Personal loan contract model (private loan)

[Hint] Whether you like it or not in your daily life, someone will definitely borrow money from you. Of course, sometimes we will lend money to others, money to make money, and interest. When borrowing money, in order to protect their legitimate interests, people generally require the debtor to write a debit. Why do we have to borrow? Because, in case of a lawsuit, we have the credentials to protect our rights and interests. However, with the increasing awareness of the law, in order to better protect the rights and interests of both parties in the process of lending, people not only write a loan, but sign a written loan contract, and sometimes find more than two. The guarantor will make a guarantee, and the guarantee clause and the guarantor will be stated in the loan contract. Therefore, we should establish a concept that borrowing money for others needs to sign a written loan contract.

Personal loan contract model

Party A: _____________________

identification number:_________________________

Party B: _____________________

identification number:_________________________

Both parties have reached an agreement on the following matters and signed this contract.

1. Party B lends to Party A RMB ________________________ and delivers it to Party A before _____________________.

2. Loan interest: ________________________________________________

Third, the term of the loan: ________________________________________________

Fourth, the date and method of repayment: _______________________________________

V. Liability for breach of contract: _____________________________________________

6. This contract is effective as of _____________________. This contract is made in two copies, each party holding one.

Party A: _____________________ Date of contract signing ______________

Party B: _____________________ Date of contract signing ______________