Visit jacksonhewitt. Most offices are independently owned and operated. Same tax facts must apply. Must file with Jackson Hewitt. Subject to eligibility, approval, and factors including tax refund size. APR is The amount of the loan and loan fee will be deducted from tax refunds reducing the amount paid to the taxpayer. Go Big Refund Advance Loans are available to qualified borrowers starting on January 2, , through January 31, The amount of the loan and any applicable loan fee will be deducted from the tax refund and reduce the amount paid directly to the taxpayer.
Fees for other optional products or product features may apply. Tax returns may be filed electronically without applying for this loan. Availability and loan amount subject to ID verification, eligibility criteria, and underwriting standards. Disbursement rules apply. So, unlike other Refund Advances, this is a way to access money before your W-2 is available in January or later. Clients can apply for the Go Big loan when they file taxes in January.
To complete your Refund Advance application, you had to file your taxes with your W2 s or other income verification by Jan 28, to be eligible to apply for the No Fee Refund Advance loan.
It depends on which Refund Advance loan you choose, and amounts are subject to change from season to season. In , the Go Big Refund Advance loan had a finance fee of 2. Depending on the loan duration, the effective APR of the loan would vary. Based on a loan duration of 30 days, the 2. The amount you owe would be deducted directly from your tax refunds, if sufficient. If your tax refunds are insufficient to pay your loan in full, future returns filed with Jackson Hewitt may be applied to repay the outstanding loan balance, if applicable.
Can I see how much I may qualify for before coming into Jackson Hewitt to complete my taxes? Online prequalification is no longer active, but this feature will be available again next year. Returning clients may receive direct communication about their prequalification amounts. This is an estimate based on limited information and could change when more information is available after you complete your tax return with Jackson Hewitt.
If you were approved for a Refund Advance loan and chose to have it disbursed via an American Express Serve Card, you would have received the loan amount from within minutes to 24 hours of making your loan choice if applicable ; or, if you chose Direct Deposit, you would have received the loan amount within one to five business days after making your loan choice if applicable.
Early Refund Advance Loans are offered prior to filing your tax return and you are not required to provide all information necessary to file your tax return to apply. When the loan program is active, you must provide your most recent pay stub or equivalent form of evidence of income so Jackson Hewitt can most accurately estimate your tax refund.
To complete your Refund Advance application, you must file your taxes with your W2 s or other income verification before February 28, at Jackson Hewitt. Will applying for a Refund Advance loan impact my credit score? Clients can be approved for a Refund Advance loan even if they do not have a credit history. In , they considered criteria such as:. Information about the Early Refund Advance loan will be available in November For tax year , all you needed was your pay stub or other proof of income to start preparing your taxes at Jackson Hewitt.
The offer is available beginning January 4, Usually, the funds are accessible on the day of approval. TurboTax offers a tax refund advance loan issued by First Century Bank. Borrowers receive a Turbo Visa Debit card with the loan amount preloaded.
The company's website says that the funds are usually available within three hours. Market Realist is a registered trademark. All Rights Reserved.
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