Five Things You Need to Know About Getting a Tax Refund Advance Loan
|A tax refund loan is a great |
way to get the cash you need
You may be one of the millions of Americans each year who are looking forward to your tax refund. The money is—after all –your money. The government is merely giving it back to you after months of holding it for you. Some look at their tax refund as special pot of gold that comes once a year and can be used for any purpose. But there are times when you need that pot of gold before your income tax refund has actually arrived. A tax refund advance can put the cash in your pocket.
1. A tax refund advance is easy to obtain.
If you are in need of money right now, why not tap into that tax refund you'll be receiving from the IRS? A tax refund advance is the answer, and it can be obtained online with a simple application that takes only a few minutes to complete. And best of all, there is no need to fax documents or even have your credit checked. The whole process is quick and easy.
2. You can get your cash faster with a tax refund advance.
A tax refund advance simply gets you the cash you need in advance of your refund. Generally, you apply online through a lending website which connects you with direct lenders who usually can lend up to $1000. You can apply for the loan at your own convenience, any time of the night or day. The application process is fast, you usually get an answer within minutes, and (if you agree to the terms of the loan), you get your cash in a matter of hours.
3. A tax refund advance is safe, if you use the right website.
Today, many people are worried about protecting their personal information—and with good reason. That is why it is important to select a lending website that uses encryption and high levels of data security. One such website is IncomeTaxAdvances.com, one of the oldest and best known tax advance websites. They are well known for helping folks just like you find the best deal on tax refund advances.
4. You can choose from several types of tax refund advances.
With an ordinary tax refund advance, you get your money in a few hours or by the next business day, and you repay it in one lump sum at a date specified in your contract. However, there are other types of tax refund loans. If you need your cash even faster, choose a one-hour loan, sometimes known as a one hour RAL (Refund Anticipation Loan). Do you need to make several smaller payments instead of one big one? Look for a RAL installment loan. Do you anticipate having to borrow against your refund again in the near future? You may need a RAL Line of Credit. Keep in mind that not all loan types are available in all locations or from all lenders.
5. You are still responsible for filing your own taxes so that you will have the money to repay the tax refund advance.
Most leading sites are just geared to connecting you with approved lenders. They do not complete your taxes for you or offer tax advice. You are solely responsible for either completing your taxes yourself or for finding a tax service to do it for you. Until your taxes are filed, your refund will not be processed. When your refund is processed, it will come directly to you—either by mail or by direct deposit depending on what you choose. You are responsible for making sure that the funds are in place to repay the tax refund advance on its prearranged due date. Not doing so can result in additional fees and significant penalties.
Now you know the facts, and you're ready for a tax refund advance.
You've made the decision to apply for your tax refund advance, and you're wondering where you go from here. It couldn't be easier! Click here to complete the quick application with some very basic information about yourself and the bank account where you want the money deposited. What are you waiting for? Apply now and have the money you need by tomorrow.