Drawing up a loan agreement
You'd like to take out a loan with a friend or with your parents? We recommend that you draw up a loan agreement, for which we'll send you a template.
The answer in detail
With a written loan agreement, rights and obligations of the lender and borrower can be clearly defined and disputes avoided. This applies in particular with respect to the amount of the loan as well as when it is paid out and repaid. Our contract template puts you on the safe side.