Q:

Where can one find an online promissory note sample?

A:

Quick Answer

Creditcards.com offers a sample promissory note that can be downloaded and printed, but the user must write in information such as names, dates and amounts. Other sites, such as Rocket Lawyer and LawDepot, provide a brief interview process and, when printed, the promissory note is complete.

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Full Answer

Formswift also provides a detailed explanation of what a promissory note is and six components it should contain to be legally enforceable. These components are the words "promissory note"; identification of both the lender and borrower, the terms, including amount borrowed, interest rate and terms of repayment, penalties for failure to repay, a security agreement, if the note is secured, and signatures of all parties, dated and notarized.

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