Payday Loans Versus Tax Refund Loans in Kansas City

This describes payday loan cash advance loans in Kansas City and how it compares to a tax refund loan for Kansas City. Which is better?

In tough financial times, more people are looking for ways to stretch each paycheck. This can be especially hard when an unexpected expense or an emergency stretched your already-thin finances. Many consumers have turned to payday loan cash advance Kansas City companies or tax refund loans when this happens.

But which is better?

Cash advance loans Kansas City are short-term loans that are typically taken in advance of your next paycheck. On your payday, you can then pay the money back. You know how much you’ll be getting with very few gray areas, so it’s not hard to plan accordingly with your loan.

In contrast, a tax refund loan is a short-term loan that borrows against your anticipated tax refund check. When your refund check is finally sent, the portion that you borrowed is reserved minus the interest you were charged for taking it out. The problem with these loans is that you don’t know how much your tax refund will be. It’s all estimated. If it’s lower than you expected, you might not be able to pay back the loan. There are also tax preparation fees, finance charges, administrative fees, and processing charges in addition to the loan interest to be paid.

A payday loan from a reputable lender only charges you interest and you know ahead of time that you won’t be over-borrowing. You have next to no risk and customer support to contact if you have questions. Payday loan cash advance Kansas City lenders, such as Waldo Financial, are generally considered the safer and more reliable solution when you need quick cash.

This article described payday loan cash advance loans and tax refund loans in Kansas City. When you’re in need of a payday loan cash advance in Kansas City, please visit Waldo Financial. Apply online or call them at (816) 333-6800.

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Tax Refund Check Cashing Alternatives to Banks In Kansas City

This income tax refund checking article describes how many people in Kansas City are cashing their checks without a bank and why.

If you are waiting for the arrival of a tax refund check, it can be disappointing – if not detrimental – to be unable to cash the check when you receive it. This commonly happens to many people who attempt to cash their tax refund checks at a bank. Banks are not required to cash tax refund checks and many times refuse to do so for those who are not account holders.

Why Banks May Refuse To Cash Your Tax Refund Check

Most banks offer check cashing services to their customers. However, many do not provide this service to those who are not account holders. If you do find a Kansas  City bank that offers refund check cashing, you may encounter a variety of stipulations. Identification is required at most banks for non-account holders, which you may not have.

If the tax refund check is for a large amount, bank policies may allow a suspicious teller to refuse to cash it.  The same thing may happen if a joint tax refund check is cashed by only one of the payees. In the case of estate refund checks made out to many recipients, the bank may refuse indefinitely, forcing you to request a check reissue from the IRS.

Alternative Tax Refund Check Cashing Services

Whatever the case is, you don’t have to wait if you don’t want to. There are tax refund check cashing businesses available in Kansas City that are an alternative to banks.  Businesses like these are becoming more common as banks continue to reduce available services to those who don’t have accounts.

Check cashing companies can also cash refund anticipation loan checks. They often offer other services, as well, such as payday loans and money transfers.  It should be noted that cashing a check at these businesses will include a fee of some sort. All reputable check cashing services will provide quotes upon request.

Waldo Financial, the leading refund check cashing service in Kansas City, cashes refund checks of all amounts and provides quotes over the phone. Call them at 816-333-6800 for pricing questions, the cashing process, or answers to other questions you may have.

This income tax refund checking article described why so many people in Kansas City are cashing their checks without a bank these days.

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How to Cash a Joint Taxes Refund in Kansas City

This income tax refund article describes how to cash a joint tax refund check in Kansas City.

Both the state and federal governments issue income tax refund checks for the past year. If you have filed a joint return with your spouse, both your names will be on the tax refund check. In order to cash it once you receive it, you and your spouse will both have to sign the check to validate it.

Refund check cashing in Kansas City is easy and relatively quick. Couples have the choice of several venues in which to cash their refund check, including banks and check cashing outlets.

In the majority of cases, you will need to have a bank account to cash your tax refund check at a Kansas City bank. Some banks will, depending on their policies, cash refund checks for non-account holders. Both you and your spouse will need a social security card and a state-issued identification.

It is best to sign the tax refund check in the presence of the bank teller.  This helps to eliminate any suspicion, especially in thee case of large tax returns. Those couple who have a joint bank account may be able to deposit the tax refund into their account without having to sign it in the presence of a bank employee.

If you don’t have access to a bank account, shared or otherwise, or would simply like your cash immediately without the bank’s holding time, Kansas City has several tax refund check cashing businesses. These allow you to cash your refund check immediately with no hassle and a small fee.

Waldo Financial, as Kansas City’s leading check cashing service, has been providing these services and more since 1999. Like all reputable refund check cashing businesses, they offer quotes of their fees over the phone. They also provide other valuable cash services, such as payday loans.

Give them a call today at 816-333-6800 for any questions or concerns you might have about the tax refund check cashing process in Kansas City.

This income tax refund article described how to cash a joint tax refund check in Kansas City. Let Waldo Financial of Kansas City help you with your income tax refund check cashing.

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Do You Need A Bank Account to Cash Your Taxes Refund in Kansas City?

This income tax refund check cashing articles describes whether or not you need a bank account when it comes to cashing your tax refund check in Kansas City.

A bank account provides many conveniences to its customers but, in today’s economy, not everyone has access to one. Even if you do not have a bank account, you can still find tax refund check cashing services in Kansas City.  While you may be charged fees and expenses that bank accounts do not require, check cashing businesses and other money services will be able to give you instant access to your tax refund.

Some Kansas City banks may allow you to cash your tax refund check, even if you do not have an account. However, since banks are not required to do so, it may be a long and unrewarding search for the one that does. Even then, the bank may require specific forms of identification that you may not have.

If you don’t have a bank account, you probably know someone who does. Asking a family member or friend to cash your tax refund check is an alternative means of obtaining your money. Your friend or family can cash the check or deposit it and give you the cash. All you need to do is endorse the refund check before turning it over. However, depending on the bank’s policies, this may not be permitted. In some cases, large tax returns cashed or deposited by someone other than the recipient causes suspicion and a banks won’t cash them.

Because of these restrictions, many people choose to cash their tax return check at check cashing service businesses.  Many areas in Kansas City have at least one check cashing business. They not only offer refund check cashing but other money services, such as payday loans, as well.  Some fees do apply, for which you can get quotes.

As you look at Kansas City check cashing services, choose a business that is reputable, generally one of those that has been in business for a long time. Waldo Financial is one of these, offering check cashing services since 1999.  Waldo Financial cashes all kinds of checks in any amount for reasonable fees. Give them a call at 816-333-6800  if you have any questions or concerns.

This article described tax refund check cashing services in the Kansas City area and whether or not you need a bank account when cashing your tax refund check.

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