This is the amount owed at the time of writing this Agreement. If the Debtor is repaying a discounted amount, it can be entered later.
Vehicle Identification Number (VIN) is comprised of 17-characters.
It is common to include a discounted amount as an incentive if the Debtor makes all their payments on time. If the Debtor fails to make any of the payments on time, the balance will be the original amount (less any payments made).
Such as the Debtor being required to pay via direct (ACH).
A Co-Signer, also known as a "Guarantor", allows someone else to be liable in case the Debtor does not pay. The Co-Signer would have the same liability and obligation to pay as the Debtor.
The date this Agreement is written. Usually today's date.
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