Free Personal Loan Contract Template

Lending money to a relative or friend is considered a private loan in Germany. Usually, you don't draft a personal loan agreement when lending money to family or friends. However, it's highly recommended that you draft one.

A personal loan contract gives you the legal standing to demand your relative repay the loan. Without a contract, you can't claim your money in court if the borrower doesn't pay.

You can use our free personal loan agreement template when lending money to family or friends.

You can learn more about the personal loan contract in Germany here.

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Disclaimer: We are not professionals or lawyers. Always consult a professional or a lawyer when drafting or using a legal document.