Your signature under the words “promise to pay” allows a single piece of paper to generate three to four times the face value of the notice; not for you, of direction, however not much necessarily for the entity that called itself your “lender” in the first place. At any rate, no “lender” ever risked or spent its own money in the direction of this “loan.”
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June 24, 2011
Promissory Note Secrets
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