This loan agreement is made between the Lender and of (Borrower)
The lender agrees to lend the borrower the sum of
And the borrower agrees to repay including interest.
Borrower agrees to make payment(s) of
on the following due date
Payments can be made via bank transfer or via cash to specific bearer.
Failure to have payments made on time can result in additional late fees, also but not limited to legal actions to include:
- Your information being sent to an officer of the law
- Pictures being shared on Social Media
- Work Place visits by Representative from the company or police officer
- The matter can also be resolved in court.