eTax Loan - Frequently Asked Questions

We are here to help you get cash for emergencies. If you.re in need of answers about tax return loans, try our explicit FAQs below. Click on the topic of interest for more information about getting a loan that can help you get the money you need.

Tax Return Loan / Income Tax Loan. What is it?

A tax return loan is a short-term loan that is very useful as a means to get your income tax refund back within 24 hour. The amount of money loaned is based on the amount of money a person makes instead of the amount of their refund. It is perfect for people who have really bad credit or no credit at all. Many people who request income tax loans would not normally be able to obtain loans from a traditional bank.

What are the minimum requirements for getting income tax loans?

There are certain requirements one has to fulfill in order to receive an income tax loan. Borrower must:

• be a United States Citizen
• be at least 18 years old
• have a job that pays a certain amount of income
• have direct deposit to a bank account

What is the process for getting income tax loans?

Getting income tax loans are extremely simple. Most people get cash deposited directly into their account. It is not a long process. It is just a matter of filing out a form and getting approved. Once approved, your money will be transferred to your account.

What if I have a bad credit history?

There is no need to worry if you have a bad credit history. Even people with bad credit can get income tax loans. Many people who would not get the chance from a traditional bank, can get cash as early as next business day. Simply by filling out a form online, one can get access to money to pay back bills.

How long does it take to get an income tax loan?

It doesn't take long to get cash. It is really a matter of filling out a form online. The form asks very basic questions. Most times, people can get cash as early as next business day.

Will I need to print or fax anything?

Part of the advantage of these loans is that most of the participating lenders require no papers to be printed or faxed in order to request a loan. However it is important that you have a printer to print out the loan documents for your own records.

How much does it cost to get an income tax loan?

Your loan rate and fees will be determined during processing and will be clearly displayed with all loan terms on the participating lenders loan document that you will be required to e-sign in order to complete the loan applicaiton process. Please remember that we are not a lender and we do not provide lending services directly to consumers. Submitting your loan application through us incurs absolutely no cost. We are paid by the Direct Lenders or network of Participating Lenders to whom we refer you. Even if you turn down the loan or exit the process at any time, our service remains FREE of charge to you.

What is the repayment process?

The loan amount and loan fees are withdrawn from your checking account automatically on the due date of your loan by The Lender. You don't even need to think about it! You don't need to make any payments or visit any store. You can also request an extension if you need it by contacting your lender before the due date. Additional fees by The Lender do apply to loan extensions.

What happens if I am late on a payment or need to skip a payment?

Each Participating Lenders has their own policies pertaining to late payments. The Participating Lender's policy, including the additional charges you will incur, is detailed in the loan documents provided to you by your Participating Lender before you are requested to e-sign the loan. Once you have signed the Participating Lenders loan documents, you will be expected to understand and abide by the loan terms including the additional charges and/or interest if your repayment is late. If you are not able to make the payments timely, please contact your Participating Lending as soon as you are aware the loan will be late and work with them, but remember additional fees and interest may apply.

What if I don't make a payment at all?

Additional fees, and charges by The Lender may apply to you in the event that you do not repay your loan. Please remember that refusal or failure to pay may result in legal action against you by The Lender in an attempt to collect the loan amount, interest and costs of collections.
It.s important to remember that we are not a lender and do not provide lending services directly to consumers.

Is there an option to refinance an existing loan?

Loan renewal policies are largely governed by State statute. In states where rollovers or extensions are allowed, interest rates, and late fees may be added to the original loan amount and that can result in a substantial increase to the amount you will be required to payback. Again, be sure to read the Participating Lenders loan terms in carefully and thoroughly before signing the initial loan contract.