Personal Loan Agreement Template, Attorney-Written & Editable

Why it matters If you and a friend or family member plan to lend or borrow money, it’s critical that you protect yourself with a written Personal Loan Agreement. A legally-binding written agreement sets out the specific terms of the loan, and also protects you if the borrower defaults on the loan and fails to pay you back. What you get This kit includes a thorough, complete five-page Personal Loan Agreement and Promissory Note. The document was drafted by an attorney and can be customized by you in minutes. It’s simple to use, editable, and requires no attorney or legal expertise. The form comes to you as a Microsoft Word file, as well as an editable PDF file.