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    Promissory Note for Interest Only | USA

    $2.29

    Secure the repayment of a loan with this USA Promissory Note for Interest Only.

    • This form of Note allows the borrower to make payments against interest only, with no principal to be repaid until the date specified in the Note.
    • Interest payments are made in arrears, at regularly scheduled dates.
    • Principal may be repaid at any time without a penalty (fee) being charged.
    • This USA Promissory Note for Interest Only template is in MS Word format, and can be edited as necessary to include all the specifics of your transaction.
    Download Type: Microsoft Word
    Last Updated: 18-April-2021
    SKU: 6524
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    USA Demand Promissory Note

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    Before you lend someone money, even if it's someone you know really well, you should have them sign a promissory note - like this downloadable Demand Promissory Note form.

    • This is a simple form of Note that can be used throughout the United States.
    • The note is payable on demand.
    • The debt can be prepaid at any time without any prepayment penalty being charged.
    • Simple interest is charged on the outstanding balance.

    A Promissory Note is exactly what it sounds like - a promise to pay - and it's enforceable in court. Download the form right after you purchase it.

    Picture of USA Installment Note with Prepayment Fee

    USA Installment Note with Prepayment Fee

    $12.49

    This form of Installment Promissory Note provides for fixed non-variable payments and a prepayment fee if the loan is paid out early.

    • This legal form template can be used anywhere in the United States.
    • The Note is secured by collateral belonging to the borrower.
    • The borrower promises to repay the debt by a series of regular fixed installment payments.
    • If the borrower elects to pay the debt earlier than the due date, the lender will charge a prepayment premium (fee).
    • The Note contains an acceleration clause. If the borrower defaults in making a payment when it is due or becomes bankrupt or insolvent, the entire balance together with interest becomes immediately due and payable.

    As a lender, your loan paperwork can be much easier to prepare if you download this USA Installment Note template. Add it to your cart and check out.

    Picture of Plain Language Promissory Note | USA

    Plain Language Promissory Note | USA

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