where can I get a holiday tax loan?

Question

i previously have gotten ananticipated loan from jackso hewitt they are not doin it anymore and i need the money for bills and chritmas any ideas

Answer 1

Block is offering a line of credit to folks who have been customers for at least 2 years. It's totally separate from any return prep or filing. That's about it, other than the usual lending sources such as banks and fiance companies.

Answer 2

H&R Block is offering a $500 line of credit to prior clients who had their 2005, or 2006 returns filed. There's a $30 fee, plus up to another $30 in interest charged.

If you file your 2007 return in January (with your w-2's), H&R Block, and probably Jackson Hewitt as well, are still doing that kind of refund anticipation loan.

Best thing to do is sign up to have your paycheck direct deposited into a neighborhood bank or credit union. With direct deposit, many banks will agree to a small line of credit, like $300-$500.

Or, scan offers from online banks:
http://dir.yahoo.com/Business_and_Economy/Shopping_and_Services/Financial_Services/Banking/Banks/Internet_Banks/?skw=online+banks+%22line+of+credit%22
Some advertise a small line of credit for the holidays.

Apply for one or two store credit cards like JCPenney, or other department stores, or where ever you plan to Christmas-Shop. Look for credit cards that aren't tied to Visa or MasterCharge but adminstered by the retailer. The retailer is sometimes more likely to help you make payments on your purchase (you might get a 5-10% discount on the price of whatever you are buying, too) Be careful though because interest rates can be much higher than Visa and MC backed cards.

Ask your electric or gas company for a payment plan on your next bill. That could free up a little money for other things.

Of course, there's always the tried and true method, ask your friends and family for a loan.

Good luck.

Answer 3

holiday tax loans are not any help to anyone, why want one when Jackson Hewitt charges you are arm and a leg on the loan. try saving your spare change daily and by christmas you should have enough money to pay cash for your purchases.

Answer 4

The best answer is to plan ahead and start saving early for the holiday season. Anticipated tax refund loans or payday Loans are like legalized loan sharking. Don't do it.

Answer 5

You're probably out of luck as far as loans from tax preparers go. H&R Block is doing something this year, but I believe it's just for prior customers.

Answer 6

great answers for people who actually see spare change to save. What about the vast majority of us who are living from paycheck to paycheck? If we aren't complaining about the alleged highway robbery, why take away our only way make it through the holidays?