Personal Promissory Note Form. A promissory note, or "promise to pay", is a note that details money borrowed from a lender and the repayment structure. An IOU on the other hand, only acknowledges that money is owed, but makes no promises on how.
Whether you need a loan for personal reasons or a loan for business reasons, we have a vast selection of top quality promissory notes of all types.
Designed to be used when entering into a loan or repayment arrangement to provide additional security in the form of a personal obligation.
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A promissory note is a basic lending document that can be used in many business and personal situations. A promissory note can also be used in less formal situations, such as when you lend money to a friend, family member or business partner, in order to make the loan official. Though people avoid legal writings when seeking a loan from close Printed/Written Agreement - A promissory should be in writing, and an oral promise to pay money is not accepted.
