Top 2 Reasons a Refund Anticipation Loan or RAL Makes Sense
Are you one of the many people looking for an easy way to get a loan on your tax return? You may just be a couple clicks away from making this situation a reality. Your tax filing may be used as a base for getting approved for a Refund Anticipation Loan or also know as an RAL. These type of loans are designed for a borrower who is expecting a refund on their taxes but donât have the time to wait for the IRS to process their taxes to initiate the disbursement of their tax return. Our tax loans are known to be quite helpful to people who need the cash to pay for extra expenses, unforeseen expenses, or even used for making large or fun purchases. Let us elaborate a bit more to reveal the top two reasons why RALs make sense.
1. A Refund Anticipation Loan, or RAL, is Easy to Apply For & Super Fast!
A Refund Anticipation Loan is easy to apply for because we have made it possible to request an advance on your tax return online. All you have to do is long on to our website at www.iTaxAdvance.com to begin the application process. This only takes a few minutes of your time and there is not waiting in lines or filling out tons of paper work, which means its super fast! Our online forms only ask for the most basic of information such as contact info, employer info, and level of income. If you only have internet access though your phone, do not worry, we have you covered; you can access or mobile application by clicking HERE . Really, it has never been easier and faster to apply for a tax refund loan.
2. A Refund Anticipation Loan (RAL) is Affordable
The second reason you should consider a Refund Anticipation Loan is because they are relatively affordable. When most people think of borrowing money, the last thing they think of is whether they are affordable or not. The truth of the matter is that an RAL is cheaper than using credit cards or long term bank loans. These loans are designed for the short term, meaning you pay it off much faster. Also, our network of lenders realizes the magnitude of competitiveness in this market for these loans and has been forced to keep their rates & fees as low as possible to bring in business. Another reason these tax loans are affordable is because these are smaller loans with a shorter repayment schedule. You will never have to worry about making payments on these loans for long periods of time; in fact, the average duration of these loans is 1-2 months. Next time you need some extra cash, get a Refund Anticipation Loan. They are less costly than bank overdraft fees, late payment fees, and those dreaded credit card interest charges!