English, asked by bikash2168, 1 month ago

How to write a premissory note

Answers

Answered by vcreation0001
0

Answer:

here is the answer

Explanation:

At its most basic, a promissory note should include the following things:

1. Date.

2. Name of the lender and borrower.

3. Loan amount.

4. Whether the loan is secured or unsecured. If it's secured with collateral: What is the collateral? ...

5. Payment amount and frequency.

6. Payment due date.

7. Whether the loan has a cosigner, and if so, who.

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