Tax refund loans are short-term loans you can take out before you get your tax refund. Also called tax refund anticipation loans, these loans are offered by companies that prepare income tax returns. You may have to pay a fee for your return to be prepared, and you may also be charged interest and fees on your loan. You should avoid these costly loans whenever possible.

Our research, news, ratings, and assessments are scrutinized using strict editorial integrity. Our editorial staff does not receive direction from advertisers on our website or our Partnerships Team. Our company may receive compensation from partners seen on our website. Here's how we make money.