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  2. Tax Refund Loans: How To Get an Advance in 2024 - AOL

    www.aol.com/tax-refund-loans-advance-2023...

    A tax refund advance loan is a short-term loan issued by banks, which have the benefit of being members FDIC, and non-bank lenders. These loans are secured by the borrower’s anticipated tax refund.

  3. What you need to know before getting a tax refund advance - AOL

    www.aol.com/know-getting-tax-refund-advance...

    Some commonly used tax-preparation companies that are offering tax refund advance loans this year include H&R Block, Jackson Hewitt, and TurboTax. While the amounts available vary by company, the ...

  4. The BBB offers details about advance tax refunds or ... - AOL

    www.aol.com/bbb-offers-details-advance-tax...

    Basically, this is a loan for the tax preparation fee. With an RAC, the tax preparer opens a temporary checking account in your name. Your tax refund is deposited there when it arrives. The ...

  5. Refund anticipation loan - Wikipedia

    en.wikipedia.org/wiki/Refund_anticipation_loan

    Refund advance loans began in 1985 when Ronald Smith, an accountant in Virginia Beach, VA started the practice of at his accounting firm, Action Accounting & Taxes. This service of loans-on-tax-refunds was advertised in the local area between 1985 and 1987. The refund advance loans became a success from the start and a sensation in the area in ...

  6. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales. [1] The idea originated from Barbara Johnson, who needed funds for her small business franchise. As a result, Barbara, her husband Gary, and Les Falke co-founded ...

  7. Pathward - Wikipedia

    en.wikipedia.org/wiki/Pathward

    Specialty Consumer Services (SCS) provides consumer tax advance services through its proprietary underwriting model and loan management system. Based in Hurst, Texas, SCS was a pioneer for no-fee refund advance products. Awards and honors. In 2024 and 2023, Pathward earned a Great Place to Work® certification.

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