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2. How To Create a Personal Loan Agreement in 5 Steps - AOL

   www.aol.com/finance/create-personal-loan...

   A personal loan agreement is a legally binding document that outlines the terms and conditions of a loan between two parties: the lender and the borrower. Whether you're lending money to a friend,...

3. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Standardized templates for loan agreements can assist in ensuring all critical terms and clauses are included. [4]

4. Tanda (informal loan club) - Wikipedia

   en.wikipedia.org/wiki/Tanda_(informal_loan_club)

   As an example, a tanda is formed between ten friends and family. Each member gives $100 USD every two weeks to the group's organizer. At the end of the month, one participant gets the "pot", $2000. Or, each member gives $100 weekly, and each week one of the ten participants get the pot ($1,000). This continues until each member has received the ...

5. Joint and several liability - Wikipedia

   en.wikipedia.org/wiki/Joint_and_several_liability

   If parties have joint liability, each of them is liable up to the full amount of the relevant obligation.. Example: Alex and Bobbie are married.Together they take a loan from a bank and the loan agreement specifies that they are to be jointly liable for the full amount.

6. Should I loan money to friends or family? - AOL

   www.aol.com/news/2008-02-19-should-i-loan-money...

   No matter how you go about doing it, a loan between friends or family always seems to end badly.Consider my personal experience with this.

7. Unsecured guarantor loan - Wikipedia

   en.wikipedia.org/wiki/Unsecured_guarantor_loan

   In personal finance, a guarantor loan is a type of unsecured loan that requires a guarantor to co-sign the credit agreement. A guarantor is a person who agrees to repay the borrower’s debt should the borrower default on agreed repayments.