Promissory note and loans between individuals
If you lend money without an agreement, you risk never getting it back. With Contractik you create a loan agreement between private individuals on your phone. Enter the amount, interest and term, and the app calculates the monthly payment.
Suitable for
- Loans to friends, family and other private individuals
- Loans with or without interest, and with or without security
What the agreement contains
- Lender and borrower: name, personal identity number, address, phone and email
- Loan amount, fixed interest rate and repayment period
- Monthly payment, payment interval and first payment date
- Security and default interest
- Account and bank for the payments
- Other terms and agreements
- General terms (see below)
- Signatures of both parties
Monthly payment and surety
The app automatically calculates the exact monthly payment. If a guarantor is needed, a surety agreement can be created linked to the loan, with the details already filled in.
Sign in person or remotely
Both sign directly on the phone, send a signing link by email, or print the agreement and sign on paper. Someone who receives a link does not need the app.
General terms included+
These are the terms included in the Contractik agreement. "Above" refers to the details you fill in in the agreement.
- The loan amount and interest are according to the agreement.
- Interest is fixed during the loan period.
- Amortization according to the agreed plan.
- Late payment incurs default interest of 8% above the reference rate.
- The borrower is responsible for their own credit assessment.
- The borrower has the right to repay the entire loan early without additional fee.
- Security may be provided for larger amounts.
- The agreement is personal and non-transferable.
- In the event of death, the debt is settled in the estate inventory.
- The lender provides no credit insurance.
- The agreement is governed by Swedish law.
Looking for a free template?
Contractik is not a PDF template that you download and fill in by hand. You fill in the details in the app and get a finished, signed agreement as a PDF. Try it free for 14 days.