Tools & Tips |
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UCC Filings
When lending money to a borrower by use of a Secured Promissory Note, require that the borrower file a Uniform Commercial Code form (UCC-1) in the state of the recorded loan. Each state requires that a UCC form be filed to make the collateral of the loan public record in case of default. For your convenience, we have listed links to a resource for each state below: |
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WikiLoan, Inc. does not lend money or match you with a lender. WikiLoan provides fee-based documents and tools for Lenders and Borrowers to manage the peer-to-peer lending and borrowing process. To find a lender, email some friends for help and invite them to participate on funding your loan request. Promissory notes are not FDIC-insured, may lose value, No WikiLoan or bank guarantee. WikiLoan does not verify all information provided by borrowers in listings. WikiLoan does not offer services in the states of New York and California at this time. Copyright © 2011 WikiLoan, Inc. All rights reserved. |
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