Louisiana Promissory Note - Installment

4 Reviews

Louisiana Promissory Note - Installment (Multiple States) This form is used when one person (Lender) lends money to another person (Borrower). It provides for installment payments until it is paid off.

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The Installment Promissory Note is designed for use to document the agreement of the borrower to repay a debt to the lender with interest. This legal form establishes the sum and terms of the loan, the rate of interest, the timetable for repayment, and the rights and duties of the lender and borrower. The Installment Promissory Note also allows the borrower to repay the loan based on a specified monthly payment schedule until the full amount of the debt has been satisfied. The borrower does have the option to repay the full amount of the debt at any time without incurring a penalty.

This legal document also helps protect the seller against possible problems in the future.

The Installment Promissory Note also contains detail instructions that guide you through each provision making it simple to easily understand the terms of your legal document.

These Important provisions are included in this Louisiana Promissory Note:
  • Address of Borrower and Lender: Locates and identifies the parties and;
  • Terms of the Loan: Describes the amount, interest rate, payment schedule, obligation, and rights of both the borrower and lender;
  • Signature of borrower and date: Protects the Lender in case of a dispute.

Protect Yourself, Your Rights, and Your Property, with our up-to-date forms.

This lawyer prepared Louisiana Installment Promissory Note includes:
  1. Step by step Instructions & Checklist for Installment Promissory Note;
  2. Information for Installment Promissory Note; and
  3. Louisiana Installment Promissory Note
State Law Compliant: This form complies with the laws Louisiana.
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#16550

Customer Reviews

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Reviews: 4



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My need for a Promissory Note was satisfied completely in that it was being used to substantiate an agreement between two parties in the same legal family. It was short term (16 month)and was documentation of a "hand shake" finance arrangement among friends. As Borrower, I insisted on some documentation for the heirs benefit, in the event of an unexpected death of one of the involved parties.



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Straightforward form. Easy to follow, easy to use, easy to edit. Well priced. The underlined spaces require you to re-underline words you type into them, but that's no problem for someone who uses Word regularly.

Citrus Heights,


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Silver Spring,


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