Tax Return Loans Explained

Most of us have used some kind of loan – a personal loan, student loan, or a car loan – and they’re a pretty simple concept. The bank or lender gives you money, and you pay it back with interest, usually over time. We know how our income tax refund works too – so how do these two work together? Instead of having to wait until you file your tax return and a few weeks later the government sends us our refund in the amount of the taxes that were withheld from our checks that exceeded what we actually owed. A tax return loan is when a lender advances you the funds you expect to receive in your tax refund – even before you’ve filed your return. Depending on when you apply you might repay the loan with your actual refund because it’s been received by the time the loan comes due. Otherwise you would repay it as you would any other loan – which means when your refund does come in it’s all yours!

How Are the Advances from Tax Preparers Different from Tax Return Loans?

When you visit one of the large chain tax preparation firms, one of the products they offer is an advance loan on the refund. There are a number of differences between those loans and those from eTaxLoans.com. Those from a preparer require that you have your taxes filed by the company in order to receive the loan. They can only be applied for in person, during limited hours, in the amount of the refund you are verified to be receiving. The amount received will be reduced by the tax preparation fee and the loan interest and any other fees, so it will be notably less than the refund. Finally, the refund sent by the government needs to be signed over to the preparation company to serve as loan repayment. In contrast, tax return loans from eTaxLoans.com are not limited to a particular place or time of day because the whole process is conducted online. The full amount of your loan will be delivered to you, with no fees or interest withheld in advance – and your refund will as well. You’ll repay the loan from your next paycheck or two, or from the refund depending on when it arrives, but at no time will you be required to sign it over to anyone.

Getting Approved for Tax Return Loans Is Quick and Easy!

The simple online form takes just a few minutes, and you can complete it totally at your convenience – since there are lenders available twenty-four hours a day, there are no scheduling limits. Approval takes less than two minutes, and the lender will provide all the terms and an agreement form to sign, all without ever leaving your computer. You’ll review the terms, and if the offer is agreeable to you, sign the form with the electronic signature provided. The lender can then move forward to deposit the funds into your bank account, where they’ll be available to you as soon as they complete your financial institution’s clearing process. What could be faster or simpler than a tax return loan?

Tax Return Loans Explained By Eric Knapp - 10/18/16

3 Reasons Tax Return Loans are a Bargain for Borrowers

1. You get to spend it twice. When you take out a loan against your upcoming income tax refund, you’re essentially borrowing from yourself. Granted, the interest goes to someone else, but after all is said and done you’re going to start with a specified amount of funding, repay that plus a bit more to the lender, then in a few weeks or months your get the money back yet again! And that time there’s no need to pay it back, because the government is paying you back for money you accidentally loaned them last year.

2. Unbelievable convenience. Imagine a loan you can apply for, be approved, sign the acceptance papers, and spend – all without ever leaving your house! There is no more convenient type of loan than the online payday loan, and the tax return loan is no exception. The entire process has been digitized and made available online, right down to the electronic signature you can use on the loan agreement to indicate acceptance of the terms. With a few clicks, the lender then deposits the funds directly to your bank account, and it’s available by the next business day – when you can use your debit card or computer to pay bills, order groceries, or whatever you needed the funds for. Of course, you can leave the house if you’d like to!

3. Good credit, bad credit, doesn’t matter! Unlike traditional loans that use a credit check as the first and sometimes only criteria for approval, tax return loans actually consider your ability to repay the loan. Qualification is based on your current income and circumstances, not a number based on a computer algorithm that considers seven to ten years of credit, debt, others who reported your financial activities to them, and your payment history as it relates to all of those. The lenders working with short term online loans determine their own proprietary criteria and choose not to use the standard credit score – so whether yours is good or bad, your chances of approval are exactly the same!

How Do Tax Return Loans Work, Exactly?

It’s super fast and easy – just follow the link to the application page. There are a few basic requirements everyone has to meet – be at least 18 years old and a citizen, have a steady monthly income of at least $1000, and a bank account that can receive electronic deposits and debits. The application form takes only a few minutes to complete, and if you’re one of the growing number of Americans using your smartphone as your primary computing device, here’s some good news: the site and application are optimized for mobile, so you can read all the site information and complete the form just as easily as if you were on a full sized computer. Once the form is submitted our lenders make fast work of your approval and get back to you with a specific proposal within two minutes. The terms and conditions are made available to you right there in your browser, including the interest rate and amount that you’ll pay, and if it all looks good to you then acceptance is just a signature away! Why wait? Apply for your tax return loan today!

