open the PDF you will need Adobe Reader (Adobe Reader is a free & safe download).

TERMS & DISCLAIMER

  • This product is for personal use only, not to be shared or reproduced and is copyright © Guide To Moving Out.  All rights reserved.
  • No refunds are available on digital products.
  • Minimal colours have been used in this product so you print in black & white to save on printing costs.

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