Loan Promissory Note – 10+ Free Word, Excel, PDF Format Download

A loan promissory note is a written document containing an agreement between a borrower and a lender. The borrower approaches the lender in question. The lender uses a word, excel or pdf blank promissory note to outline the terms and conditions of the service and issues a copy to the borrower. If the borrower agrees to the terms and conditions of service, the lender will issue the loan.

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When the day to repay the loan comes, the borrower should ensure they make a quick payment. According to the agreement a default on repayment will lead to consequences that the borrower will obviously not like. It would be best if you made early repayments to avoid unnecessary inconveniences and promissory note.

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by Linda Blair

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