In practice, many people have disputes because the IOU is not written clearly, or there is insufficient evidence to prove that they are justified, but they cannot get back the money they borrowed. The following will tell you how to write a standardized IOU from the perspective of an IOU.

A standardized IOU should have the following contents:

1. The full legal names of the borrower and the lender should be written clearly;

2. The purpose of the loan should be written clearly Amount, including the amount in uppercase and lowercase letters;

3. The loan time period should be written clearly, including the start and end date of the loan and the clear loan period;

4. The loan period should be written clearly The specific year, month and day for repayment and interest;

5. The interest on the loan should be written clearly, with a clear annual interest rate or monthly interest rate, and the final total amount of loan interest payable (including uppercase and lowercase amounts) etc.;

6. The year, month, day, time and method of payment for the repayment of the principal and interest of the loan should be clearly written;

7. The borrower should have his or her signature, fingerprint or handwriting.

8. Write down the legal purpose

9. The most important point is to let the borrower indicate when the money was received (cash or transfer). Then the transfer slip or the withdrawal slip from the source of the cash must be kept together with the IOU. Because private loans are established and effective from the date of payment of the loan. It is best to have a guarantor or collateral

The perfect IOU template is like this ↓↓↓↓

IOU

Borrower’s name:

ID card number: (Attach a copy of ID card)

Address:

Mobile phone number:

Lender’s name: [①]

1. The borrower hereby borrows RMB (in capital letters: ) from the lender, [②] for a period of one month, from day, month, day to day, year, month, with interest per month. [③][④] If the borrower fails to repay the loan overdue, he will pay a penalty of 3‰ per day for non-repayment, and bear all the lender's corresponding litigation fees, attorney fees, travel expenses and other rights protection expenses. [⑤]

2. The place of performance of this loan is , and any disputes between the two parties in the future will be under the jurisdiction of the court. [⑥]

3. The borrower uses the following properties as collateral for the principal and interest of the loan and related liability for breach of contract:.

4. The guarantor (ID number:, address:, with a copy of ID card attached) assumes joint and several liability for the borrower’s above-mentioned debts.

5. Other matters:

Borrower’s signature: [⑦]

Guarantor’s signature:

Lender:

20th year, month and day

[①] Note 1 The name on the ID card must be written, and nicknames, nicknames, etc. cannot be written. Be sure to keep a copy of the other party’s ID card, otherwise in the event of a lawsuit, you will not know which court to file the lawsuit in. In addition, the court may not accept the case without a copy of the defendant’s ID card.

[②] Note 2: The amount must be written clearly in both uppercase and lowercase letters to prevent tampering.

[③] Note 4 You don’t have to write the return date. In fact, not writing it is more beneficial to the creditor. If a date is written, remember that the lawsuit must be filed within two years, otherwise the statute of limitations will expire and the IOU will be a blank piece of paper.

[④] Note 3: For large-amount loans, remember to remit money through a bank. Generally speaking, if the amount exceeds 50,000 yuan, the court will require a bank transfer certificate.

[⑤] Note 5: It is agreed that the lawyer fees and travel expenses will be borne by the other party, which is legally valid. When the time comes, you will directly hand over the IOU to the lawyer, and the lawyer will litigate for you, and the other party will pay. Why bother? Not for that.

[⑥] Note 6: Agreement on jurisdiction is very important and most people will ignore it. It can bring you great convenience, otherwise you would have to travel all over the country to collect debts, and the cost of litigation would be too high.

[⑦] Note 7 The entire IOU is best written by the borrower himself, must be signed by himself, and must be signed by you in person, preferably with a fingerprint.