Comments on: Refund Anticipation Loans Suck http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/ Your Money. Your Career. Your Life. Tue, 14 Oct 2008 07:02:05 +0000 http://wordpress.org/?v=abc By: Patrick http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-7731 Patrick Tue, 29 Apr 2008 03:56:41 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-7731 Low Income Family, If the money is needed immediately for living expenses or bills, then a RAL is not stupid. It is a necessity. However, I think those who pay an additional $75-100 (or more) to get their refund a week early so they can have drinking money for the weekend are leaving money on the table. And many of the people leaving money on the table are those who claim they "need" the money. There is a fine line between need and want. Those who need the money immediately pay the fees because they need to. Those who want the money immediately but choose not to wait are paying a price they did not need to pay. Low Income Family,

If the money is needed immediately for living expenses or bills, then a RAL is not stupid. It is a necessity.

However, I think those who pay an additional $75-100 (or more) to get their refund a week early so they can have drinking money for the weekend are leaving money on the table. And many of the people leaving money on the table are those who claim they “need” the money.

There is a fine line between need and want. Those who need the money immediately pay the fees because they need to. Those who want the money immediately but choose not to wait are paying a price they did not need to pay.

]]> By: Low Income Family http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-7726 Low Income Family Tue, 29 Apr 2008 02:37:50 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-7726 We are a low income family and always get a really great tax refund we get the RAL so we can get things our house might need or we might need and help out our other family members I dont see why the people on here don't think about those of us who don't have alot of left over money during the year and look foward to tax season-Some of us are not as lucky not to have to worry about when its coming-we live in our means and keep a budget-But this is well earned through the year and if you don't want to wait then you get a RAL or other quick refund system-So I don't think its Stupid or anything like that-And I cant belive any of you would say someone has a problem who cant wait!!!!!!!!! We are a low income family and always get a really great tax refund we get the RAL so we can get things our house might need or we might need and help out our other family members I dont see why the people on here don’t think about those of us who don’t have alot of left over money during the year and look foward to tax season-Some of us are not as lucky not to have to worry about when its coming-we live in our means and keep a budget-But this is well earned through the year and if you don’t want to wait then you get a RAL or other quick refund system-So I don’t think its Stupid or anything like that-And I cant belive any of you would say someone has a problem who cant wait!!!!!!!!!

]]> By: Even If You Owe Taxes, Get Your Economic Stimulus Check Faster | I've Paid For This Twice Already... http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6730 Even If You Owe Taxes, Get Your Economic Stimulus Check Faster | I've Paid For This Twice Already... Thu, 27 Mar 2008 09:01:41 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6730 [...] of receiving your refund, you’ll get a paper check for the stimulus check. Another reason why Refund Anticipation Loans are bad! Don’t do [...] [...] of receiving your refund, you’ll get a paper check for the stimulus check. Another reason why Refund Anticipation Loans are bad! Don’t do [...]

]]> By: Why I’m Not Getting a Refund Anticipation Loan or H&R Block Emerald Card http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6456 Why I’m Not Getting a Refund Anticipation Loan or H&R Block Emerald Card Tue, 18 Mar 2008 01:07:38 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6456 [...] of Cash Money Life also thinks refund anticipation loans suck. He mentioned the Jackson Hewitt RALs, but apparently they didn’t have pricing online. Shady? [...] [...] of Cash Money Life also thinks refund anticipation loans suck. He mentioned the Jackson Hewitt RALs, but apparently they didn’t have pricing online. Shady? [...]

]]> By: Avoid the instant gratification of refund anticipation loans - Smart Spending http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6245 Avoid the instant gratification of refund anticipation loans - Smart Spending Sat, 08 Mar 2008 00:20:57 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6245 [...] does Patrick at Cash Money Life really feel about tax refund anticipation loans? He writes, "The refund anticipation loan is quite possibly one of the worst things to happen to [...] [...] does Patrick at Cash Money Life really feel about tax refund anticipation loans? He writes, “The refund anticipation loan is quite possibly one of the worst things to happen to [...]

]]> By: Festival of Frugality #115 — Broke Grad Student http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6183 Festival of Frugality #115 — Broke Grad Student Tue, 04 Mar 2008 13:12:09 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6183 [...] about a Refund Anticipation Loan? Think twice. Cash Money Life explains why Refund Anticipation Loans Suck at Cash Money [...] [...] about a Refund Anticipation Loan? Think twice. Cash Money Life explains why Refund Anticipation Loans Suck at Cash Money [...]

]]> By: Sunday Morning Link Love ~ Voting Edition | I've Paid For This Twice Already... http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6151 Sunday Morning Link Love ~ Voting Edition | I've Paid For This Twice Already... Sun, 02 Mar 2008 16:27:23 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6151 [...] Cash Money Life: Refund Anticipation Loans Suck [...] [...] Cash Money Life: Refund Anticipation Loans Suck [...]

]]> By: Prime Time Money March Madness Roundup | Prime Time Money http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6140 Prime Time Money March Madness Roundup | Prime Time Money Sun, 02 Mar 2008 00:23:58 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6140 [...] 3: the fully funded emergency fund. Bible Money Matters presents 5 ways to make some extra money. Cash Money Life tells the truth about tax refund anticipation loans. Credit Withdrawal is giving away several [...] [...] 3: the fully funded emergency fund. Bible Money Matters presents 5 ways to make some extra money. Cash Money Life tells the truth about tax refund anticipation loans. Credit Withdrawal is giving away several [...]

]]> By: Weekend Roundup - It’s almost Spring! | beingfrugal.net http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6136 Weekend Roundup - It’s almost Spring! | beingfrugal.net Sat, 01 Mar 2008 12:01:27 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6136 [...] Refund Anticipation Loans Suck at Cash Money Life [...] [...] Refund Anticipation Loans Suck at Cash Money Life [...]

]]> By: Saturday Roundup The First One Edition | http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6133 Saturday Roundup The First One Edition | Sat, 01 Mar 2008 10:38:06 +0000 http://cashmoneylife.com/2008/02/26/refund-anticipation-loans-suck/#comment-6133 [...] Refund Anticipation Loans Suck at Cash Money Life [...] [...] Refund Anticipation Loans Suck at Cash Money Life [...]

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