Tax refund loans: What they can cost, how some hidden rules can surprise you

Try to cover your holiday spending by taking out a loan against how much money you might get for your tax refund next year? Oh, it's being suggested all right.

The early tax refund advance season hits in December, months before many people would actually receive tax refunds after filing their 2024 federal income tax returns next year. But amazingly, it's just in time to fill Santa's sleigh.

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