This form is a Promissory Note. The borrower promises to repay the lender, with interest, on a particular loan. The payments will be made in monthly installments and there is no penalty for pre-payment of the loan.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Absolutely! Negotiating is part of the game. You can discuss interest rates, repayment terms, and any other details to make sure it fits your needs like a glove.
Look for clear terms regarding the interest rate, payment schedule, and what happens if payments aren’t made. It’s like having a safety net to catch any unexpected falls down the road.
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