The Installment Credit Agreement is a fundamental document used in Danish consumer lending to establish a structured repayment arrangement between a credit provider and a borrower. It is particularly relevant when financing specific purchases or consolidating debt, where the borrowed amount is to be repaid in regular, predetermined installments. The agreement must comply with strict Danish regulatory requirements, including the Danish Credit Agreements Act and EU Consumer Credit Directive, making it suitable for both financial institutions and consumers seeking transparent and legally compliant credit arrangements. This document type is essential for any credit provider operating in Denmark, as it incorporates mandatory consumer protections, clear disclosure requirements, and standardized information about credit terms, while establishing enforceable obligations for both parties.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Installment Credit Agreement
I need an Installment Credit Agreement for a consumer loan of 50,000 DKK to be repaid over 36 months, with monthly payments starting March 2025, including standard consumer protection clauses and early repayment options.
1. Parties: Identification of the credit provider and the borrower, including full legal names, addresses, and registration numbers where applicable
2. Background: Brief context of the credit arrangement and purpose of the loan
3. Definitions: Definitions of key terms used throughout the agreement
4. Credit Amount and Purpose: Details of the total credit amount, purpose of the credit, and any conditions for drawdown
5. Interest Rate and Charges: Specification of interest rate (APR), calculation method, fees, and total cost of credit
6. Repayment Terms: Payment schedule, installment amounts, frequency of payments, and total number of payments
7. Payment Method: Acceptable payment methods and payment processing details
8. Duration and Termination: Term of the agreement, conditions for termination, and early repayment provisions
9. Default and Consequences: Definition of default events, default interest rates, and consequences of missed payments
10. Consumer Rights: Right of withdrawal, early repayment rights, and other statutory consumer protections
11. Data Protection: How personal data will be processed, stored, and protected in compliance with GDPR
12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
1. Security: Details of any collateral or security required for the credit, used when the credit is secured
2. Insurance Requirements: Mandatory insurance requirements if applicable to the credit arrangement
3. Co-signer Provisions: Terms applicable to any co-signers or guarantors of the credit
4. Variable Rate Provisions: Additional terms for variable interest rate arrangements, if applicable
5. Special Drawdown Conditions: For credits with specific drawdown requirements or multiple tranches
6. Electronic Communication: Terms for electronic notices and communications if agreed by parties
7. Debt Collection: Specific terms regarding debt collection procedures if required by the credit provider
1. Payment Schedule: Detailed amortization table showing all payments, including principal and interest breakdown
2. Fee Schedule: Comprehensive list of all applicable fees and charges
3. Standard European Consumer Credit Information: Standardized information sheet required by EU regulations
4. Direct Debit Authorization: Form for setting up automatic payments if applicable
5. Right of Withdrawal Form: Standard form for exercising the right of withdrawal
6. Interest Rate Calculation Method: Detailed explanation of interest calculation methodology
7. Terms and Conditions: General terms and conditions of the credit provider if referenced in main agreement
Authors
Relevant legal definitions
Agreement
Annual Percentage Rate (APR)
Business Day
Credit Amount
Credit Provider
Borrower
Default Event
Default Interest Rate
Due Date
Early Repayment
Effective Date
Event of Default
Fees
Force Majeure
Installment Payment
Interest Period
Interest Rate
Late Payment Fee
Loan Purpose
Material Adverse Change
Payment Date
Payment Schedule
Principal Amount
Repayment Period
Right of Withdrawal
Security
Statement of Account
Term
Total Amount Payable
Total Cost of Credit
Working Day
Notice
Permitted Purpose
Regulatory Authority
Sanctions
Outstanding Balance
Personal Data
Processing Fee
Cooling-off Period
Direct Debit
Annual Percentage Rate (APR)
Business Day
Credit Amount
Credit Provider
Borrower
Default Event
Default Interest Rate
Due Date
Early Repayment
Effective Date
Event of Default
Fees
Force Majeure
Installment Payment
Interest Period
Interest Rate
Late Payment Fee
Loan Purpose
Material Adverse Change
Payment Date
Payment Schedule
Principal Amount
Repayment Period
Right of Withdrawal
Security
Statement of Account
Term
Total Amount Payable
Total Cost of Credit
Working Day
Notice
Permitted Purpose
Regulatory Authority
Sanctions
Outstanding Balance
Personal Data
Processing Fee
Cooling-off Period
Direct Debit
Clauses
Interpretation
Credit Facility
Interest Rate
