How to write an IOU to borrow something

Personal IOUs for borrowing include:

1, the full legal names of the borrower and the lender;

2, the amount of money borrowed, including upper and lower case amounts;

3, the time period of the borrowing, including the start and end of the borrowing of the month and year and a clear period of borrowing;

4, a specific month and year for repayment;

5, interest on the borrowing of money. There should be a clear annual or monthly interest rate, the final total amount of interest payable on the loan (including upper and lower case amounts) and other agreements;

6, the borrowed principal and interest repayment of the month and year time and payment method;

7, should be the borrower's own personal signature, handprints, or handwritten signature.

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