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Monthly (Recurring) Payment Plan Agreement Template

Alina Vinogradova February 12, 2021 Agreement

Recurring payments are ideal for contracts which outline that your client need paying a predetermined amount in monthly basis, like those that comprise a retainer or perhaps a subscription program.

Monthly Recurring Payment Plan Agreement Form Template Word

This payment agreement will automatically charge your client on your specified date every month. Therefore you do not need to mess around to regularly invoice, since it`s helping you save time, also providing that you amass payments faster and much more efficiently.

What is Monthly (Recurring) Payment Plan Agreement?

A monthly payment plan agreement is to get just about any recurring setup that`s generated by means of a borrower to a party/individual that`s owed money. After signing the agreement and consent by both parties, then the obligations will begin to applies and then persist until the close of the period. When there`s interest amassing on the sum owed, it can`t be inflated than the sum determined by the state`s Usury Rate.

Other Related Form

As a way to establish automatic payments having a debt or to undertaking payments on monthly procedure, you are going to fill out a Charge / Bank (ACH) Referral Form.

 

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Size: 22 KB

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