Sign the document Without signing, the agreement will be really difficult to implement. Print the names of the lender and borrower under the declaration of the agreement. Leave room for both to sign the agreement. For the most part, a loan agreement and a debt instrument have the same purpose as the two written agreements for loans, but a loan agreement usually involves more formalities and is more detailed than a debt certificate. In the event that the borrower is late in the loan, the borrower is responsible for all costs, including any attorney`s fees. Under no circumstances is the borrower always responsible for the payment of the principal and interest in case of delay. It is enough to enter the State in which the loan was contracted.. . .