Alabama Unsecured Promissory Note Template

Create a high quality document online now!

Updated March 12, 2022

An Alabama unsecured promissory note permits two (2) parties to come together for an agreement that allows a lender to issue borrowed money to the other party with the appeal of getting more money in return through interest. The only negative about an unsecured promissory note is that the lender is not guaranteed anything if the borrower defaults on their payment other than reporting the debt to a credit agency.