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Execution VersionLoAn CURTAILMENT AGREEMENT Dated as of January 31, 2014, by and among RIVERS ELECTRIC Corporation, ENERGY Corp. century ALUMINUM DEGREE KENTUCKY PUBLIC SERVICE COMMISSION JEFF R.

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How to fill out loan curtailment agreement

01

Step 1: Start by obtaining a copy of the loan curtailment agreement form from your lender or financial institution.

02

Step 2: Carefully read and understand all the terms and conditions mentioned in the agreement.

03

Step 3: Fill in your personal information, such as name, address, contact details, and social security number, as required in the form.

04

Step 4: Provide details about the loan for which you are requesting curtailment, including the loan account number and the outstanding balance.

05

Step 5: Indicate the curtailment amount you wish to pay and the date on which you intend to make the payment.

06

Step 6: Review the entire agreement and ensure all the information provided is accurate.

07

Step 7: Sign the loan curtailment agreement form and keep a copy for your records.

08

Step 8: Submit the filled-out agreement form to your lender or financial institution either in person, by mail, or through any other specified method.

09

Step 9: Wait for a confirmation or acknowledgment from the lender regarding the acceptance of your curtailment request.

Who needs loan curtailment agreement?

01

Individuals who have taken a loan and intend to make an early or extra payment towards reducing the outstanding balance can benefit from a loan curtailment agreement.

02

Borrowers who want to pay off their loan faster and save on interest costs may need to fill out a loan curtailment agreement.

03

Financial institutions and lenders often require the completion of a loan curtailment agreement to ensure proper documentation and record-keeping when borrowers make additional payments or pay off the loan before the original term ends.

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What is loan curtailment agreement?

A loan curtailment agreement is a document that outlines the terms and conditions of reducing the outstanding balance on a loan.

Who is required to file loan curtailment agreement?

The lender and borrower are required to file a loan curtailment agreement.

How to fill out loan curtailment agreement?

To fill out a loan curtailment agreement, both parties need to provide information about the loan, the amount being curtailed, and the new terms of repayment.

What is the purpose of loan curtailment agreement?

The purpose of a loan curtailment agreement is to formalize a reduction in the outstanding balance on a loan.

What information must be reported on loan curtailment agreement?

The loan curtailment agreement must include details about the loan, the curtailed amount, the new balance, and the revised repayment terms.

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