Loan Agreement Promissory Note To A “T”.

When you were a child – did you ever write on little pieces of paper to your friend(s) that IOU just out of fun for maybe something they gave you in a time of need or even a want? Well that is exactly what a loan agreement promissory note is – a REAL IOU. It is legally binding and definitely not as friendly as the note you slipped a friend and could possibly renege on to a later date. If you sign this agreement do know that it money you have to pay back by the terms outlined in the note. It will list the amount and the due date(s) and it is to your advantage to follow it to a “T”. More info: Loan agreement promissory note

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