A witness is an alternative to the notarial deed if you do not have access to a notary. Whenever possible, you should always try to include both. Once you have the information about the people involved in the credit agreement, you need to describe the particularities surrounding the loan, including transaction information, payment information, and interest rate information. In the transaction section, you indicate the exact amount due to the lender as soon as the contract has been executed. The amount does not include interest incurred during the term of the loan. They also describe in detail what the borrower receives in return for this amount of money he promises to pay to the lender. In the Payment section, you describe how the credit amount is repaid, the frequency of payments (for example.B. monthly payments due on request, a flat rate, etc.) and information on acceptable payment methods (e.g. .