Online Payment Plan Agreement Form

Do you need a legally binding payment plan agreement? You can make it online with a free form builder, forms.app. Being online doesn't mean the agreement isn't legal. You can create your online form without worry. You can use the payment plan agreement form template by clicking the "use template" button below.

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Online Payment Plan Agreement Form

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What is a payment plan agreement form?

A payment plan agreement form is an online document made between a lender and a borrower to divide debt into installments. Usually, when there is a large amount, this amount is divided into small parts to facilitate the debtor's payment.

Creating your own payment plan agreement form

You will hardly find a better place to create your own form and share it than forms.app because forms.app offers you many customization options. After you open the edit page, you build your form at each step. Below you can see these build steps:

  1. After using the payment plan agreement form template, you will be directed to the Edit page. You can add, move or delete form fields here.
  2. Design your form. Make a plain form design since it is a legal document.
  3. Adjust the settings.
  4. Share your form. You can choose from many sharing options: Sharing it on your website, social media, or via e-mail. 

What should a payment plan agreement form include?

After starting quickly with the template offered by forms.app, you can change your form according to the type of payment. Also, don't forget to edit the fields that must be added or subtracted according to your country's laws. Generally, a payment plan agreement form should contain:

  • Names and addresses of both lender and borrower
  • The payment amount and interest amount
  • Repayment deadline and payment method
  • An area for the signatures of both parties
  • Payment schedule

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As a powerful form builder, forms.app provides all of the necessary fields and allows you to ask questions in any way you want. For instance, you can provide your respondents with pre-given given responses with selection fields or get detailed responses by asking open-ended questions.

To create your own form, you need a form creator tool, like forms.app here. With its easy-to-use interface, robust features, and evaluation form examples, forms.app allows you to create your own review forms without any coding. All you have to do is sign in to your account and follow the steps below:

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