Can I Really Trust Online Tax Refund Lenders?It’s clear that there are risks of doing business online, and that certainly includes getting loans. While it is always important to be safe, just a few quick steps will help you determine when online tax refund lenders are for real and not scammers. Taking advantage of these loans online is a great convenience and one you shouldn’t have to pay for with security risks. Know that our lenders at Income Tax Advances are legitimate and have your security in mind, but also be careful and know what to look for when borrowing online.
Seek out Legitimate Tax Refund Lenders, Not Unsolicited Offers
A big red flag when it comes to getting any type of loan online is an unsolicited offer. If you get an email or call from someone offering you a great deal on a loan, run the other way. It may be a legitimate offer, but most real lenders let borrowers come to them. They do not reach out and make cold sales calls or send spam emails. When you do shop online for tax refund lenders, look for signs of legitimacy, such as an actual address and a phone number that you can use to contact someone. You don’t have to call to get online loans, but if there is now way to call someone, it should be a red flag.
Never Pay Tax Refund Lenders
Another big red flag in lenders is a fee. Real, legitimate tax refund lenders and other types of online lenders will never charge you for applying for a loan. At Income Tax Advances, for instance, you do not have to pay anything to get access to lenders. The application is free, and you only pay once you have the loan and are making repayments to the lender with interest. Any up-front costs are signs of a scam.
Real Tax Refund Lenders Don’t Guarantee Approval
Also a sign you may be dealing with a scammer is anyone who says your approval for the loan is guaranteed. No legitimate lender would ever make this guarantee. Even with tax refund lenders who approve most applicants, there are no guarantees. This is a clear sign you are putting your personal information at risk if you move forward. Our lenders try to approve everyone they can, even those with bad credit, but it isn’t always possible.
Look for Encryption and Security Policies with Tax Refund Lenders
When you turn to Income Tax Advance’s tax refund lenders, you will see several signs that security for your personal information is a top priority. You get superior encryption technology to keep your data safe from hackers, you get a policy of deleting your information when it is no longer needed, and you have the option of not participating in marketing opportunities. This opt-out won’t harm your chances of getting approved and it keeps your information out of the hands of third parties. For top security in online lending, these are the things you need to watch for.