Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

Small businesses frequently borrow money, or extend credit, in the course of their operations. A promissory note is the document that sets forth the terms of a loan's repayment. A promissory note can ...

Q: Is a promissory note better than a land installment contract? A: A land installment contract is a procedure whereby the property owner enters into a contract with a potential buyer. The buyer ...

A promissory note, also called a “pro note”, “p note” or simply “note”, is a type of fixed-income debt instrument, similar to a bond, loan or even an IOU, in which one party, known as the issuer, ...

Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a banking consultant, loan signing agent, and arbitrator with more than 15 years of experience ...

Cash might be considered king, but it isn’t realistic to pay cash for every purchase in your life, such as buying a home or car or paying for a large renovation project. Those are all instances when ...