What information should a loan contract have?

If you have never requested a loan, it is normal that you do not know what date a loan contract should have. But before making such a contract, you need to read and know the whole truth about its operation, so you don’t get any surprises.

Loan contract: data you must have

Loan contract: data you must have

You will surely have seen our Loans section and are interested in hiring any of the financial products we offer. Of course, the best thing is that before hiring a loan you check the date that it must have.

Because although at Good Finance we take care of everything for you so you don’t waste time on paperwork and other paperwork, it’s not always that simple. Let’s know what a loan contract should have:

  • Identification: First of all it is essential that the identification of both parties exists. That is the lender and the borrower.
  • Loan amount: the amount requested.
  • Return form: way in which the money will be returned.
  • Interest: It is essential that the interest payable be named.
  • Place, date and signature: these data must coexist in order for the loan agreement to be completely valid.

A loan contract must have all these sections throughout it. The most common is to resort to models, so you will see that these types of contracts tend to be similar. Of course, the most important thing is to read it well.

What to consider?

What to consider?

Make sure that the date that is reflected in the loan agreement is correct to avoid any future problems.

But you should not only check that your date is well written, but that the conditions are those previously spoken. Keep in mind that what is signed in the contract is what is valid, regardless of what has been said by word, so you should read it very well.

When in doubt you can always put it in the hands of a lawyer, to give you your opinion on it and inform you if there is any strange condition or clause that should not be. It is very important that you look at everything well before signing.

Should a contract between individuals also be made?

Should a contract between individuals also be made?

Of course! The best thing is that whenever there is a money loan everything is reflected in a written contract signed by both parties. The words are blown away, so whether you are lending or borrowing make sure the contract exists and is valid.

Apply for a personal loan securely with Good Finance

Apply for a personal loan securely with Good Finance

If you need extra money, you can always request it from Good Finance . We offer you up to 50,000 euros to return in comfortable installments. In addition, the higher your FinScore the less you will have to return, since we will offer you better conditions.

You can take a look and start the simulation from the loan website or through the Good Finance app. This way you won’t have to worry about anything, because we don’t like the fine print and we are 100% transparent. We will do everything without paperwork, fast and easy for you.

So if you ever need extra money, all is not lost. In Good Finance you will find that help you are looking to cover any hole or deal with any unforeseen.

We hope that this information about what a loan contract date should have been very useful for you. If you have any questions or problems remember that you can ask us in the comments so we can help you.