Private loan contract model

Lender: Name: Gender: ID number: Address:

Borrower: Name: Gender: ID number: Address:

Party B intends to use part of the funds to Party A. The two parties have signed this contract after full consultation.

The first one is from the date of the year to the day of the month, and Party A lends the amount of RMB to the Party. The annual interest rate is calculated at 20%. If the early repayment rate is calculated at 2%.

Article 2 Party B's repayment plan is as follows: The one-off return of the principal and interest in the year, month and day is the total amount. If the prepayment rate is calculated at 2% per month.

Article 3 If Party B fails to repay the loan according to the specified time and amount, Party B shall pay Party A a penalty for breach of contract. Liquidated damages are calculated at 1% of the daily loan amount.

Article 4 Ways to resolve contractual disputes: The dispute arising from the execution of this contract shall be settled through negotiation between the two parties. If the negotiation fails, it may be brought to the people's court.

Article 5 This contract is made in two copies and each party holds one copy.

Article 6 This contract shall come into force on the date of signature by both parties.

Borrowing borrower:

Borrower:

Signing date:

Signing place: