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Draft, outline loan agreement??

theartfullodger
theartfullodger Posts: 16,043
Part of the Furniture 10,000 Posts Name Dropper
Forumite
I know, I know, never lend to friends or family!!! I accept fully I may be making a daft decision but....

I'm planning on loaning a friend some money (£950 since you ask). I'd prefer to get this documented clearly so we both know where we are and understand what we are doing - and so I can take legal action later if need be..

Anyone know where I might find a (hopefully free) draft document?? For what it's worth Scottish Law would govern the matter..

Yours aye

Lodger

Comments

  • CLAPTON
    CLAPTON Posts: 41,865
    10,000 Posts Combo Breaker
    Forumite
    why not simply write down what the agreement is?

    how will legal jargon help?
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