Can I get a refund advance from my tax refund?

Can I get a refund advance from my tax refund?

REFUND ADVANCE

Yes, you are able to get an advance against your tax refund. Terms Apply. Approval Required. You are able to get a refund advance up to $6,000. 

The Refund Advance is an optional tax-refund related loan provided by Pathward, N.A., Member FDIC (it is not the actual tax refund) at participating locations. Program availability and loan amounts may vary based on state and software provider. The amount of the loan and applicable interest will be deducted from tax refunds and reduce the amount that is 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. Loans offered in amounts of $250 (where available), $500, $1,000, 25%, 50%, or 75% of your expected tax refund up to $7,000, with interest-based applicants receiving an average of $2,003.41; $7,000 available only to well-qualified applicants with a minimum expected tax refund of $9,569. Underwriting standards subject to change. When calculating the amount of your loan, the amount of your “expected” tax refund may be affected by any refundable tax credits and fees. Loans in the amounts of $250, $500, and $1,000 have an Annual Percentage Rate (APR) of 0.00%. Loans in the amounts of 25%, 50% or 75% of your expected tax refund have an APR of 36.0% with a minimum loan of $1,250. For example, $2,500 loan representing 50% of expected refund borrowed over 31-day term, total amount payable in a single payment is $2,576.44 including interest. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards.

FEES

There are some fees to keep in mind to receive a refund advance. 
  1. LOAN FEE. Damian Fields assesses a non‑refundable loan processing fee of $75. This fee applies to all applications, whether approved or denied.
  2. DIRECT DEPOSIT. No Fee.
  3. IN-OFFICE CHECK: $35 FEE
  4. APR. 0-36% depending on the amount borrowed as set forth above. 
All fees, interest and loan balances will be deducted from your tax refund before the final amount is transferred to you.