Get Up to $7000 in Tax Refund Loan

Get Up to $7000 in Tax

 

A Tax Refund Advance is a loan against your Tax Refund. Like any loan programs, there are interest charges and fees.

Depending on the amount you want to borrow, you may or may not be charge interest. The lower the amount you want to borrow, the likelyhood that you would not be charge for interest expense. However, if you decide you want the $7,000 offering, there is an interest charge in addition to the bank fee which is usually around $39.99.

Tax Refund Loan

Compare Tax Refund Loan Options
LA PREMIER Tax (esp Financial) Up to $7,000
Jackson Hewitt Tax Service Up to $6,500
Turbo Tax Up to $4,000
HR Block Up to $4,000

1 The Refund Advance is an optional tax-refund related loan provided by Pathward, N.A., Member FDIC (it is not the actual tax refund) at participating locations. The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is 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.

Loans offered in amounts of $150 (where available), $500, $1,000, 25%, 50%, or 75% of your expected from $150 – $6,000. The Loans in the amounts of $150, $500, and $1,000 have an Annual Percentage Rate (APR) of 0.00%. Loans in the amounts of 25%, 50% or 75% of your expected tax refund have an APR of 36.0% with a minimum loan of $1,250. For example, a $2,500 loan representing 50% of expected refund borrowed over 29 day term, total amount payable in a single payment is $2,571.51 including interest. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards. 2 Certain Refund Advance Loans are available at no cost to taxpayers, however other options include a consumer fee.

table chart Tax Refund Advance loan
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