It's a loan you can apply for that will get you a partial amount of the refund they anticipate you will get. You have to have your paycheck stub to get it though. I know it starts around the holiday time, but I was wondering when?
2007-11-09 04:11:30 · 8 answers · asked by stuck@work 2 in Business & Finance ➔ Taxes ➔ United States
Jackson Hewitt isn't offering any type of loan this year. National bank chains like HSBC have quit funding these loans. H&R Block opened a bank of their own last year. So they are able to offer an alternative. H&R Block is offering a "line of credit" for prior H&R Block clients only. You must have had your return prepared by any office in 2005 or 2006. The line of credit is up to $500 and there will be a $30 charge for it. See your local office for more details. I believe that it starts December 10th.
2007-11-09 13:59:45 · answer #1 · answered by Fool in the Rain 6 · 1⤊ 0⤋
NO. I don't understand why anyone would want a loan from there income tax refund when you can get the original refund with in 6 weeks from the date of filing and 2-3 weeks if electronically deposited. You have done with out the money all year whats a few more weeks.
2007-11-09 21:42:31 · answer #2 · answered by Ms. Angel.. 7 · 0⤊ 0⤋
FoolInTheRain,
Thanx for that info. I called yesterday and the lady was acting as if she couldnt give much info but said to call in a few weeks and something may be going down December 1st. Didnt say anything about being a prior customer or anything. I did wonder if they might offer something since they have their own bank. And lucky for me I've used them for almost 10 years.
To the other person, yea people have done without it all year, but some people, like myself, have situations that happen that put them in an impossible situation and need immediate help. I personally dont care about the fees. They disclose all that information before I sign my name so I have nothing to complain about.
2007-11-10 13:36:50 · answer #3 · answered by PuterChickFL 2 · 3⤊ 0⤋
Due to new finance laws, Santa Barbara Bank and Trust will not permit Holiday Loans anymore. The earliest you can file is mid-January when e-filing begins. RAL or 24-hour loans will be offered, except to military, again new finance laws (interest rates exceed limit set by Congress).
2007-11-09 13:55:33 · answer #4 · answered by rob b 3 · 0⤊ 0⤋
well for Jackson Hewitt there are two really the first was in November called holiday loan. but they aren't doing it anymore.
The other is an anticipation loan. That one started in early January. I don't know if they are still doing that one.
2007-11-09 16:33:25 · answer #5 · answered by Ivy 4 · 0⤊ 1⤋
i know h&r block isnt doing it this year but they did say they are going to do somthing around dec 1 about a credit you will hve to cll them to get more info though hope it helps
2007-11-09 19:11:05 · answer #6 · answered by hickykitten 2 · 1⤊ 1⤋
HR Block isnt doing it this year.... dont know itf it is just this area or not, but they said they discontinued it....
2007-11-09 12:17:30 · answer #7 · answered by rollins_freak_21361 3 · 0⤊ 1⤋
The bank that did them has discontinued them this year.
2007-11-09 12:18:58 · answer #8 · answered by Judy 7 · 0⤊ 1⤋