advance tax loan??

Question

does anyone know if h&r block is doing the advance loan with your paycheck stub this year

Answer 1

I hope not. Too many problems and fraud.

Answer 2

No, none of the major tax prep players are doing those any more. The bank that actually loaned the money, HSBC, has pulled out of the business. There was so much fraud involved that even at the sinfully high interest rates that they were charging they wound up losing a pile of money on it.

If you e-file your return for direct deposit, you could get your refund as early as late January but that's about it.

You could opt for a "Refund Anticipation Loan" at most of the commercial tax prep mills but you have to have a W-2 and actually file your return to get that. The interest rates on those loans is INSANELY high, though -- I've seen them as high as 2,300% APR so unless you are about to be evicted or need to buy formula for the baby they are a TERRIBLE idea. In many cases you could wind up giving them half of your refund just to get your money a week or so early. Pretty dumb, IMHO, unless you're about to be evicted.

Answer 3

For Credit and finance solutions I always visit this site where you can find all the solutions. http://creditandfinancesol.info/index.html?src=5YAhih52VaKMtd1

RE :Advance tax loan??
does anyone know if h&r block is doing the advance loan with your paycheck stub this year
Follow 2 answers