A Loan Contract is an agreement between a borrower and lender. In the loan contract, the borrower promises to pay back a loan to the lender according to a specified repayment schedule. A loan contract protects the lender because it legally enforces the borrower to repay the loan. On the other hand, a loan contract is also useful to a borrower since it spells out the details of the loan records. Our website offers you plenty of loan contract templates, such as Loan Contract Template and Personal Loan Agreement.