I would like to know how to write up a contract between two people for a loan from one to the other.?

Question

I need a signed paper for someone I loaned money too. With details on the amt. to be paid monthly and interest added

Answer 1

Use a promissory note (IOU).
There's a state by state listing for standard language here:
http://www.ilrg.com/forms/promisry.html

Answer 2

Hello,
This is Mr Chris Peters.I am a loan leder who give out loan at low interest rate of 3% to 5%.Are you financially down?Do you need help to pay your bills?If yes,contact me today for your loan at [e-mail] or [e-mail] you have contacted me before you are now to contact me via my new email address.I will be ready to help you regarding this as i am ready to work with you if you are a honest person.When you are contacting me plkease do include the amout of loan you need and the duration you need the loan for so that i can frward to you my loan terms and condition.I will be expecting your mail soon.Thank you



[e-mail]
[e-mail]

Answer 3

There is a service that does this for a small fee. I heard about this company on public radio. What they do is structure and manage your private loan transaction (family, friend loans), from origination on.

Here is the National Public Radio podcast that mentioned Circle Lending:
http://www.npr.org/templates/story/story.php?storyId=6208227

Answer 4

Do just that, both sign, and get it notorized. You say Jack Johnson borrowed $6,000 from Johnson Jack on _______date. Payments are to begin on_________ in the amount of _________. They are to continue each month for the next 52 months. It doesn't have to sound like an attorney wrote it.

Answer 5

office depot staples etc. have kits..