KANSAS CITY, Mo, February 04, 2021 (GLOBE NEWSWIRE) – After a tough 2020, one thing can be really simple for taxpayers this year: getting quick access to money. Last year, more than 125 million people received a tax refund, with an average amount of over $ 2,500. The IRS recently announced that it won’t start processing refunds this year until Feb. 12, leaving people to wait several weeks for their money. However, millions of Americans could get the money now. With a prepayment loan offered at H&R Block (NYSE: HRB), approved customers can access up to $ 3,500 with 0% interest the same day they file their tax return.
“Too many Americans are struggling to make ends meet,” said Les Whiting, chief financial officer for H&R Block. “We’re here to help them get cash fast when they file their return with Block. and with all the tax changes due to the pandemic, we are encouraging people to file early. “
Taxpayers can apply for a prepayment loan in three easy steps:
|•||Step 1: Work with an H&R Block tax professional to prepare and file your tax returns.|
|•||Clients can work with a tax professional in an office or virtually with documents uploaded to a MyBlock account.|
|•||For in-person services, H&R Block has security measures in place for clients and associates, including deep cleaning of offices, frequent disinfection of highly affected areas, social distancing, plexiglass dividers and deposit services. Those at high risk and need to take extra precautions against COVID-19 may request an after-hours appointment.|
|•||Step 2: Until February 28, ask your tax professional to go through the prepayment request process.|
|•||Just like preparing for taxes, you can request a repayment advance virtually.|
|•||Step 3: If you are approved for a prepayment loan, get the money the same day.|
|•||Loan proceeds are loaded onto our convenient mobile banking solution, an H&R Block Emerald Prepaid Mastercard®, issued by FDIC member MetaBank®, NA, pursuant to license from Mastercard International.|
H&R Block can help reduce uncertainty and build financial confidence by helping Americans understand where they are today and what to do next. With H&R Block, people can file as soon as they have their tax documents, regardless of the date, and can quickly access the money with a prepayment loan.
Learn more about Repayment advance online.
About H&R Block
H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence to customers and communities around the world tax preparation, financial products and small business solutions. The company combines digital innovation with human expertise and the care of its associates and franchisees, as it helps people achieve the best results at tax time, and better manage and access their money throughout. the year. Through Block advisers and Wave, the company is helping small business owners thrive with disruptive products like Wave Money, a small business banking and accounting solution, and the only corporate bank account to automatically handle accounting. For more information visit H&R Block News or follow @HRBlockNews on Twitter.
This is an optional tax refund loan from MetaBank®, NA; it is not your tax refund. Loans are offered in amounts of $ 250, $ 500, $ 750, $ 1,250 or $ 3,500. Approval and loan amount based on expected repayment amount, eligibility criteria and underwriting. If approved, the funds will be loaded onto a prepaid card and the loan amount will be deducted from your tax refund, which will reduce the amount paid to you directly. Tax returns can be filed online without applying for this loan. Charges for other optional products or product features may apply. Limited time offer at participating establishments. HRB Maine license n ° FRA2. OBTP # B13696. © 2020 HRB Tax Group, Inc.
The prepaid card is issued by MetaBank®, NA, FDIC member, pursuant to license from Mastercard International.
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