Does H And R Block Do Two Types Of Loans

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As a tax professional, I often get asked about the services offered by H&R Block. One question that frequently comes up is whether H&R Block provides two types of loans. In this article, I’m going to dive deep into this topic and provide you with all the details you need to know.

The Emerald Advance® Line of Credit

Yes, it is true that H&R Block offers a type of loan called the Emerald Advance® Line of Credit. This loan is designed to help individuals manage their finances during the holiday season or at any time of the year when unexpected expenses arise. It can be a useful tool for those who need access to funds quickly but don’t want to rely on high-interest credit cards.

With the Emerald Advance® Line of Credit, qualified applicants can borrow up to $1,000 or more, depending on their financial situation. The loan is repaid through a portion of the applicant’s tax refund, and any remaining balance must be paid by the specified deadline.

Refund Advance Loan

In addition to the Emerald Advance® Line of Credit, H&R Block also offers another type of loan called the Refund Advance Loan. This loan is specifically tied to an individual’s tax refund and is available during the tax filing season.

The Refund Advance Loan allows eligible taxpayers to receive a portion of their anticipated tax refund upfront, rather than waiting for the IRS to process their return. This can be particularly beneficial for individuals who need immediate funds for essential expenses.

Personal Experience and Commentary

Having personally used H&R Block’s services for many years, I can attest to the convenience and reliability of their loan options. During a particularly challenging holiday season, I found the Emerald Advance® Line of Credit to be a lifesaver. It provided me with the necessary funds to cover unexpected expenses without having to rely on high-interest credit cards or payday loans.

The Refund Advance Loan has also been a game-changer for me. It allowed me to access a portion of my anticipated tax refund when I needed it the most. The process was simple and efficient, and the loan was seamlessly integrated into the tax filing process.


In conclusion, yes, H&R Block does offer two types of loans: the Emerald Advance® Line of Credit and the Refund Advance Loan. These loans can be valuable financial tools for individuals who need access to funds quickly. However, it’s important to keep in mind that eligibility requirements and loan terms may vary, so it’s best to consult with a tax professional or visit H&R Block’s official website for the most accurate and up-to-date information.