This is a tough time of year for a lot of us – so many out-of-the-ordinary expenses piled on top of our usual ones! The weather is getting cold so utility bills go up, new clothes, coats or boots are on everyone’s to-do list, and most of us just spent any extra we had on holiday expenses. Wouldn’t it be nice if we could get our tax return earlier? Between waiting for all our W-2s and paperwork to be in, then getting our return done and waiting for the refund, it’s almost spring before the money’s actually in our account. An online tax refund advance can get you use of that cash now, when you need it – and since it’s your money and you know that government check is on its way, the actual cost is minimal.
An Online Tax Refund Advance Saves You Cash Now and Repays You Later
It’s tempting to tell yourself you’ll simply spend carefully, not drive anywhere you don’t need to, keep an eye on your bank balance and “make do” until payday. The problem with that plan, however, is that we’re human, and fallible, and mistakes happen – and when you’re dealing with bank overdrafts and late payment fees those mistakes can be tremendously expensive. A single overdraft fee can cost $30 or more depending on your bank, and often we don’t get just one at a time. A miscalculation like thinking a payment has cleared when it has not, giving you a mistaken impression of your available balance, means you might make not just one but numerous check card transactions before discovering the error. Each of those transactions, no matter how small, incurs an additional fee, leaving you a hundred dollars overdrawn – or even several hundred. Your next paycheck then pulls you back into a positive balance, but your budget is still short the amount those fees cost you, leaving you in a similar situation once again. Do you pay bills late, or try to scrimp and not overdraw again? An online tax refund advance can put cash into your bank account in 24 hours or less, giving you peace of mind and the ability to pay your bills on time, put gas in the car if you need it, and simply repay the loan with your next paycheck. Need a longer repayment term? For a competitive fee, you can extend the loan until you’re able to pay it – and when your tax refund arrives any remaining advance can be “zeroed out” without affecting your regular paycheck and household budget.
You Don’t Need Good Credit To Be Approved For An Online Tax Refund Advance
Great news for those who struggle with damaged credit – online tax refund advance lenders do not employ a standard credit report when determining approvals. They have developed a separate, effective set of criteria specifically for approving short-term loans that don’t need to take into account issues such as extended payment history, job changes, and the complex group of factors calculated into a credit score. As long as you don’t have any recent short-term loan defaults, and meet the basic criteria such as having a steady job with a certain level of income, your chance of being approved is excellent, regardless of your credit score!