What Is Easy Advance?
Easy Advance is a one-time loan that is not designed for long-term use. Your Easy Advance is subject to the signature and approval of the Republic Bank & Trust Company. You may receive a lower amount of Easy Advance than requested. The financial burden will be assessed based on the value of the approved loan. Generally, your income will be delivered to you within 24 hours of Acceptance from the Internal Revenue Service (IRS) from the tax return; there will be no collection activity for unpaid taxpayers.
Easy Advance is guaranteed and repaid with a refund of taxes, but it is not your actual tax refund.
Upon receipt of a state or federal tax refund, EA is reimbursed by deducting the loan amount and the financial reimbursement fee. After repayment, the defecting amount of the return is paid to the taxpayer for the same payment option chosen for the EA revenue.
You can submit your tax return in electronic form and ask the IRS or the State to send the tax refund directly to your existing account without requiring a simple down payment.
According to the IRS, if you submit an income tax return electronically and you do not get one In advance, you can expect to receive a tax refund within 21 days by direct deposit or by post. However, the IRS will not start issuing refunds before February 15 for the income tax return on the income tax credit (EITC) and the extra child tax credit (ECTC). If you send your e-mail and do not receive Easy Advance, you can expect to receive a tax refund within six weeks by direct deposit or by post.
Who Is Eligible To Request An Easy Advance?
To be eligible to apply for EA, the intended federal reimbursement must be equal to or greater than the minimum net compensation after all the authorized fees have been deducted.
To receive an Easy Advance, it is not necessary to choose a refund transfer.
To qualify for Easy Advance, the federal reimbursement must be above the minimum threshold established after the deduction of the authorized rates. Also, information on the tax return and credit agency will be assessed to determine the likelihood that it will be financed by the IRS. Your application for the Easy Advance program can be denied if you have a criminal child or unpaid taxes, student loans or other federal debts.
If approved, the repayment of the amount of the easy Advance loan and the financial burden will be paid upon receipt of the 2018 tax refund, the IRS and/or the tax authority of the state that will reduce the amount of the reimbursement received from the IRS and/or the state. The rest of the refund will be paid in the same way as it was selected in the Contract and Agreement on banking products.
LOAN AMOUNT FINANCE CHARGE APR
US $ 6,000 US $ 104.00 24.33%
US $ 3,000 US $ 76.44 35.77%
US $ 2,000 US $ 50.96 35.77%
US $ 1,500 US $ 38.22 35.77%
US $ 500 US $ 12.74 35.77%
You can close Easy Advance within 48 hours of receiving Easy Advance income by contacting Republic Bank.
If you are refused, you will not be charged a financial charge for Easy Advance Tax Refund and will still be sent to Republic Bank and will be paid in the same way you select in the application and acceptance of banking products. If you have been refused and have requested an Easy Advance and a refund, you will still be received, and you will be reimbursed.
Your tax adviser pays a commission to the Republic Bank & Trust Company for each approved Easy Advance. It is forbidden for your tax preparer to pass this tax on to you. The IRS or the state tax authority do not guarantee the amount or time of reimbursement.
An easy down payment can cost more than other sources of credit. Before enrolling in Easy Advance, you should consider whether an Easy Advance is consistent with your personal needs and financial circumstances.
Information On The Delivery Method:
If you choose an Easy Transfer Advance, there are no repayment payment options available for easy entry. The repayment of the advance and taxes is a direct deposit or a prepaid card.
If you choose a repayment transfer in addition to Easy Advance, the payment options are checks; Direct deposit; Prepaid card; or Walmart Direct2Cash4. You will receive the Easy Advance and Refund Transfer entries with the same delivery method.
If you choose a prepaid card and is approved for a simple deposit, a monthly $ 5 plan fee will start 30 days after receiving the Easy Advance payment, and the first Cash Advance Fee will be canceled at the counter.
Important information for joint collectors:
All Easy Advance applications are made individually, so only a taxpayer can submit a request.
It is only your choice to determine who is applying for Easy Advance.
Only the name of the candidate will appear on the Easy Advance control.
Freedom Tax Center