California Unsecured Promissory Note Template

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Updated March 12, 2022

A California unsecured promissory note is a document designed to establish the basic payback structure for a loan between two parties. The major difference between this document and the secured version of the document is a risk. The lender is in a far riskier position throughout the period of the agreement because there is not a guarantee the lender will receive his or her money if the borrower defaults on the balance.