Is it true that if you have filed in the past w/h&r that you can get 1/2 before x-mas???.?

Answer 1

H&R Block will be offering the Emerald Advance line of credit beginning on Dec. 10. It is a line of credit up to $500 that you pay down over time, and can pay off with your refund if you choose. One of the qualifications is that you have filed your return with H&R Block (either in an office or online) for either 2005 or 2006, but even if you didn't, you can go in and get a free pre-paid MasterCard with $5 on it.
This is not a loan, it is a line of credit that is issued through the H&R Block Bank. HSBC (the lender H&R and Jackson Hewitt both use) is not offering the holiday loans of the past.
In many cases, you will be able to use this as a year-round line of credit. Let me know if you need more information, or go to HRBLOCK.com to find an open office location near you.

Answer 2

HSBC bank, who previously funded these loans, has backed out of doing them due to people not repaying these loans. Therefore, Jackson Hewitt and Liberty Tax service are unable to offer any type of holdiay loan or even the paystub loan. H&R Block opened their own bank last year so they are able to offer a similar product for their clients only. They are limiting the loan to prior clients only because it's less risky. More than likely, if someone has been a prior client, they will return and repay the loan. You must have had H&R Block prepare your tax return in 2005 or 2006. The line of credit is for $500 and there is a charge for it. And the interest rates are not above the federal maximum. It starts around December 10th. Check your local office for details

Answer 3

The former "holiday" loan programs have been discontinued by the banks that supported them at H & R Block.

Answer 4

Call them and ask. They do have some kind of line of credit advance going. Be aware of how much you'll pay in interest and fees for it though.

Answer 5

It could be true. However, I bet its not worth the fees that you will pay.