Rhode Island Promissory Note (with Guarantor)

This Promissory Note with Guarantor is an installment note and provides for a guarantor, who in effect acts as a co-signer on the note. This form is for use in Rhode Island and is available for immediate download.

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This Promissory Note is an unsecured note in which instalment payments will be made. This note differs from other promissory notes in that repayment is assured by a guarantor who, in effect, acts as a co-signer of the note. This guarantor agrees that if any payments are late or unpaid, they will make the payments and also pay for any costs of collection. Having a written Promissory Note with Guarantor will prove valuable in the event of default or litigation.

Among others, this Promissory Note with Guarantor contains the following provisions:
  • Amount Borrowed and Date: Sets out the amount of the note and the date signed;
  • Parties, Amount and Interest Rate: Sets out the names and addresses of the parties, the principal amount of the note and the note’s interest rate;
  • Payments: Sets out the amount of payments, the due date and when the note is payable in full;
  • Guaranty: Sets out the name, address and signature of the guaranty of the note.

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This attorney-prepared packet contains:
  1. General Information
  2. Promissory Note (with Guarantor) for use in Rhode Island
State Law Compliance: This form complies with the laws of Rhode Island
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#38781
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