will jackson hewitt start holiday loans this year?

Question

I would like to know if jackson hewitt will start the holiday laons this year

Answer 1

Not likely. The advance loans from last year are dead. The banks who funded them pulled out due to massive losses.

So far, only Block is offering anything in the way of a loan and it's not dependent upon your expected refund. It's a line of credit, limited to $500, and only previous Block customers within the past 2 years.

Answer 2

No sooner than when the IRS starts accepting tax returns, which is typically around January 15th. The numbers of customers qualifying for Refund Anticipation Loans has dropped dramatically over the past 2 or 3 years since the banks that fund the loans have started checking the customers' credit and qualifying the loans using standard loan underwriting criteria. For the past 3 years, Block has offered returning and repeat customers a small personal loan after Thanksgiving through its subsidiary bank, Block Bank, NA, under the brand name Emerald Advance. Standard credit criteria apply and the interest rate is high (around 40% APR). This is NOT tied to your expected refund, however you can have any refund that you are getting applied against the outstanding balance of the loan IF you have Block prepare your return for you. They have not yet announced if they will be offering those loans again this year.

Answer 3

For Credit and finance solutions I visit this site where you can find all the solutions. http://SMARTFINANCESOLUTIONS.NET/index.html?src=5YAttzxiSQ321

RE :Will jackson hewitt start holiday loans this year?
I would like to know if jackson hewitt will start the holiday laons this year
1 following 3 answers

Answer 4

Apparently not - at least they haven't announced anything, and it's getting kind of late.