A personal loan agreement outlines the terms under which one individual lends money to another; holding both parties legally accountable. When one person is willing to lend money to another person, a ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

U.S. Bank lets customers borrow up to $1,000 in $100 increments with its Simple Loan. The lender charges a $6 fee for every $100 borrowed, and the loan is paid back in three monthly payments. A Simple ...

A simple interest loan calculates the interest based only on the principal you owe. It stands in contrast to a compound interest loan, which calculates interest based on principal and any outstanding ...