Income Tax Advances - Frequently Asked Questions

Before you go further please note that answers about loan cost, terms and filing your taxes was provided on the home page of the website. So if you're looking for answers to those questions then return to the "Home" website page (see link above).

We are here to help you get cash for emergencies. If you're in need of answers about income tax advances, try our explicit FAQs below. Click on the topic of interest for more information about getting a loan that can help you get the money you need.

Income Tax Advance. What is it?

A income tax advance is a loan provided in advance of you receiving your income tax refund that is very useful for financial emergencies. Since we do not file your taxes, receive your refund or required copies of your tax return we limit the max amount loaned to $1500. It is perfect for people who need their income tax much faster then the IRS provides. Many people who request income tax loans could never obtain a loan from a traditional bank within 24 hours.

What are the minimum requirements for getting an income tax advance?

Since we do not file your taxes for you, your refund does not come directly to us and you are not required to provide copies of your income tax returns a borrower must meet the following minimum requirements:

• be a United States Citizen
• be at least 18 years old
• have a job that pays a minimum of $1000 per month
• have direct deposit to a bank account

What is the process of getting an income tax advance?

Getting an income tax advance is extremely simple. Loan funds are deposited directly into your bank account. It is a simple process that starts with you filing out a simple application which gets processed while you wait. Once approved, your income tax loan will be sent to your bank account.

What if I have a bad credit history?

There is no need to worry if you have a bad credit history. Even people with a bad credit history can get access to income tax advances. Many people who would not get the chance from a traditional bank, can get cash as early as next business day. Simply by filling out our online application you can get access to the money you need.

How long does it take to get an income tax advance?

It doesn't take long to get the cash you need. It is really a matter of filling out the online application and being patient while your application is automatically processed as you wait. The application asks very basic questions. Loans completed by 5:00 eastern time are funded the same day and should be in your bank account the next business morning.

Where is my tax refund?

Tax season is notorious for being a tough time of year and you can never get a straight answer from the IRS to "Where is my refund?" No one knows how long the wait is and it does get frustrating. The IRS provides times based on ideal circumstances. We may not file taxes for you but we do have help that will make the process less of a headache! Read more on refund timeline and tax return process�

Will I need to print or fax anything?

Part of the advantage of these loans is that most of the participating lenders require no papers to be printed or faxed in order to request and receive a loan. However it is important that you have a printer to print out the loan documents for your own records.

How much does it cost to get an income tax advance?

Your loan rate and fees will be determined during processing and will be clearly displayed with all loan terms on the participating lenders loan document that you will be required to e-sign in order to complete the loan applicaiton process. Please remember that we are not a lender and we do not provide lending services directly to consumers. Submitting your loan application through us incurs absolutely no cost. We are paid by the Direct Lenders or network of Participating Lenders to whom we refer you. Even if you turn down the loan or exit the process at any time, our service remains FREE of charge to you.

What is the repayment process?

The amount loaned along with the loan fees are withdrawn from your checking account automatically on the due date of your loan by The Lender. You don't even need to think about it! You don't need to make any payments or visit any store. You can request an extension if you need it by contacting your lender before the due date. Additional fees by The Lender do apply to loan extensions.

What happens if I am late on a payment or need to skip a payment?

Each Participating Lenders has their own policies pertaining to late payments. The Participating Lender's policy, including the additional charges you will incur, is detailed in the loan documents provided to you by your Participating Lender before you are requested to e-sign the loan. Once you have signed the Participating Lenders loan documents, you will be expected to understand and abide by the loan terms including the additional charges and/or interest if your repayment is late. If you are not able to make the payments timely, please contact your Participating Lending as soon as you are aware the loan will be late and work with them, but remember additional fees and interest may apply.

What if I don't make a payment at all?

Additional fees, and charges by The Lender may apply to you in the event that you do not repay your loan. Please remember that refusal or failure to pay may result in legal action against you by The Lender in an attempt to collect the loan amount, interest and costs of collections.
It.s important to remember that we are not a lender and do not provide lending services directly to consumers.

Is there an option to refinance an existing loan?

Loan renewal policies are largely governed by State statute. In states where rollovers or extensions are allowed, interest rates, and late fees may be added to the original loan amount and that can result in a substantial increase to the amount you will be required to payback. Again, be sure to read the Participating Lenders loan terms in carefully and thoroughly before signing the initial loan contract.