With the exception of stores in a handful of states, tax filers at Jackson Hewitt stores will be able to get a small advance on their federal refund in 2015.
Online, Jackson Hewitt says that those with a refund due of at least $1,000 can potentially qualify for a $200 advance. I say potentially because it does appear that the company intends to vet their applicants. At our local store, though, the story was slightly different. The refund has now grown to $500 with the condition that approved filers are due at least $1,500.
Until this recent change, Jackson Hewitt's advance was only a fraction of the sum available at the independent preparers who had signed up to work with Refundo. Refundo's advance is $500. But of note, Jackson Hewitt is claiming a quicker turnaround. Our local store said that the $500 could be available in just three to four hours.
Online disclosures purport that 1st Money Center is the actual offeror of the loan.