Refund Anticipation Loan

Refund Anticipation Loan resources for both Federal and State Tax Refund Loans.


Does the government owe you money? Need it now?

Refund Anticipation Loan – you can get it Now!



A refund anticipation loan (RAL) is a loan when a taxpayer is expecting a tax refund and is often used to get fast access to money they are owed.

Often you can get your money weeks or even months faster than waiting for the government and the IRS to issue a tax refund, process it, send it…

Deserving people can have access to funds immediately which is helpful in many cases such as:

  1. Car payments
  2. Emergency or overdue medical bills
  3. Credit payments
  4. Credit card payments
  5. Mortgage payments
  6. Other debts
  7. Vacations

Once you have your money the loan depends on how long you have to wait while the IRS processes your income tax return.

You can hold on to the cash that would be offered by a RAL, use it for bills or whatever is needed.

Even if you have an earned income credit, you can be owed a large refund – even if the maximum advanced earned income credit is paid.

Refund Anticipation Loan – how fast?

You can apply online and usually you can get cash fast! The most common is 24 to 48 hours after you apply for loan funds up to a week or two and you can pick up your check in a store or have the money loaded on debit card!

Need it faster? New programs are out that give immediate e-filing of your tax return, provide you with a paper-check or debit card and ofter they require NO up front fees!

Refund Anticipation Loan – fees?

Qualified taxpayers can apply for a RAL and depending on the type of RAL you can have ZERO upfront fees. Nothing out of your pocket!

You can even get your tax return done without upfront costs because you can pay your fees with your refund which will be deducted from the loan amount.

The bank fees are deducted from the refund amount and the balance of the loan is given to you. Once the IRS processes your tax return, your refund is used to pay back your loan and your tax preparation and any other fees.

Refund Anticipation Loan Benefits

There are many benefits to a RAL:

  1. Get your money Fast!
  2. Pay nothing up front – have tax prep fees deducted from your funds
  3. Application process is easy – usually the preparer or company will walk you through the process
  4. Avoid check cashing fees when you have the funds loaded on a debit or MasterCard/Visa

A Refund Anticipation Loan is a fast, convenient way to get the cash you need and deserve. Check out your online options to get the best deal!

Share