Refund Loans Are Not Free Money: The Truth About Tax Refund Advances and Their Real Cost
Every January, tax companies aggressively advertise “Refund Advances” or “Refund Loans.” They promise instant cash — sometimes within the same day — making it sound like a free shortcut to your refund.But these refund loans… Refund Loans Are Not Free Money: The Truth About Tax Refund Advances and Their Real Cost