Lending to Family: Plain-Language Agreement Templates for Loaning Money to Relatives

Loaning money to a family member is one of the few major financial decisions people make with no paperwork at all. That informality is exactly what causes confusion and resentment later, when memories of the original terms start to differ.

This isn't a legal contract, and for large amounts you should still involve an attorney. It's a plain-language way to agree on and track terms: a loan terms worksheet, a repayment schedule tracker, a communication log, a missed payment follow-up log, and a loan closure confirmation sheet.

A loan between family members survives best when both people agreed to the same terms in writing, before the money changes hands, not after.

This is an instant PDF download you can read on any device or print at home for easy reference, easy to print so both parties can keep their own copy of the agreed terms.

Part of the Hard Things Made Simple: Money & Debt series.