When you’re in the middle of a personal emergency, money worries make the whole experience twice as stressful. Just when you need to be focusing on taking care of your health, your home, or your family, your emotional energy is being spent obsessing over how to pay for it. A tax refund loan can make that worry go away and let you invest your energy where it belongs. The last thing any of us want is to be distracted when one of our loved ones is ill, or when we’re dealing with insurance agents and taking bids on a home repair. In exchange for just a few minutes online you can return to giving your full attention to the important business at hand, caring for your life, your job, and your family.
Welcome To the New Style Tax Refund Loan
Have you ever wished you could summon your income tax refund when it wasn’t “tax time”? You can! Compared to the way tax refund advances began, with tax preparation companies, the new type of loans are a lot more flexible and accessible. Instead of needing to be ready to file your return as a prerequisite for applying for the advance, you can apply any time – even before you get your tax forms. Need cash for the holidays? School clothes for the kids? A weekend at the beach during summer break? A tax refund loan could be the answer. The application is online and lenders are available 24/7, so there’s no wasting time sitting in a tax preparation office. From application to approval takes mere minutes; there’s no credit check, and no need to fax or scan in prior year tax returns or income verification. They keep it simple. The amount of funding you’re approved for is the amount you’ll receive, unlike the tax prep stores who subtract their fees and interest from your check – so you actually receive less.
A Tax Refund Loan Can Save You Money
Getting an advance on that annual windfall is something we don’t do on a whim – we know it’s going to cost money, because it’s a loan, but we don’t want it to cost more than necessary. Fact is, a tax refund loan can actually save you cash, depending on how you use it and what your alternative options were. Compared to credit cards, which appear to have a lower cost but in actuality tend to accrue interest for many months or even years before being paid off, borrowing against your anticipated tax refund can be a bargain. Another option is letting some bills go unpaid or paying them late – aside from the late fees you’ll end up with, the damage this will do to your credit report, and the associated increase in interest rates you’ll be hit with on future credit are expenses that can add up and expand both rapidly and for the long term. Finally, payments on the tax refund loan will be debited directly from your checking account on your paydays – this will avoid any chance of “bouncing” payments, which isn’t necessarily the case with companies who schedule payments on a specific day of the month, or if you’re left to your own devices to remember the payment on your own. Not only does it save you money, but it saves you trouble as well!