A promissory note is a legal document that allows companies and also individuals to get financing from a source other than a bank. Thankfully, here in the U.S. banks don't have a monopoly on lending, you can legally loan some one money with...英国华人论坛
A promissory contract is a note written down that theborrower will pay a fixed sum of money to the lender, on the specified day, aswell the percentage of the principal amount from the primary fixed sum ofamount, plus any other declaration wr...英国华人论坛
The promissory note has changed very little over time. A promissory note is basically a simple type of agreement. Or at least, it should be in most cases. The idea still remains the same, which is: one party makes a written oath to repay a d...英国华人论坛
Typically a promissory installment note includes the terms of the loan, the amount of the loan, what the loan is actually for, the rate of interest, late payment fees, the frequency and amount of installments, etc. However, the law will upho...英国华人论坛
When you borrow an amount of money and pledge to pay it back then you've created an oral and binding legal obligation. In most cases it's formalized in writing spelling out in detail the terms of payment. Such a legal document is generally k...英国华人论坛