Clients could prequalify in minutes and come in as early as December 19 to get money just in time for the holidays
JERSEY CITY, N.J., Dec. 3, 2018 /PRNewswire/ -- Jackson Hewitt Tax Service® continues to lead the industry with Refund Advance by offering qualified taxpayers the ability to choose the Refund Advance that's right for them. The tax services provider has announced that qualified clients could now choose among several Refund Advance options provided by MetaBank®.
Early Refund Advance is available to new and existing clients who could access up to $400 before W-2s are even available. Clients can stop by a Jackson Hewitt office with a pay stub, or other income verification, as early as December 19, 2018 to complete tax preparation and apply for the Early Refund Advance.
Once W-2s are available in January, qualified clients will have the choice between two Refund Advance options: the No Fee Refund Advance and the Go Big Refund Advance.
The No Fee Refund Advance offers clients up to $3,500 with no fee and 0% APR. The Go Big Refund Advance is a new product with larger loan amounts offered between $1,000 and $7,000, has a fixed APR of 35.9% for the life of the loan, and has interest accrual capped at 45 days. Clients who qualify for a Go Big Refund Advance will automatically be qualified for a No Fee Refund Advance and will always have the choice between both options.
Starting December 3, clients can visit JacksonHewitt.com to see if they could prequalify for a Refund Advance. All Refund Advance loan options will be automatically repaid from a client's tax refund.
"We listened to our clients and learned that they wanted access to larger loan amounts and more options, so we worked with MetaBank® to create the Go Big Refund Advance to help our clients get access to more money when they need it most," said Alan D. Ferber, CEO of Jackson Hewitt. "We know how important Refund Advances can be for hard-working Americans and we wanted to give our clients more ways to get access to money they need faster."
About Jackson Hewitt Tax Service Inc.
Jackson Hewitt Tax Service Inc. is an innovator in the tax industry, with a mission to provide its hard-working clients access to simple, low-cost solutions to manage their taxes and tax refunds. Jackson Hewitt is devoted to helping clients get ahead with Maximum Refund and 100% Accuracy Guarantees. With close to 6,000 franchised and company-owned locations, including 3,000 in Walmart stores, and online and mobile tax solutions, Jackson Hewitt makes it convenient for clients to file their taxes. For more information about products, services, and offers, or to locate a Jackson Hewitt office, visit www.JacksonHewitt.com or call 1 (800) 234-1040.
About Refund Advance
Must file with Jackson Hewitt. Subject to eligibility, approval, and factors including tax refund size. Unavailable in certain states/locations.
The Early Refund Advance, No Fee Refund Advance and Go Big Refund Advance are optional tax refund related loans (not the actual tax refund) provided by MetaBank®. The Early Refund Advance and No Fee Refund Advance are 0% APR, no fee loans. The Go Big Refund Advance is a 35.9% APR loan. For example, for the Go Big Refund Advance, for every $1,000 borrowed over a 24 day term, total amount payable in a single payment is $1,023.61 including interest. For these loans: Available at participating locations for a limited time. The amount of the loan and any applicable interest will be deducted from 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. Only $200–$400 available at no cost starting 12/17/18 with a paystub (or other acceptable income verification), and remaining amounts available upon filing tax return with Jackson Hewitt. Availability subject to identity verification, eligibility criteria, and underwriting standards. Disbursement rules apply. Funds loaded onto card within an hour and direct deposit next business day, unless impacted by IRS delays. Jackson Hewitt is a Rhode Island Licensed Loan Broker and holds other licenses (if required) for the locations where Go Big loan is offered. Go Big loan not available in all states. Visit www.jacksonhewitt.com/refund-advance for details. Most offices are independently owned and operated.
About Meta Financial Group, Inc.®
Meta Financial Group, Inc. ® (CASH) is the holding company for the financial services company MetaBank® ("Meta"). Founded in 1954, Meta has grown to operate in several different financial sectors: payments, tax services, national commercial lending, community banking, national consumer lending and insurance premium financing. Meta works with high-value niche industries, strategic-growth companies and technology adopters to grow their businesses and build more profitable customer relationships. Meta tailors solutions for bank and non-bank businesses, and provides a focused collaborative approach. The organization is helping to shape the evolving financial services landscape by directly investing in innovation and acquiring complementary businesses that strategically expand its suite of services. Meta has a national presence and over 1,200 employees, with corporate headquarters in Sioux Falls, S.D. For more information, visit the Meta Financial Group website or LinkedIn.