A Personal Tax Refund Anticipation Loan Is Your Year-Round Rescue Resource

You might think that when April 15th was in the rearview mirror, so was your chance to get an advance on your tax return – but you’d be wrong! If you filed for an extension, so you’re still waiting for your refund, a personal tax refund anticipation loan from iTaxAdvance.com is still a viable option with which to access the cash you need now. It’s not the only option, but when your other choices are traditional loans, pawn shops, a second job, or selling valuables for whatever you can get for them… an advance on your taxes is clearly the better deal! There’s no collateral to deal with, no credit check, and almost no waiting! It’s absolutely the fastest and simplest way to access extra money.

That’s Right – No Credit Check Required For A Personal Tax Refund Anticipation Loan

The lenders who provide funding for personal tax refund anticipation loans use a different set of standards than those working with traditional loan sources. If your credit isn’t great, you may have struggled with ways to raise extra cash when you need it. Credit reports provide far more information than many people realize, from late payments on credit cards and car payments to any delinquent tax payments, garnished wages, or civil judgments against you. Not only is this information used to determine one’s creditworthiness for personal loans, mortgages, credit cards or the purchase of a new car, but even when you apply for a job or an apartment. Isn’t it ironic, that having bad credit – including too much debt – can prevent you from getting the job you need to pay your bills? Short term lenders have the opportunity to use different criteria, and play by different rules. Since the loan will be repaid so quickly, they are able to ignore the long-term nature of the items a credit report measures, and look only at your current circumstances.

A Personal Tax Refund Anticipation Loan Is Different Than Traditional Personal Loans!

Tax refund anticipation loans have a few key differences than other financing options – the brief term of the loan, the lack of specific purpose required, and the fact that you’re essentially borrowing your own money! Your employer took taxes out of your paycheck all year, and if you’re due for a refund it means they took too much – so the loan is an advance on your own money you’re getting back. Even if you need to make payments on it, which can happen depending on the timing of your loan versus receipt of your refund, you know that your refund is on its way and will reimburse you for the payments. With most loans, you borrow money and then pay it back. With a personal tax refund anticipation loan you borrow, you pay it back, and then the IRS pays you back again! This is unlike the advance loans you can get from tax preparation services too, because your government refund remains with the preparation service when it arrives. They advance your refund, minus their fees and interest, and are repaid by the refund when it’s issued.