Loan Agreements

What is loan agreement? Borrowing money is a big decision that one has to make with great care. No matter you are a lender or a borrower, you can use the loan agreement to protect you from all the misunderstandings and disagreements. The loan agreement is a piece of document in which you can clearly note down the terms and conditions of the loan agreement. This agreement makes clear everything about the loan contract. When to use loan agreement? You can use the loan agreement when you are loaning your money to someone. You can also use it when you…