Georgia Promissory Notes
Create a legally compliant Georgia promissory note that complies with state usury limits and includes all required provisions. Choose the note type that fits your lending situation, fill out the guided form, and download your professional PDF for $7.99.
Browse by document type across all states →
Secured Promissory Note
For loans backed by collateral such as a vehicle, property, or equipment. The lender can seize the collateral if the borrower defaults.
Complies with Georgia usury limits (max 16%). Includes collateral description and default remedies.
Create Secured Promissory NoteUnsecured Promissory Note
For loans based solely on the borrower's promise to pay, with no collateral pledged. Common for personal and family loans.
Georgia statute of limitations: 6 years. Max interest rate: 16%.
Create Unsecured Promissory NoteInstallment Promissory Note
For loans repaid in fixed periodic payments over a set term. Includes a detailed payment schedule with amounts and due dates.
Includes amortization-ready payment terms compliant with Georgia usury law (16% max rate).
Create Installment Promissory NoteDemand Promissory Note
Payable in full when the lender demands repayment. No fixed schedule or maturity date. Common for informal arrangements.
Payable on demand under Georgia law. Includes usury savings clause and default provisions.
Create Demand Promissory NoteGeorgia Usury Law and Note Requirements
Verified against official Georgia usury statutes and Georgia Superior Courts guidance. Last reviewed May 2026. How we verify our legal data.
A Georgia promissory note is governed by the usury provisions in Title 7 of the state code. Georgia caps interest on smaller personal loans, while larger loans and written agreements can carry higher contractually agreed rates.
A lender who exceeds Georgia's usury limit forfeits all interest on the loan. The statute of limitations to enforce a written note is six years. Our documents include a usury savings clause and the terms a Georgia court looks for in an enforceable note.
Frequently Asked Questions
What is the maximum interest rate for a promissory note in Georgia?
Georgia caps the maximum interest rate at 16% (16% on loans of $3,000 or less; 7% legal rate absent a written contract. Loans of $3,000 to $250,000 may set any agreed rate in writing.). Exceeding this limit may result in penalties: Forfeiture of all interest. If no rate is specified, the default legal rate is 7%. Our documents include a usury savings clause for additional protection.
Does a promissory note need to be notarized in Georgia?
Notarization is not legally required in Georgia, but it is strongly recommended. A notarized note is easier to enforce in court and helps verify the identities of all parties. While not required, having 1 witness is recommended.
How much does a Georgia promissory note cost?
Each promissory note costs $7.99. Choose your note type, fill in your details through our guided form, and download your completed, Georgia-compliant PDF instantly. Re-download available for 5 days.
What is Georgia's usury cap for private promissory notes?
Georgia caps interest on written contracts at 16% per year for loans not regulated by other statutes (O.C.G.A. §7-4-2). For loans between $3,000 and $250,000, the limit is the greater of 5% above the Federal Reserve discount rate or 16%. Usury in Georgia can result in forfeiture of all interest charged. Georgia has a 6-year statute of limitations for written contracts. Licensed lenders and certain business loans operate under separate rules.
Create Your Georgia Promissory Note
Usury-compliant, professionally formatted, and ready to sign. Download your PDF instantly for $7.99.
Get Started