bring in your last pay stub and in 24-48 hours you will receive a first advance loan ral. so ,I wait two days . I call several times to this company and all they can tell me is the bank is closed until jan 2,2007. they do not have any checks. that chase bank was closed today ... What in the hell am i suppose to .. I think they are arip off....
2006-12-29 19:14:09 · 3 answers · asked by zebra 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Yes, they are a rip-off and you found out the hard way.
I know it is hard to accept when we are being bombarded with adverisements for "easy money" but the best way is to wait until you have your W-2's and other tax information. Then go to a CPA or tax preparer and have the refund sent to them. You can then have your preparation fees deducted from the refund and get a check for the balance. Please note that not all CPAs will offer that service and there is often an additional charge for it.
Are you confident enough to do your taxes yourself? If so, and if you can back out of this arrangement with the tax prep office, go to irs.gov on January 12th and click on the FreeFile icon. Depending on your circumstances, you may qualify to file your return electronically for free. Otherwise it will be a small cost, usually less than $20. If you elect on your tax return to have your money deposited to your bank account, you will receive the refund in 8-15 days. Returns accepted by Thursday of one week will be deposited on Friday of the following week. Some states will do it even quicker.
2006-12-30 02:28:25 · answer #1 · answered by skip 6 · 1⤊ 0⤋
Depending on the state you live in, you may have the right to rescind the loan by returning the check to the tax office where the loan was originated and not be charge the interest rate.
You signed the loan application several days ago. If you receive the check, ask how the interest is computed. They should not be charging you interest for the time your money was not available to you.
If they don't do right by you, file a complaint as provided for in the loan application.
2006-12-30 13:15:33 · answer #2 · answered by ninasgramma 7 · 1⤊ 0⤋
Well you got that one right.....you have been ripped off. Anyone that uses these type of advanced loans is either crazy or stupid. In either case rest assured you will get taken to the cleaners. You have little recorse. Sorry!
2007-01-01 01:03:34 · answer #3 · answered by wph00 4 · 0⤊ 1⤋