3 Reasons Tax Return Loans are a Bargain for Borrowers By Eric Knapp - 10/12/16

Need a Tax Loan? How Your Student Loans Could Be Affecting Your Taxes

You have student loans to pay off, but you have other expenses too. You have a job you enjoy, but you’re not making enough money to be financially free. Some weeks you struggle. With a tax loan you could get some of that burden off your shoulders, especially when your student loans affect the taxes you pay. It’s a complicated web at times, but if you understand how they affect each other, you can make the most of borrowing through a tax loan while also minimizing your student loans.

You Can Deduct Student Loan Interest and Benefit from a Tax Loan

When you file your taxes this coming year, make sure you know that you can deduct the interest from student loans from your overall income. This will lower your tax burden and save you money. You can also take advantage of the bigger refund you’ll be getting by borrowing through a tax loan. With this simple loan you can get your refund cash sooner and start paying down some of that expensive student loan interest.

Your Tax Refund Could Be Seized to Pay Student Loans, but a Tax Loan Could Help

Filing taxes is a drag for everyone, but we all love that moment when the refund total pops up. You get to the end of the forms and see you’re getting a couple thousand dollars back. What a relief to get some extra money, right? Well you could be saying goodbye to that refund if your student loans are in default. It’s important to do whatever you can to stay current with student loan payments, but it isn’t always easy. If you find out your refund is being seized, you can use a tax loan to make up the difference. Get the cash anyway and use it to make some smart financial choices about paying down debt.

How a Tax Loan Works

A tax loan is a pretty simple personal loan. To get approved you just need to complete a short application, which you can do online or with a mobile app. You don’t need to prove you have a refund coming, so that seizure won’t affect your approval. Once you do get approved you can expect to have the money transferred to your bank account in about 24 hours or less. It’s an easy and quick way to get extra cash, not just at tax time, but any time of year and it can really help you out of a bind, especially when student loans are weighing you down.

Need a Tax Loan? How Your Student Loans Could Be Affecting Your TaxesBy Heather Wilson - 10/4/16

Now is the Perfect Time for Early Income Tax Loans

The early bird gets the worm, so the saying goes. You can get a nice chunk of cash rather than a worm when you apply for early income tax loans. The year is wrapping up, which means it’s time to start thinking about taxes. You can take advantage of the cash available now, instead of waiting until you file your taxes early next year.

Early Income Tax Loans Provide Cash Now

Why wait for your tax refund? It could take months. Why wait to take out a tax loan when you could have the cash right now? Early income tax loans are available right now and could provide you with anywhere from a few hundred to a few thousand dollars. Put it to use now to pay down credit card debt, to pay your bills on time and avoid late fees, to get that used car you’ve had your eye on, or to move into a better apartment. Now is the time to act so you can enjoy that tax cash sooner.

With Early Income Tax Loans, You Can Get Approved Even with Bad Credit

Credit scores don’t usually come into play with these loans. We have lenders that approve nearly every application they see. These high approval rates are due to the minimal requirements. Instead of proving you have a good credit score, you only need to prove that you have a job that pays you a decent, regular income. That’s really all it takes, so if you have a bad credit score, don’t sweat it. You can still get approved for early income tax loans and start using that tax cash now.

Early Income Tax Loans Are Now Mobile

These early income tax loans also come with a convenient way to apply. Gone are the days when you have to block out an afternoon to go to the bank. You don’t even need to go to a cash advance store or turn on your computer. You don’t even have to talk to someone on the phone if you don’t want to. All you need to do to apply is use a mobile app.

Wherever you are, as long as you have a signal, and no matter what day of the week it is, or what time of day or night, you can use your smartphone or tablet to apply for early income tax loans. Our easy mobile app allows you to apply on the go for the utmost convenience and speed, so you can stop worrying about money and get the cash you need sooner.