Fees and Charges
Repayment Terms
Payment Obligations
Security
Representations and Warranties
Borrower Covenants
Events of Default
Remedies
Right of Withdrawal
Early Repayment
Interest Rate Adjustment
Term and Termination
Notices
Assignment
Data Protection
Force Majeure
Amendments
Severability
Entire Agreement
Governing Law
Jurisdiction
Consumer Rights
Default Interest
Information Requirements
Payment Processing
Electronic Communications
Credit Assessment
Documentation Requirements
Cooling-off Period
Complaints Procedure
Credit Facility
Interest Rate
Fees and Charges
Repayment Terms
Payment Obligations
Security
Representations and Warranties
Borrower Covenants
Events of Default
Remedies
Right of Withdrawal
Early Repayment
Interest Rate Adjustment
Term and Termination
Notices
Assignment
Data Protection
Force Majeure
Amendments
Severability
Entire Agreement
Governing Law
Jurisdiction
Consumer Rights
Default Interest
Information Requirements
Payment Processing
Electronic Communications
Credit Assessment
Documentation Requirements
Cooling-off Period
Complaints Procedure
Relevant Industries
Banking
Financial Services
Consumer Finance
Retail Banking
Consumer Lending
Automotive Finance
Home Improvement Finance
Educational Finance
Personal Banking
Alternative Lending
Relevant Teams
Legal
Compliance
Risk Management
Consumer Lending
Retail Banking
Credit Operations
Documentation
Collections
Customer Service
Branch Operations
Product Development
Credit Assessment
Relevant Roles
Credit Officer
Legal Counsel
Compliance Officer
Risk Manager
Consumer Finance Manager
Retail Banking Manager
Credit Risk Analyst
Consumer Protection Officer
Financial Services Director
Lending Operations Manager
Contract Administrator
Credit Collections Manager
Customer Service Manager
Branch Manager
Documentation Specialist
Find the exact document you need
Loan Agreement Between Companies
A Danish law-governed agreement establishing terms and conditions for a corporate loan between two companies, including loan amount, interest, repayment terms, and parties' obligations.
find out more
Cash Loan Simple Loan Agreement
Danish law-governed simple loan agreement template for documenting cash loan transactions, incorporating essential provisions required under Danish financial regulations.
find out more
Generic Loan Agreement
Danish law-governed loan agreement template for documenting lending arrangements with standard financing terms and conditions.
find out more
Standard Loan Agreement
Danish law-governed loan agreement setting out terms, conditions, and obligations for lending arrangements between parties.
find out more
Seller Financing Agreement
A Danish law-governed agreement where the seller provides financing to the buyer for property or asset purchases, detailing payment terms, security, and obligations.
find out more
Loan Agreement Term Sheet
A Danish law term sheet outlining key commercial and legal terms for a proposed loan facility, serving as the basis for the final loan agreement.
find out more
Seller Financing Real Estate Contract
A Danish law-governed agreement combining property sale and seller financing terms, establishing both property transfer and credit arrangement provisions.
find out more
Mezzanine Loan Agreement
Danish law-governed agreement for subordinated debt financing, establishing terms for mezzanine loans including security, covenants, and intercreditor provisions.
find out more
Loan Forbearance Agreement
A Danish law-governed agreement that modifies existing loan terms to provide temporary relief to borrowers through adjusted payment conditions.
find out more
Simple Loan Agreement Between Friends
A Danish law-compliant loan agreement template for formalizing personal lending arrangements between friends, establishing clear terms while maintaining relationship-friendly provisions.
find out more
Common Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a loan arrangement between lender and borrower, including key financial and legal obligations.
find out more
Permanent Loan Agreement
Danish law-governed agreement establishing terms for a permanent loan arrangement, including financial conditions and ongoing obligations.
find out more
Installment Credit Agreement
Danish law-governed credit agreement establishing terms for installment-based borrowing, compliant with Danish and EU consumer credit regulations.
find out more
Project Loan Agreement
Danish law-governed agreement setting out terms and conditions for project-specific loan facilities, including drawdown, repayment, and security arrangements.
find out more
Royalty Loan Agreement
Danish law-governed financing agreement combining traditional loan elements with revenue-based royalty payments for loan repayment.
find out more
Loan Agreement Between Friends
Danish-law compliant loan agreement template for friendly lending arrangements, balancing legal protection with informal relationship dynamics.
find out more
Funding Term Sheet
A preliminary investment agreement outline under Danish law that sets forth the key terms and conditions for a proposed company funding round.
