Since it is a supplement, it is more beneficial for creditors to write the current date, but the original loan date can also be written, and it is best to indicate that the loan is a supplement. Therefore, how to write the loan date is actually very simple.

An IOU is a written document indicating the relationship between creditor's rights and debts, which is generally written and signed by the debtor, indicating that the debtor has owed the creditor the amount indicated in the IOU.

Extended data

In private lending, there are two controversial times: repayment time and writing time.

The repayment time is the time when the creditor and the debtor agree to repay the principal and interest. In reality, people often ignore this agreement or fail to make a clear agreement. The most common expression is repayment after a certain period of time, such as repayment after one year. "One year later" is literally a time period, not a time point.

Repayment after two, three or more years can be understood as "repayment after one year". Although there are certain interpretation rules in law, this writing method increases the uncertainty of realizing creditor's rights after all. The uncertainty of repayment time also easily leads to the dispute of limitation of action in practice. Therefore, when agreeing on the repayment time, it is best to specify the year, month and day.

The formation time of IOUs is usually the time when debtors write IOUs. The appointment of this time should also be specific to the year, month and day. In practice, the debtor often writes this date intentionally or unintentionally, or only writes a part of the year, month and day. If the debtor only states June 25th. Although both creditors and debtors are very clear when writing IOUs at this time.

However, with the passage of time, there will inevitably be disputes about the formation time of IOUs. However, the ambiguity of the formation time of IOUs may bring difficulties to the calculation of the limitation of action. Creditors may have to face the legal problem of whether the IOU exceeds the limitation of action. Although it is possible to determine the formation time of documents through physical evidence identification, it is not absolutely reliable and will increase the cost of the parties.

If there is no agreed repayment period, the borrower can return it at any time, and the lender can demand it at any time.

Reference source: Baidu Encyclopedia: IOUs