This time of year people are always wondering should I use my tax refund for payday loans or should I just keep making payments on them?
We have a simple and direct answer to them, NO!
We see people do this every year and a person can use this money in much better ways and accomplish paying off those payday loans all at the same time!
Let’s take a look at how e can take a tax refund and turn it into a goldmine of help!
Why Not pay Off The Loans?
Well, I never said not to pay off the loans!
What I said was no to paying off the loans with your income tax refund.
Why not get the most out of your money by paying off these loans for a considerable discount and maybe have some of that tax refund left to spend on other things like fun stuff!
Let me explain!
So many people get their tax refund and dump the whole thing on their outstanding payday loan debt.
While the hope is this will pay down and possibly eliminate one or more outstanding payday loans many times it does not end up that way!
What usually happens is there will still be an outstanding balance on one or more of the loans and within a month these loans are right back out of control due to the high-interest rates charged and unexpected expenses people incur.
Where do you end up?
Well, you still owe a bunch of payday loan debt and you now have no cash from your income tax return.
Now, what if I told you there was a much better way to handle this whole situation and come out with little or no payday loan debt and a very manageable bi-weekly or monthly payment on any outstanding balance that might be still owed PLUS, you would still have your income tax refund?
Sounds like a pretty sweet way to handle this but I know you are asking how this can be done so let’s take a look!
Do you want to know how we do this?
It is really no secret and t is the smart way to approach out of control payday loan debt.
We have put together a plan that works and saves you a ton of money while at the same time cleaning up your past due loans and you do not have to dump your tax return onto this debt!
Check out our Payday Loan Repayment Plan and see how we do it!
Now you know that your tax refund and payday loans can go together quite nicely!
So here is your chance to not only keep your income tax refund and spend it the way you choose you can also clear up all of that payday loan debt for a huge discount!
Enjoy your refund and as always we want to hear from you!
Please leave any comments or questions below and we will address them promptly!