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Fixed Sum Loan Agreement regulated by the Consumer Credit Act 1974 CreditorName: Phoenix Renewables Limited trading as EggThe CustomerAddress: Griffin House, 161 Hammersmith Road, London, W6 8BS Name(s):
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How to fill out fixed sum loan agreement

01
Obtain a fixed sum loan agreement template or consult a legal professional to draft one for you.
02
Fill out the parties involved, including names and contact information.
03
Specify the loan amount and the terms of repayment, including the interest rate and schedule.
04
Outline any collateral or guarantees that are being provided for the loan.
05
Include any additional clauses or conditions that both parties agree upon.
06
Sign and date the agreement, and have all parties involved do the same.
07
Keep a copy of the agreement for your records.

Who needs fixed sum loan agreement?

01
Individuals looking to borrow a fixed amount of money from a lender.
02
Businesses seeking financing for a specific project or investment.
03
Financial institutions or lenders providing fixed sum loans to borrowers.
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A fixed sum loan agreement is a contract between a lender and a borrower where a specific amount of money is borrowed and must be repaid with interest in fixed installments over a set period of time.
Both the lender and the borrower are required to file a fixed sum loan agreement.
To fill out a fixed sum loan agreement, both the lender and the borrower must provide all required information including the loan amount, interest rate, repayment terms, and any collateral involved.
The purpose of a fixed sum loan agreement is to establish the terms and conditions of a loan to ensure that the borrower understands their obligations and the lender is protected.
The fixed sum loan agreement must include details about the loan amount, interest rate, repayment schedule, any collateral provided, and the contact information of both parties.
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