what are the disadvantages of an advance refund loan
If you are low on cash and cannot wait for your refund to pay off some bills, a refund anticipation loan could certainly fill that role. While cash advances on a paycheck could pay for small bills that are due very soon, if you have a larger sum to pay off and no other way to do so, a refund advance loan could be very helpful. Con: Interest and Fees. Unfortunately, the interest ad fees associated with these types of loans can be quite high.