Where To Find Free Loan Contracts
It is said to be a bad idea to loan money to friends or family members. If you must loan money to someone, you will find that it’s best to have a free loan contract example as a template for your personal loan. When you use examples of free personal loan contracts, you can set the terms of the contract in advance, hopefully saving you much time and energy once the loan or loan payments come due. In addition to saving time and money, using free loan contract templates can help you avoid any legal issues stemming from nonpayment of the personal loan.
At times, you may need to loan money to someone if you have a business. The ability to download free loan contract forms can help small business start-ups save time and the hassle of hiring a lawyer to write the loan contracts. With this savings, you’ll have more money for advertising or anything else you need for your business.
Searching Online For Free Loan Contracts
Unfortunately, when you do a simple search for free loan contract templates; you can receive a lot of results for places where you’d apply for a loan instead of getting a free loan contract example. Because of how many search engines operate, a search for anything with the word loan in the search terms will generate results for car loans and payday loans. It can take some time to weed out the results you need from the results for loans you don’t need.
Free Loan Contracts At BuyerZone®
When you visit BuyerZone® at http://www.buyerzone.com, they have a number of free loan contract forms, in addition to other free forms such as confidentiality or non-disclosure agreements and due diligence checklists. These forms are great for a business start-up, allowing the business owner to download the contracts and other forms that might be needed for their small business. The availability of these free loan contracts forms online means the small business owner can ensure that all loan contracts cover aspects the business owner might not have considered. Additionally, free loan contract templates can allow a business owner to be sure that they offer similar terms to their loans as other business owners do for similar circumstances.
Loan contracts through BuyerZone® include information on repayment dates, prepayments, grace periods, and defaults, as well as interest rates, collateral, and cosigners. With these fields included in the free loan contract templates, you can be sure that your loans to your customers leave you some recourse in the event that they fail to pay as agreed. In addition to protecting yourself, you are protecting your customer from any possibility of loss. They will most likely feel safer signing a professional looking loan contract.
Free Loan Contracts At LoanBack
LoanBack offers free personal loan contracts. Whether you’re a borrower or a lender, LoanBack’s LoanBuilder™ will personalize your personal loan contracts when you visit http://www.loanback.com/. Free personal loan contracts can help with borrowing between friends. It doesn’t matter if your friend needs to borrow money for a deposit on a house, or to help buy clothes for their new job after being unemployed for several months, you can find the free loan contract templates that you need to ensure your friend pays back their loan. Using one of the free personal loan contracts through LoanBack will hopefully help you keep your friendship intact when you loan money to or borrow money from a friend.
Free Loan Contracts At FreeLegalDocuments
Though they are a bit hidden, you can find many different types of free loan contract templates when you visit FreeLegalDocuments at http://www.free-legal-document.com/. When you click on the promissory note link on the website, you will reach a number of free loan contract templates that you can copy to word processing software for your personal or business use. The documents include contracts for loans with installment payments and contracts with installment payments with a balloon payment at the end. With up to 7 different loan contract templates, FreeLegalDocuments has any type of loan agreement you might need, including a legal document regarding defaults. If your borrower does not repay you as agreed, you need to send them a “Notice of Default” before you can take them to court or start other legal action against them.
In addition to the free loan contract templates, the FreeLegalDocuments website gives you information on the different laws that are affected by your loan contracts. They tell you what you need to do when you are sending a notice of default, including ensuring that you have proof that the notice was delivered. The free loan contract example for installment promissory notes gives you suggestions on where to get more information. Extras like these make the website at FreeLegalDocuments a valuable resource.
Free Loan Contracts At ILRG
When you visit the Public Legal Forms website run by the Internet Legal Research Group at http://www.ilrg.com, there are a large variety of forms for you to use. Though this website does offer the loan contract templates for sale, they also display an example of the contract. When looking at the contract example, you can highlight the parts you need and copy them to your clipboard before pasting them to any word processing software. The Internet Legal Research Group requests that you help support their efforts by purchasing the loan contracts or clicking on the advertising links on their website. In addition to free loan contract templates, ILRG offers a notice of default in payment, on the off chance that you need to send your borrower such a notice.
Free Loan Contracts From Kinsey Law Offices
On the Kinsey Law website at http://www.kinseylaw.com/, you can find a number of free contract forms including free loan contract forms. When you go to the website and click on the link to free stuff, they have a disclaimer strongly suggesting that you consult an attorney before you use any of the contracts in their free area. Considering this is a law firm, it’s not surprising that they suggest consulting an attorney. However, once you click on the “I agree” link, you can find free loan contract templates.
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