Wyoming Unsecured Promissory Note Template
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The Wyoming Unsecured Promissory Note Template is a legally enforceable document which serves to establish the terms of a loan. The document must be properly formatted/filled out (read the guide posted below for more details). Once the note has been completed, it must be signed by the borrower, lender, and witnesses in order for it to be enforceable in court.

Note: This template should only be used for the drafting an unsecured promissory note. This template is not intended to be used to create a secured note.

How to Write

Step 1 – Use the links at the top of this page to download the form.

Step 2 – The first paragraph of the note must be filled out by entering the following:

• Date
• Name/address of borrower
• Name/address of lender
• AND
• Fill in the principal sum/interest rate of the note

Step 3 – Payments – Select the payment method (“No Installments” – “Installments” – “Interest Only”).

Step 4 – If the payment method is “Installments” / “Interest Only” the due date information must be submitted.

Step 5 – Due Date:

• The date entered into this subsection is when the borrower is obligated to repay the loan back by.

Step 6 – Interest in Event of Default:

• Enter the interest rate.

Step 7 – Late Fees:

• Provide the specific number of days that the borrower will have, after not making a payment, to pay the past-due amount.
• Fill in how much the borrower will be charged if they do not make a payment within the aforementioned number of days.

Step 8 – Acceleration:

• Submit the number of days after defaulting on the loan that the borrower will have to bring the account current.
• Failure of the borrower to cure the default can result in the lender declaring the full sum of the loan due immediately.

Step 9 – Signatures:

• Enter the date (dd/m/yy format) AND the names of each party.
• Borrower AND lender must sign the note.
• Each witness must sign their name.