The mortgage interest rate, or the fee the lender charges for lending you money, will also be listed on the promissory note.

Whether you're borrowing money from a financial institution or someone you know, a promissory note serves as a formal lending document. Promissory notes outline a loan agreement's specific terms ...

In addition, you can cancel the pending Direct Student Loan after the Promissory Note has been submitted by contacting the University of New Haven Financial Aid Office. Remember, you have the right to ...