Credit Sale Agreement

A credit sale agreement is a document drafted when a consumer buys a product on credit. The consumer pays the purchase amount in monthly installments. A credit sale agreement mentions details like the price of the product and the significant fees that the buyer has to pay.

Sample Credit Sale Agreement

This credit sale agreement is being made on the date of 12th of March 2011 between Nicole Woo whose registered office is at 18 Niger Lee Road, North Dakota Los Angeles 5214 and Nathan Lee whose office address is at 87 Kendall High Street, New York, North Dakota 8914 as Nathan Lee is purchasing one ton of cotton materials from Nicole Woo.

As per the agreement:

  1. Nathan Lee has to pay 10% of the purchase price as down payment before the agreement date.
  2. He has to pay the rest of the amount in ten equal monthly installments. The installment amount has to be paid be on 1st of every month.
  3. The goods will be delivered by Nicole Woo to the office address of Nathan Lee.

In agreement to the above terms and conditions, both the buyer and the seller have put their signature below:

Signature of buyer: Signature of seller:

Nathan Lee                                                                                 Nicole Woo

Category: Sales Agreements

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