Can I Get Tax Loans if I Have an Extension on Filing This Year?

Tax loans, which are also referred to as refund anticipation loans, are often thought of as being available only during main tax season. A lot of people use them this way, as an opportunity to get an expected refund sooner, and then to repay the loan with the refund cash when it actually arrives. This is a great option, but it is not the only one. You can access tax loans at any time of year, and they are especially useful if you have an extension, which will cause your refund to be massively delayed.

Tax Loans Are Year-Round

The first thing you need to know about tax loans is that they are not just for January through April 15. The lenders that offer these loans are available every day of the year, providing easy and quick loans that nearly anyone can get approved for with minimal requirements. If it’s August and you need some extra cash, or even October, you can contact our tax lenders and get the money you need.

Tax Loans Are Great for Extensions

Sometimes there are valid reasons why you can’t get your taxes filed by the typical deadline in April. You may have some serious personal, family, or health issues taking up all your time, or you may have a financial situation that doesn’t allow you to get your taxes in on time. The IRS is surprisingly flexible, and you can request an extension that they most often do grant. The downside to getting this extension is that if you are owed a refund, which you probably desperately need, it won’t arrive for months. Extensions cause big delays in refunds, but tax loans solve that problem. Get a loan and you can have the cash in about a day, instead of in weeks of months.

How Do I Repay Tax Loans if My Refund Is Delayed?

While many people who use tax loans repay them when their refund checks come in the mail, this isn’t your only option. You can get a tax loan and repay it with your next paycheck. This is a good way to get needed cash so you can pay the bills and take care of other expenses, but to still get out of debt quickly and not have it hanging over you for weeks and months. In fact, most lenders will deduct what you owe right from your bank account on your text payday. This means you don’t have to worry about missing the due date, being late, and paying more in interest and late fees.

How to Get Tax Loans Now

There are two easy ways to get tax loans today. You can either use the website and fill out the short application there or you can download the mobile app and fill out the same application. Both options offer a convenient way to access the cash you need. Apply in minutes, get an answer in less than two minutes, and get that cash in about 24 hours.

Can I Get Tax Loans if I Have an Extension on Filing This Year? By Heather Wilson - 6/18/18