How to H&R Block Emerald Advance Loan Guide.
The H&R Block Emerald Advance Loan is a short-term loan offered by Pathward, N.A., with loan amounts ranging from $350 to $1,500. Here’s what you need to know:
Key Features:
- Loan Amount: $350 to $1,500
- Annual Percentage Rate (APR): 35.9%
- Repayment Term: Loan must be repaid in full on or before March 31, 2026
- Late Fee: $30 late fee if the loan is not paid in full within 14 days of the due date
Eligibility Requirements:
- Age: At least 18 years old (19 years old for Alabama and Nebraska residents)
- Physical Address: Must have a physical address
- Valid Government-Issued ID: Must provide a valid government-issued photo ID
- Active Email Address: Must have an active email address and access to a mobile device
- Income Verification: May be required to provide income verification by connecting virtually to your bank or payroll provider
How to Apply:
- Create a MyBlock Account: Save time by creating a MyBlock account before your appointment.
- Make an Appointment: Schedule an appointment at a participating H&R Block location.
- Meet with an H&R Block Associate: Discuss your loan options and apply in person.
- Provide Required Documents: Bring a valid government-issued photo ID and a copy of your most recent pay statement or other proof of current income.
How to Receive Funds:
- Emerald Card: Load funds onto a reloadable prepaid debit card
- Spruce Account: Deposit funds into a full-service mobile banking app
Repayment Options:
- Online Payment: Pay using any debit card by logging into MyBlock.com
- Phone Payment: Pay with any debit card by calling 1-800-472-5625
- Mail Payment: Make a check or money order payable to Pathward and mail it to the specified address
Frequently Asked Questions:
- Do I need to file my taxes with H&R Block to be approved for a loan? No, you are not required to file your taxes with H&R Block to be approved for a loan.
- Can I apply online? No, you need to apply in person at a participating H&R Block location.
- Is there a prepayment penalty? No, there are no pre-payment penalties for making early payments or paying off the loan in full before the due date.
Additional Information:
- The Emerald Advance Loan is an unsecured loan, and collateral is not required.
- Loan amount and approval are based on assessment of your creditworthiness.
- Both credit and non-credit information, such as credit history and ability to repay, are considered in the loan decision.
If you’re considering applying for the H&R Block Emerald Advance Loan, carefully review the terms and conditions to ensure it’s the right fit for your financial needs.
Frequently Asked Questions (FAQs) about H&R Block Emerald Advance
Q: What is H&R Block Emerald Advance?
A: H&R Block Emerald Advance is a short-term loan offered by Pathward, N.A., with loan amounts ranging from $350 to $1,500.
Q: How do I apply for H&R Block Emerald Advance?
A: You can apply for H&R Block Emerald Advance by visiting a participating H&R Block location and speaking with a representative.
Q: What are the benefits of H&R Block Emerald Advance?
A: The benefits of H&R Block Emerald Advance include fast access to cash, flexible repayment options, and no credit check required in some cases.
Q: What are the loan amounts for H&R Block Emerald Advance?
A: The loan amounts for H&R Block Emerald Advance range from $350 to $1,500.
Q: What is the APR for H&R Block Emerald Advance?
A: The Annual Percentage Rate (APR) for H&R Block Emerald Advance is 35.9%.
Q: Can I apply for H&R Block Emerald Advance online?
A: While you can start the application process online, you’ll need to visit a participating H&R Block location to complete the application.
Q: What are the repayment options for H&R Block Emerald Advance?
A: H&R Block Emerald Advance offers various repayment options, including online payment and payment by phone.
Q: Is there a late fee for H&R Block Emerald Advance?
A: Yes, there is a $30 late fee if the loan is not paid in full within 14 days of the due date.
Q: Can I get H&R Block Emerald Advance if I have bad credit?
A: H&R Block Emerald Advance may be available to individuals with bad credit, as a credit check may not be required in some cases.
Q: How do I contact H&R Block about Emerald Advance?
