Common Contracts
1 similar Payment Agreement contracts
Simple payment agreement template pdfPayment Agreement • July 11th, 2023
This payment agreement is entered on [Document.CreatedDate] between [Sender.FirstName][Sender.LastName], hereby referred to as the "creditor" with an address of [Sender.StreetAddress], [Sender.City], [Sender.PostalCode], and [Client.FirstName][Client.LastName], hereby referred to as the "debtor" with an address of [Client.StreetAddress], [Client.City], [Client.PostalCode], collectively referred to as the "parties."This agreement sets forth the specific terms and conditions under which the debtor will repay a loan or debt made by the creditor to the debtor. These terms include but are not limited to:The creditor will loan the debtor a total of $(Insert Amount) dollars, to be paid back in full by the due date of (Insert Date). The interest rate for this loan is (Insert Rate)%.State when, how often, and where the debtor will make payments. Outlining the payment schedule and method helps to ensure that the parties agree on how and when the debtor should repay the debt.The repayment term fo
