Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

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 ...

ach year, almost 9 million students come to the Education Department's Office of Student Financial Assistance seeking help with paying their tuition. SFA administers $54 billion in new loans and ...

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 ...

Quite simply, a promissory note is a promise to pay or IOU. It is a formal commitment (also known as a loan agreement or contract) between two parties that is usually necessary when money is borrowed ...