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About this document

Personal Loan Promissory Note Sample by Irene Quimson is a document available to read on EtoBox.

This promissory note details a loan of PHP 200,000 from a lender to a borrower, to be paid back in full by December 30, 2023 along with monthly interest payments of PHP 8,100. As collateral, the borrower offers the title to their Crosswind Sportivo vehicle. The note also specifies that if the borrower fails to repay the loan, the lender may claim the collateral, and the borrower will be responsible for legal fees if the lender pursues collection in court.

Author
Irene Quimson
Language
EN