LenderLegacy Funding Finance LLC
BorrowerJane Doe
Loan amount$10,000
Interest rate8.5% per annum
Term24 months
Repayment24 monthly instalments
Agreement date10 November 2026
1. Loan and purpose
Legacy Funding agrees to lend the amount shown above to the borrower for the stated personal or business purpose. The funds are paid to the bank account the borrower provides.
2. Interest and fees
Interest is charged at the rate shown above on the outstanding balance. Any origination or admin fee is disclosed before signing and is deducted or added as stated.
3. Repayment
The borrower repays the loan in equal monthly instalments by the due date shown in the repayment schedule, using card, transfer or direct debit.
4. Late or missed payments
If a payment is more than 5 days late, a late fee of 2% of the missed instalment applies. Please contact us early if you expect difficulty paying.
5. Early repayment
The borrower may repay all or part of the loan early at any time with no early repayment penalty. Interest stops accruing on the amount repaid.
6. Credit checks and your data
With the borrower's consent, Legacy Funding may run credit checks and will store and process personal data securely in line with applicable data protection law.
7. Default
If the borrower misses three consecutive payments, the loan may be treated as in default and the full outstanding balance may become due after written notice.
8. Governing law
This agreement is governed by U.S. federal law and the laws of the state where the borrower lives. Any dispute will first be handled through our complaints process.