Personal loan agreement
This agreement is made on 18 October 2026 in City and country where you sign between:
Lender: Lender's full name, of Lender's address
Borrower: Borrower's full name, of Borrower's address
1. The loan
The Lender lends the Borrower Amount lent, handed over on Date the money is handed over. The Borrower will confirm in writing, for example by message, that the money has been received.
2. Repayment
The Borrower will repay the loan as follows:
Repayment plan
The whole loan, with any interest due, must be repaid by Date the loan must be fully repaid. The Borrower may repay all or part of it early at any time, without any extra charge.
No interest or other charges are payable except as written in this agreement. The Lender will confirm each payment received in writing, for example by message.
3. Late or missed payments
If the Borrower expects a payment to be late, the Borrower will tell the Lender as soon as possible, and the two may agree a new arrangement in writing.
If any payment is more than Days late before the whole loan can be called in days late, the Lender may give the Borrower written notice to repay the whole unpaid balance within 30 days of the notice.
4. General
- This is the whole agreement between the Lender and the Borrower about this loan. Any change must be in writing and signed by both.
- If any part of this agreement cannot be enforced, the rest still applies.
- This agreement is governed by the law that applies in City and country where you sign.
- The Lender and the Borrower each keep a signed copy.
Signatures
Lender
Name: Lender's full name
Signature: ______________
Date: ______________
Borrower
Name: Borrower's full name
Signature: ______________
Date: ______________