The easy way to borrow money against your assets.

Can be used to document the terms and conditions of a loan.

The Socrates Consumer Loan Agreement provides you with a concise legal document that sets out all the terms and conditions of your loan in a manner that’s understandable and acceptable to you and your lender. It can be adapted to fit your specific situation, including:

• amount to be borrowed
• agreed upon interest rate
• payment terms and schedules
• prepayment option
• late charges
• collateral placed as security for the loan
• default terms
• lender’s right to offset if loan becomes past due
• collection fees

With this Consumer Loan Agreement from Socrates, you have the know-how to borrow money with confidence, knowing that both you and your lender are protected and satisfied with the terms.

All contents reviewed and approved by attorneys.