If you borrow or lend money, a promissory note sets the terms and details of your loan. Though it might seem like another boring document to be skimmed quickly, it's a key component of loans with very ...

A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate. The lender ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Lindsay VanSomeren is a personal ...

A Master Promissory Note (MPN) is an agreement between you and the government to repay your debt. You agree to only use loan funds for authorized academic expenses when you sign an MPN. If you fail to ...

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 ...

Benjamin N. Feder, associate, Katten Muchin Zavis Rosenman, Chicago, Ill. A common estate planning strategy is the sale of assets to a defective grantor trust. Generally speaking, the grantor ...