 | Connecticut Promissory Note Templates |
The Connecticut promissory note templates can be downloaded in .PDF or Word format. Both unsecured and secured templates are available. Promissory notes (otherwise referred to simply as “notes”) are written agreements that are entered into by two parties (a lender and borrower). Notes outline the specific terms of a loan such as the payment method, payment amount, principal sum, due date(s), interest rate(s), and other details. Use the links on this page to download the secured or unsecured template.
Usury Rate – Under Statutes of Connecticut Title 37-1 (§37-4), the maximum legal interest rate is twelve percent (12%).
Connecticut Secured Promissory Note Template
The Connecticut Secured Promissory Note Template is a written agreement that is used to establish the terms of a loan. The note is a contractual document that is entered into by two parties (a lender and a borrower). The note is “secured” because of the borrower’s pledged collateral. In the event of a default the […]
Connecticut Unsecured Promissory Note Template
The Connecticut Unsecured Promissory Note Template is a legal form that is entered into by a lender/borrower. The document outlines the various terms and details of a loan. The note is considered “unsecured” due to the fact that it is not backed by collateral. This is in contrast to a secured note, in which the borrower […]
