What are the pros & cons of getting a \”fast cash\” tax return loan?
Thursday, November 13th, 2008 at 8:20 pm
Looking For Cash Day Advance Loan Reports
I’m in a pinch and I know that my tax return money will easily cover this tough time. How much do preparers usually charge for this type of advance? What if the estimated return is incorrect? Than!ks
Filed in: Cash Advance Type
November 14th, 2008 at 5:39 am
You pay interest at around 35%. Can you wait patiently for 2 to 3 weeks to get your refund? Most people can use Turbo Tax on-line for free. Go to turbotax.com
November 17th, 2008 at 2:01 am
First off it depends on how much a return you are expecting and how complicated your taxes are. If you are a W-2′d employee with not deduction etc then you should expect to pay about $40-60 to get your taxes done. Which in my opinion is a total rip off. If you own a home or have a compicated return then you will pay from $100 Up to $350
Also keep in mind that most of these “quick tax return” places have a maximum amount they are willing to “Lend” you. Yes they are lending you the money. You basically assign your government check over to them so the governement just sends it to them. Keep in mind that they all charge a fee for this loan.
Good Luck
November 19th, 2008 at 12:13 pm
All cons. The price is sucker bait. You can have all your money in less than two weeks by efiling.