Making a promissory note legal requires inserting the right components into the document. Many online templates exist, or you can create your own from scratch with the required components.

Otherwise, if legal action is necessary, you can pursue it only with the borrower who signs the promissory note. The lender is not required to sign the promissory note for it to be legally binding.

A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory note signed electronically could be enforced through ...