Jul
07

Will a payday loan in default affect my ability to get a tax refund loan?

By
payday loan

I currently have a payday loan that is way past due ( they still call but have not sent to collections yet ). I need to know if this will cause me to be denied a refund anticipation loan. Anybody have experience with this situation? I plan to pay this off with with my tax refund. I reside in Indiana if that helps……

Quick House Sale
Categories : payday loan

5 Comments

1

If there is ANYTHING worse than a payday loan, it is a refund anticipation loan. Just WAIT the 2 or 3 weeks for your actual refund.

2

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3

Why get an anticipation loan? You’re costing yourself a LOT of cash with those. If you’re diligent and file your income taxes quickly, you can get your refund within 2 weeks (if you get it electronically) – that’s without having to pay anything more than the e-file fee (which can be free with tax prep software purchases of $20 or so. This is A LOT cheaper than the advance loans places will cost you and with the software you will do just as good of a job.

Also, a good resource is…

Best of luck to you.

4

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