Updated April 11, 2022
A Tennessee unsecured promissory note binds a borrower to a signed promise requiring him or her to make timely and complete payments to a lender to pay off a previously loaned amount. This template is unsecured, meaning the lender is not guaranteed an item from security if the borrower is unable to pay back the loaned amount. The lender should be extra wary of this and only lend to individuals he or she can completely trust.