Make Something Special Happen With A Tax Refund Loan

Summer is when all the fun stuff seems to happen. Trips to the beach with friends, taking the kids to the family reunion to get to know their cousins, campouts and road trips. All those trips sound so simple, but when it comes time to figure out the budget they’re all more expensive than they sound. If you filed your taxes on time, your refund should arrive just in time to put it safely I the bank so it’s there when vacation time rolls around. If you filed for an extension though, you may still not have it, and wouldn’t it be perfect if it showed up in time to pay for that last end-of-summer trip? A tax refund loan means you can wait until October to file, but use your refund now when you need it most.

Tax Refund Loans Are Easier Than You Think

If your previous experience with tax refund loans involves a preparation office that required you to pay them to file your return in order to get the loan, you’re going to be happily surprised at how much simpler this option is. First of all, you can file your own return using an online software service, or even file on paper – it’s completely up to you. You can even apply for the loan before you file, based on your reasonable expectation of what your refund will be. Rather than going to a tax-preparation service office during their business hours, waiting in line and going through a complicated process that includes time, paperwork, and electronic filing fees, all you need to do is go online – and everything you need is there. The application is quick, and only asks a few basic questions about your identity, your job, and your bank account. There are no detailed, intrusive questioning about your expenses or credit references, unlike other types of loans. There are lenders available 24/7 to evaluate and approve your application, so there’s virtually no waiting – only as long as it takes the bank to clear the funds and make them available to you in your account.

Even With Bad Credit You Can Get Tax Refund Loans

Unlike other loans, tax refund loans don’t depend on your credit report to determine your eligibility. In a sense you’re borrowing money from yourself – the tax refund is your own money that’s been withheld from your paychecks, so the loan is your money, just sooner. If there is enough time between your loan disbursement and receiving your refund, you will need to repay the lender – but since your refund is still part of the equation you can consider that the refund will be paying you back for your loan payments so you still come out ahead! What’s more, if you are working at rebuilding your credit report, timely payments on tax refund loans are reported to the credit bureaus, so every payment you make is helping your credit score to climb, slowly but surely in the right direction. You get the cash you need when you need it, you get to know that you’re actually going to get your payments back when your refund arrives – and increase your credit score as well!