A promissory note is the contract between you and your lender that sets the terms of the loan you are taking. It is very important that you carefully read through each promissory note before you sign ...

At some point in the life of your business, you will likely need to borrow money -- particularly if you need to buy new equipment or inventory. Loans from banks or other institutional lenders are ...

When you take out a mortgage, or any other kind of loan, the law requires you to sign a document that signifies your agreement to repay the money. The promissory note represents a binding legal ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

A Master Promissory Note (MPN) is an agreement between you and the government to repay your debt. You agree to only use loan funds for authorized academic expenses when you sign an MPN. If you fail to ...

Deciding on the college or university of your choice and enrolling in that institution can be an exciting time, but it can also feel overwhelming with so much to plan and do before your first semester ...

Text Callout : Key Takeaways - What Is a Promissory Note? Whether you're borrowing money from a financial institution or someone you know, a promissory note serves as a formal lending document.