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FREQUENTLY ASKED QUESTIONS FOR

UNSECURED PROMISSORY NOTE (LUMP SUM PAYMENT OF PRINCIPAL)



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Did you know that if you don't clearly set forth all the terms of the loan, including an interest rate and repayment term, your promissory note could be invalid or interpreted differently than what you had intended? Our online interface and loan calculator ask you about these terms so you don't make a mistake!






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FAQ QUICKLINKS

What Is A Promissory Note?
What Are Some Useful Definitions To Know?
What If There Are Two Lenders or Borrowers?
How Do I Prepare An Unsecured Promissory Note?
What Different Ways Can A Borrower Repay A Loan?
What Basic Loan Terms Should I Understand?
What Other Terms May Be Added To A Promissory Note?
What Is A Prepayment Penalty? How Does It Work?
What Is Usury?
Things to Consider
 
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