Smartest Ways to Use a Tax Refund Loan Right Now

Did you know you can get a tax refund loan at the end of the year? It doesn’t have to be January through April 15 to qualify for one of these loans. You can take advantage of all its benefits right now. And it especially makes sense to do so if you know a refund will be coming eventually, once you get around to filing. Now is a great time to get the cash so you can enjoy the end of the year and worry about taxes in January. Here are some great ideas for what to do with it.

Pay off Student Loan and Other Debts with a Tax Refund Loan

The end of the year is a great time to clear out debt and give yourself a fresh start for January. Whether it’s student loan debt, credit card debt, or other kinds of debt that is hard to get rid of, you can really benefit from either clearing it totally or taking a big chunk of it out right now. It will relieve some stress and help you feel better about moving forward next year. And, if you have a tax refund owed to you in the coming year, you know where the cash to repay this loan will come from. Now is always a good time to do what you can to get rid of damaging, expensive debt.

Get Great Post-Holiday Deals with a Tax Refund Loan

As the holiday season wraps up at the end of the year, you’re likely to be out of cash. Christmas and New Year’s celebrations are expensive. But this is also a good time of year for big sales. You could take advantage of the great deals retailers are offering, and ultimately save money, but only if you have the cash. With a tax refund loan you can actually get those deals. Use the quick cash to jump on sales and save money in the long run.

Use a Tax Refund Loan to Cover Last Minute Holiday Costs

It may be that you’re not even done paying for holiday expenses yet. That can be a real burden when you’re running short of cash and there is no holiday bonus at work. You don’t want to disappoint your family or miss out on holiday fun, but what can you do without money? A tax refund loan is something you can use now in order to cover the rest of those necessary holiday expenses. Buy a few last minute gifts, get gas for the car to get to family events, and make sure you and your family have a great Christmas.

To get a tax refund loan right now, head online or download the free mobile app. You’ll be asked to fill out a short application, and once you submit that you will get matched to the right lender for your needs. You don't need to show a lot to get approved or have a great credit score, so don’t be afraid to try.

Smartest Ways to Use a Tax Refund Loan Right NowBy Mindy Lobo - 1/1/19