A Refund Advance Loan is a short-term loan that gives you access to your anticipated tax refund early. This can be particularly useful for managing immediate financial needs or unexpected expenses. Essentially, it’s a way to receive part of your refund before the 1RS processes and delivers it.

Eligibility is determined by our third-party banking partners and is based on factors such as your expected refund amount, identity verification, and compliance with underwriting standards.

Most Refund Advance Loans are advertised as having 0% APR making them an attractive option for quick access to funds without the burden of high-interest rates or additional charges. However, it’s important to read the terms and conditions to understand any potential costs fully.

Once approved, you can typically access your Refund Advance Loan funds within 24 hours. Some providers may even offer same- day funding, making it a convenient option for urgent financial needs.

The loan amount is automatically repaid from your tax refund once the IRS processes it. This means you won’t need to worry about making separate payments—the repayment is handled seamlessly through the tax preparation service you used.

A Refund Advance Loan usually does not affect your credit score, as it is based on your expected tax refund and not your creditworthiness. The primary factors are the anticipated refund amount and meeting the provider’s eligibility criteria.