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The Peer to Peer Loan Agreement serves as a crucial document in the growing alternative finance sector, particularly relevant in England and Wales where P2P lending is regulated by the FCA. This agreement is essential when individuals or entities wish to engage in direct lending without traditional banking intermediaries. The document outlines loan terms, repayment schedules, interest calculations, and default provisions while ensuring compliance with relevant financial regulations and consumer protection laws. It's particularly important for protecting both lenders' and borrowers' interests in increasingly popular P2P lending platforms.

1. Parties: Details of the lender and borrower including full legal names and addresses

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

3. Definitions: Key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount and its intended use

5. Interest Rate and Calculations: Details of interest rate, calculation method and payment schedule

6. Repayment Terms: Schedule and method of repayment, including early repayment provisions

7. Default Provisions: Consequences of default and remedies available

8. Representations and Warranties: Standard declarations by both parties

9. Governing Law: Specification of English and Welsh law as governing law