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The Peer To Peer Loan Agreement is essential for formalizing private lending arrangements between individuals in Belgium. This document becomes necessary when individuals wish to establish a legally binding lending relationship outside traditional banking channels. It must comply with Belgian civil code requirements, financial regulations, and consumer protection laws. The agreement typically includes detailed loan terms, interest calculations (subject to Belgian usury limits), repayment schedules, default provisions, and data protection clauses. It's particularly relevant in today's growing alternative finance market, where direct lending between individuals has become more common. The document serves both to protect the parties' interests and to ensure regulatory compliance, particularly with Belgian financial services laws and anti-money laundering regulations.

1. Parties: Identification of the Lender and Borrower with full legal names and addresses

2. Background: Context of the loan agreement and relationship between parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount, currency, and intended purpose

5. Interest Rate: Details of the applicable interest rate, calculation method, and compliance with Belgian usury laws

6. Repayment Terms: Schedule of repayments, payment methods, and early repayment provisions

7. Representations and Warranties: Statements of fact and assurances from both parties

8. Events of Default: Circumstances constituting default and consequences

9. Notices: Methods and addresses for formal communications between parties

10. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction

11. Data Protection: GDPR compliance provisions and data handling requirements