Holiday Emergency Cash Loan Agreement

1. Loan Terms

Loan Amount:
The Lender agrees to provide the Borrower with a loan of $[up to $500], intended to serve as holiday emergency cash. The Borrower acknowledges that this loan is not their tax refund and is provided solely by the Lender’s business.

Interest and Repayment Method:
The Borrower agrees that the loan shall be repaid from their tax refund proceeds through the Lender’s tax preparation services.

Use of Funds:
The Borrower agrees to use the loan funds exclusively for holiday-related expenses or emergencies.

Repayment Due Date:
The Borrower shall repay the full loan amount on or before March 15, 2026, which aligns with the anticipated receipt of their tax refund.

Tax Return Preparation:
As a condition of receiving this loan, the Borrower agrees to have their tax return prepared and filed by [Bailey Tax & Associates] for the applicable tax year.

2. Consequences of Non-Compliance

Default:
If the Borrower fails to (a) have their tax return prepared and filed by [Bailey Tax & Associates], or (b) repay the loan by the due date, the Borrower will be considered in default.

Immediate Repayment:
Upon default, the entire outstanding loan balance—including any applicable interest—shall become immediately due and payable.

Legal Action:
The Lender reserves the right to pursue legal action to recover any outstanding amounts, including reasonable attorney’s fees and associated costs.

3. General Provisions

Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of [Texas/USA].

Entire Agreement:
This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions, representations, or agreements, whether written or oral.

Amendments:
Any amendments or modifications to this Agreement must be in writing and signed by both the Lender and the Borrower.