An Income Tax Loan Advance Has Advantages You May Not Have Thought About!

When you find yourself in need of extra cash, there are a few things you consider: the cost of the loan, how difficult or complicated it will be to apply, how long it takes to be approved, and how long after that you’ll get your cash. One thing you might not think about is whether you’ll get the money back again after the loan is repaid. What? Get it back again? That’s what happens when you borrow against your income tax refund, because you’re essentially borrowing your own money. Repayment is scheduled at the time that you sign off on the agreement, and will be automatically drafted from the same bank account your loan funds are deposited to. The difference is that with an income tax loan advance, your refund still belongs to you – unlike some tax-preparer advances that require you to sign your refund over into an account that belongs to their company.

It’s Super-Easy To Apply for an Income Tax Loan Advance

You don’t even have to be ready to file your tax return yet! The easy-access online application can be completed anytime – and from almost anywhere – that works for you. Due to the mobile-friendly design, all you need is your cellphone and an internet connection, and you’ll be halfway there. Just settle into your favorite chair – or the porch swing, or the bathtub, for that matter – and review the three brief section that comprise the application. There’s some basic ID info requested, then your current employment and any other sources of income, then your bank account info so the lender knows where to deposit your loan funds. That’s it! The lender will review your responses, approve your application, and provide the income tax loan advance contract agreement form for you to sign electronically. Once that’s completed the funds will be deposited directly to your bank account and be available to you as soon as your bank’s clearing process allows!

An Income Tax Loan Advance is Like Borrowing From Yourself – With No Credit Check

Would you check your credit if you were loaning yourself money? If you did, would you like what you saw there? Well, there’s no standard credit check involved in an income tax loan advance. Instead, the lenders have devised their own standards and criteria for approval, including items such as your current income and the length of time you’ve been with your most recent employer. Credit checks include your current on-time payment data, but they also include up to seven or even ten years of records that might have nothing at all to do with your current circumstances and creditworthiness. With the latest generation of income tax return advance loans, you can be sure that any financial difficulties or other events that are years in the past will not be held against you and your loan request will be approved based on today’s relevant factors alone.

Need extra cash - and don’t want to give up your income tax refund? You don’t have to – borrow against it, repay promptly, and your refund will still come directly to you right on time! Apply today!

An Income Tax Loan Advance Has Advantages You May Not Have Thought About! By Heather Wilson - 9/6/16