32.4K views
Not resolved
92 comments

I recieved a letter with a plastic card included with information about the H&R Block Emerald Advance. Which, yes on approved credit, based on what your antisapated tax return will be, will loan you up to $1000.

I brought all the information and papers needed to my H&R Block agent. I was told to antisapate a return of $8,470.00. How ever my loan was denied within 2 seconds of my agent pressing the send button.

My agent said (I quote) "I'm sorry your loan wasn't approved. It's sad 80% of the loans aren't. I've only had one approved that I have done. People get their hopes up and well...you should get your w-2's soon."

80%!!!!

Why even bother to waste the paper and plastic cards with loans % like that!!!

Monetary Loss: $1000.

Had an Experience with Hr Block?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Anonymous
Los Angeles, California, United States #597949

I don't understand why people get so ticked off.This is a loan from A BANK!!!!

If you walked into your own bank and tried to get a loan with bad credit, would you still feel the same way?????Stop blaming H&R Block for your bad credit. and PS they have checked credit for YEARS! They are just putting more stock into it. My husband was pre approved this year and we have HORRIBLE credit.

All we had to do was go in sign a couple of papers. They didn't even check and see if we were getting any money back. As for 80% of people not getting it where do you live ?????? Cause I know tons of people that got the LOAN this year.

It just completely cracks me up that people blame a BANK for not getting a loan.:grin

Anonymous
to Anonymous Saint Petersburg, Florida, United States #658319

Actually you are wrong.This is not a traditional loan that is subject to credit approval like loans from other banks.

Your tax return can be used to pay this back.

I use it every year for Christmas and I have not once been denied AND my credit is shakey at best.Just sayin'....you are wrong.

Anonymous
to Jimmy #766965

Actually your the one who is wrong. The GOVERNMENT stopped refund anticipation loans a couple years ago! It's called Emerald Advance Line of Credit now.

Anonymous
to Jimmy Stephenville, Texas, United States #926832

Actually not wrong.They even tell you that the bank checks credit.

We get over 8,000 back every year and never qualify for the loan. But we both have *** credit, so I can't be mad.

And yea last year we were told the same...less than 20% qualify, usually because they didn't work the full year, as was my case 2 years ago.That's the insufficient cash flow code people are talking about.

Anonymous
to mccrimm #1073125

H&r block confirmed that anticipation loans are no longer allowed and that it is traditional loan that you have the "option" to pay with your tax return you don't "have" to. So yes you are wrong

Anonymous
to Anonymous Greensboro, North Carolina, United States #764702

what about us that have A1 credit and get denied? HELLO!!!!!!!!!!!

Anonymous
to Anonymous #1247754

If you would read the comments... no it dosent just go by credit!

Anonymous
Lafayette, Louisiana, United States #583043

How much u have to make to get the loan ??????

Anonymous
#582113

I have always been approved for the Emerald Advance.However, if your student loans are delinquent and show up on your credit report that loan may not be approved.

That's the reason mine was not. It makes sense though if the government is going to take the student loan. How does H&R Block know they will get their money back.

Listen sometimes in life there is another door the blessing needs to come through.Just be encouraged and trust The MOST High who is also known as Jehova Jireh.

Anonymous
to Soneta Phoenix, Arizona, United States #597883

You claim your always approved and then you say you were denied!!! Which is it? Looks like your student loans are a waste of money and time!!

You May Also Like

Wall And Associates - Tax Help That Did Not Happen Review Wall And Associates "i was lied to by mr vincent washington on 02/16/17 mr told that his tax audit law firm representive i signe the cantract with 500 initial fee . 6 hours..." Read more Hr Block - Never Trust H&R Block as a TAX Preparer Hr Block "I left home on April 18, 2017 going to my regular tax preparer that I had been using for years. I looked at the windows of the place that I..." Read more Darrell Braham, from Datatax 2000 Inc. Was Good,  But Not Anymore! Datatax 2000 "I have been using his Income Tax Preparation Services ever since I was living out in Miami Beach, Florida from around the year of 2003 up to Monday, November..." Read more Hr Block - Tax Software Review from Mckeesport, Pennsylvania Hr Block "What a joke. Bought this software because my girlfriend recommended it, turns out she was very wrong. First of all I got emails from them saying "act now for our..." Read more Ctrip - Overcharged in Airfare Ctrip "Ctrip's website has stated very clearly as "Airline Deal" which is direct sale from Airline; same price as Airline's site (as per their website). When I downloaded the receipt from..." Read more When Best Buy delivery is SO bad, you take your money to Sears Best Buy "Last week of August 2017 to September 18 2017 . Boyfriend and I go to best buy to purchase a refrigerator, given that our fridge is dead and only the..." Read more The Bradford Exchange United Kingdom - Very Poor Product The Bradford Exchange United Kingdom "I purchased a Gold plated ring from them last October for a 60th Birthday present for my mum. She didn't start wearing it until 6th December and it already looks..." Read more One World Van Lines - Had I known I would havve Run as fast as I could One World Van Lines "No interstate license at time of move. No proof of weight Cost increased over $1000 dollar Unlike the first report I would have been better off if they had cancelled...." Read more