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Salon
Salon
Politics
Zina Kumok

Tax advance refund loans come with risks

If you're one of the millions of people who get a tax refund every year, you probably want it sooner rather than later. Depending on whether you file your taxes electronically or through the mail, it can take weeks or even months to get your refund.

That’s where tax refund advance loans come in. Tax prep companies will prepare and file your return and provide your tax refund amount as a loan that you can access almost instantly.

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