2015 Taxes, Tax Refunds, Tax Refund Loan Alternatives
Many taxpayers, upset at the delay, may consider offers to get their refund money sooner by way of other sources sources, such as short time loans with no prepayment penalty. In recent years, this has become a growing trend as Americans rely more and more on their tax refunds to cover necessary expenses.
However, if instant cash is more a desire than a need when considering a waiting it out for the tax refund, consider these alternatives to the short-term loan
E-Returns. Forego the paper return sent via the U.S. mail and file from your computer. You'll get the money much faster. You may not even need to pay for anything. The IRS has partnered with selected tax preparers and software companies to offer free online tax preparation and e-filing to some taxpayers. For the 2015 filing season, the Free File program is available to individuals with adjusted gross income of $60,000 or less.
Additionally, the IRS expanded the online program to include taxpayers who make more money. Via the Free File Fillable Tax Form option, anyone, with any income, can enter their tax data onto online forms and then file them for free directly with the IRS. These are only blank fillable tax forms, not to be confused with tax software.
The IRS says that any e-filing option you use will get you your tax refund much more quickly than mailing a paper return. The agency also points out that the error rate is less than 1 percent for electronic filers.
Direct Deposit. Whether you are filing electronically or mailing in paper tax returns, choose the direct deposit option. According to the IRS, this, too, will greatly reduce the time you have to wait for your refund money. It’s also added protection against lost or stolen refund checks sent through the mail.
Store Financing. If you are in dire need of a product/appliance, find a store that offers financing. They often have pricing and low rate specials. Many stores offer free financing for limited time periods, which would be a great option. By then, the refund should have arrived and you can use it to pay off the store credit, interest free!
Be Patient. Whether the tax money is for needs or wants, patience is advised but not always viable option, particularly if your annual tax refund being used to cover necessary living expenses, schooling, or an unexpected emergency.
Ultimately, waiting for your refund or taking out a loan in the interim is a personal preference, not a fiscal issue, for taxpayers. The prospect of cash a few days earlier appeals to those who value speed over cost. Companies that offer easy approval, fast cash, reasonable rates, and no prepayment penalty are always an option.
At Coastal Title Loans & Finance, LLC we offer fast friendly service, and all you need to provide is the title to your car, and leave the rest to us. No credit check, cash in minutes, keep and drive your car (because you need it!), no prepayment penalty, and the lowest rates guaranteed.
So, if you just cannot wait for that refund money, and need cash fast, with no questions asked…Call us for more information at 714-701-8555 or visit www.coastaltitleloans.com and apply!