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When you take out a refund anticipation loan, you are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan.If your refund is delayed, you may have to pay additional costs.YOU CAN GET YOUR REFUND IN 8 TO 15 DAYS WITHOUT PAYING ANY EXTRA FEES AND TAKING OUT A LOAN.OTICE CONCERNING TAX REFUND ANTICIPATION LOANS. When you take out a refund anticipation loan, you are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan. If your refund is delayed, you may have to pay additional costs.
Upon signing up for a tax refund loan, you will be charged a sign up fee of about $30 to $90 and a large financing fee. As mentioned above, you also will have to have your taxes prepared at the locale that offers the loan, and preparation fees and filing fees are not cheap either.n short, there is no doubt that tax refund loans are expensive for consumers and profitable for banks, but if you need they money, then you need the money. Other Considerations. If you are thinking about obtaining a tax refund loan, consider just how immediate is your need for the cash.