find out more
Bond Loan Agreement
Danish law-governed agreement establishing terms and conditions for bond issuance, including payment terms, security arrangements, and bondholder rights.
find out more
Senior Loan Agreement
Danish law-governed agreement establishing terms and conditions for a senior loan facility between financial institutions and corporate borrowers.
find out more
Online Loan Agreement
Danish law-compliant online loan agreement template with digital execution provisions and regulatory compliance features.
find out more
Interim Loan Agreement
A Danish law-governed agreement establishing terms for temporary financing, including loan amount, interest rates, and repayment conditions.
find out more
Construction Loan Agreement
Danish law-governed agreement establishing terms for construction project financing, including loan terms, construction requirements, and security arrangements.
find out more
Capital Loan Agreement
A Danish law-governed agreement establishing terms and conditions for capital financing between a lender and borrower, including loan amount, interest, repayment, and security provisions.
find out more
Private Mortgage Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a private mortgage loan secured against real property in Denmark.
find out more
Debt Financing Agreement
Danish law-governed agreement establishing terms and conditions for debt financing, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Tool Loan Agreement
A Danish law-compliant agreement governing the temporary loan of tools or equipment, establishing terms for usage, maintenance, and return.
find out more
Stock Loan Agreement
Danish law-governed agreement establishing terms for securities lending transactions between parties, including collateral arrangements and regulatory compliance requirements.
find out more
Commercial Loan Agreement
Danish law-governed agreement establishing terms for a commercial loan between a lender and business borrower, including loan terms, security, and enforcement provisions.
find out more
Corporate Loan Agreement
Danish law-governed agreement setting out terms for corporate borrowing from financial institutions, including loan terms, security, and compliance requirements.
find out more
Non Recourse Loan Agreement
Danish law-governed loan agreement limiting the lender's recovery rights to specific collateral assets only.
find out more
Vendor Loan Agreement
A Danish law-governed agreement where a seller provides financing to a buyer for part of a purchase price, setting out loan terms and security arrangements.
find out more
No Interest Loan Agreement
Danish law-governed agreement for an interest-free loan, detailing principal amount and repayment terms while ensuring compliance with Danish contract law.
find out more
House Loan Agreement
Danish law-governed agreement establishing terms and conditions for a property loan between a financial institution and borrower, incorporating Danish banking and consumer protection requirements.
find out more
Secured Loan Agreement
A Danish law-governed agreement establishing terms for a secured loan facility, including security arrangements and enforcement rights under Danish law.
find out more
Intra Group Loan Agreement
Danish law-governed loan agreement between related group entities, setting out terms for intra-group financing in compliance with Danish legal requirements.
find out more
Subordinate Loan Agreement
Danish law governed agreement establishing terms for subordinated debt financing, including subordination provisions and regulatory compliance requirements.
find out more
Term Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a fixed-term loan facility between lender and borrower, incorporating Danish financial regulations and market practices.
find out more
Loan Master Agreement
A Danish law-governed master agreement establishing the framework for lending arrangements between financial institutions and borrowers, including key terms and regulatory compliance requirements.
find out more
Loan With Collateral Agreement
A Danish law-governed agreement establishing terms for a secured loan, including collateral arrangements and enforcement rights.
find out more
Credit Loan Agreement
A Danish law-governed agreement establishing terms for credit provision between lender and borrower, compliant with Danish financial regulations and EU directives.
find out more
Business Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a business loan between a financial institution and a business borrower.
find out more
Seller Financing Contract
A Danish law-governed agreement where the seller provides financing for the buyer's property purchase, combining sale and loan terms.
find out more
Owner Finance Contract
Danish law agreement for property purchase with seller-provided financing, combining property transfer and loan terms.
find out more
Loan Assumption Agreement
A Danish law agreement transferring loan obligations from an original borrower to a new borrower, with lender's consent and in compliance with Danish financial regulations.
find out more
Loan Agreement Contract
A Danish law-governed agreement setting out terms and conditions for a loan between lender and borrower, including loan amount, interest, repayment terms, and parties' rights and obligations.
find out more
Intercompany Loan Agreement
Danish law-governed agreement setting out terms for loans between related companies within the same corporate group, including financial terms and regulatory compliance requirements.
find out more
Equipment Loan Agreement
Danish law-governed agreement establishing terms and conditions for temporary equipment loans, including maintenance, liability, and return requirements.
find out more
Car Loan Agreement
A Danish law-governed agreement setting out terms and conditions for vehicle financing, including loan details, security interests, and borrower obligations.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.