Now is the Perfect Time for Early Income Tax Loans By Eric Knapp - 9/27/16

These Tax Loans Are More Popular Than Ever

More and more people are taking advantage of these great tax loans. It doesn’t even have to be close to tax day to enjoy the extra cash you can get from them. You may have an extension on your taxes or you may be planning ahead for paying your 2016 taxes. Whatever you’re reasoning, you can get tax loans now and you would be joining a growing group of people that knows just how useful that extra cash can be. Here’s how many borrowers are using their tax loan cash:

• Pay the bills with tax loans

Most people borrowing cash through tax loans simply need to pay the bills. You have utilities to pay, your cell phone bill, your rent, but you have realized your bank account is about to be overdrawn and payday is a few more days away. Like others, you can rely on these loans to get the bills paid.

• Eliminate credit card debt

Having a lot of credit card debt is not unusual; a lot of people do. That doesn’t mean it’s a good way to live. You want to get rid of that expensive, stressful debt hanging over you and tax loans can help.

• Treat yourself with tax loans

Another reason a lot of people are using tax loans is simply to reward themselves with a little something nice. It doesn’t have to be huge, but you work hard, so why not treat yourself with a day at the spa, a nice dinner out, or a weekend trip.

• Make car payments

Another thing hanging over your head may be your car payments. If you don’t make the payments you risk being charged a lot of late fees, paying more interest, or even losing your car. A lot of borrowers use tax loans to keep their cars.

Use tax loans for those home repairs, finally

It’s great to be a homeowner, but it means you have responsibilities. You have to keep up with maintenance and that’s not always easy when you sometimes struggle with cash. Borrowers often use this cash to make those much-needed home repairs.

• Get yourself to work

You can’t earn if you can’t get to work, right? When you’re out of cash but still need to buy gas, tax loans can help you get the money you need to fill up the tank, get to work, and keep earning.

Rely on tax loans, like other people do, and you can be sure that you never run out of a smart source of cash again. Apply online today or with our mobile app.

These Tax Loans Are More Popular Than Ever By Eric Knapp - 9/20/16

There’s a Faster Tax Refund Loan – Apply Now!

Borrowing against your income tax return used to be complicated, and could take up to two weeks to get the check! That’s changed, but so have the options available that are faster and better. Instead of having to have your tax refund prepared by the company offering the loan, you can now get an advance on your refund no matter how you file – or even if you haven’t filed yet! An online tax refund loan is the simplest, fastest way to get quick cash when you need it - and best of all it’s your own money. Most loans are borrowed, repaid, and that’s the end of the transaction, but with a tax loan you get the money back again after repaying it!

How To Get a Tax Refund Loan Using Just Your Smartphone

It’s true! You don’t need a full sized computer or even a laptop to apply for a tax refund loan. Technology is advancing at such a rapid pace, and phones are getting so very smart, that many of us are using our phone as our primary computer for many day to day tasks. Keeping in tune with these advances, the developers behind the scenes have made sure to keep up and improve the website to be “responsive,” a term used for websites that adapt to the type and size of screen they’re being viewed on, and look as clear and easy to read and navigate on a phone as they do on a standard monitor. All you need to do is direct your browser to the website, click the link to the application, and complete it as you would any other online form. The questions and text boxes will all be clear and easy to read and understand, unlike some websites that aren’t specifically designed to be phone-friendly. You’ll have it done just as quickly as you would on a regular computer and keyboard, and approvals will come in just as fast!

But Is It Really Safe To Get a Tax Refund Loan Online?

Income tax refunds are just the latest of many financial services being successfully and safely conducted via the internet these days. The evolution has been gradual but steady. First came ATMs and withdrawing money from a machine using a plastic card. Then we all got used to the idea of having our paychecks deposited directly into our bank accounts instead of provided to us as a paper check. In the 90s “check cards” became commonplace, and making purchases with a card that withdrew funds right from our bank account began to overtake the use of cash. As more of us began to get internet access in our homes, we began to do our banking online – and that’s when it really got interesting. Checking an account balance on our computer was simple enough, but what about paying bills? That took some getting used to – trusting that the funds would go from their source to their destination without error, and that you’d be properly credited – but we all do it now quite routinely. Making purchases online, using our bank account number or credit or debit card, are so commonplace that we can hardly remember what it was like not to be able to do so! Receiving a tax refund loan online is hardly any different than that, because the exact same type of security is used for loans as is used for banking and purchases. Secure encryption makes sure that the information can’t be accurately captured in transit, whether you’re paying the electric bill or applying for a tax refund loan!

There’s a Faster Tax Refund Loan – Apply Now! By Heather Wilson - 9/13/16

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