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Printables

Loan Repayment Agreement and Schedule

Name: Loan Repayment Agreement and Schedule
SKU: 5339
Availability: InStock

$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…

Category: Printables

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TERMS & DISCLAIMER

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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