STOCK TITAN

In a Year of Unexpected Events, H&R Block Could Fill the Financial Gap

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

H&R Block (NYSE: HRB) is offering approved applicants access to up to $1,000 through its Emerald Advance line of credit, available until January 9, 2021. This initiative aims to alleviate financial burdens amid the ongoing challenges of 2020. Applicants must provide a current pay statement and photo ID at H&R Block tax offices, where strict COVID-19 safety measures are in place. Credit is subject to bank approval, with the typical first draw loaded onto an Emerald Card.

For more details and to apply, visit the Emerald Advance website.

Positive
  • Emerald Advance line of credit provides up to $1,000 to approved applicants, aiding financial relief.
  • COVID-19 safety protocols are in place, ensuring a safe application process.
Negative
  • Emerald Advance line of credit is subject to approval, which may limit access for some applicants.
  • Limited promotional period (11/9/2020 – 1/9/2021) may restrict potential borrowers.

KANSAS CITY, Mo., Dec. 16, 2020 (GLOBE NEWSWIRE) -- In a year like 2020 filled with the unexpected, H&R Block (NYSE: HRB) knows the need for money can arise. Now through January 9, 2021, those who are approved could have access to up to $1,000 with an H&R Block Emerald Advance® line of credit.

“People have a lot to worry about right now and we want to help ease the financial burden they may be facing,” said Les Whiting, chief financial services officer for H&R Block.

Applying for Emerald AdvanceSM line of credit – COVID-19 safety precautions in place
The Emerald Advance application is available in H&R Block tax offices. To apply consumers will need to bring a current pay statement and photo ID.

Office safety measures are in place, including disinfecting high-touch areas, social distancing and plexiglass dividers. Those who are high risk and need to take additional COVID-19 precautions, can request an after-hours appointment.

The Emerald AdvanceSM is offered by MetaBank®, N.A., and is based on bank approval. Approved applicants typically leave the office with the first draw loaded to their Emerald Card.

Learn more or make an appointment at the Emerald Advance website.

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation, financial products and small business solutions. The company blends digital innovation with the human expertise and care of its associates and franchisees as it helps people get the best outcome at tax time, and better manage and access their money year-round. Through Block Advisors and its Wave subsidiary, the company helps small business owners thrive with disruptive products like Wave Money, a small business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.

*If approved for an H&R Block Emerald Advance®, your credit limit could be between $350-$1000.

H&R Block Emerald Advance® line of credit, H&R Block Emerald Savings® and H&R Block Emerald Prepaid Mastercard® are offered by MetaBank®, N.A., Member FDIC. Cards issued pursuant to license by Mastercard International Incorporated. Emerald AdvanceSM is subject to underwriting approval with available credit limits between $350-$1000. Fees apply. Offered at participating locations. Promotional period 11/9/2020 – 1/9/2021. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. OBTP# B13696 ©2020 HRB Tax Group, Inc.


FAQ

What is the Emerald Advance line of credit offered by H&R Block (HRB)?

The Emerald Advance line of credit allows approved applicants access to up to $1,000 to help ease financial burdens.

What are the application requirements for the H&R Block Emerald Advance (HRB)?

Applicants need to provide a current pay statement and photo ID at H&R Block tax offices.

What safety measures are in place for applying to Emerald Advance (HRB)?

H&R Block has implemented COVID-19 safety measures, including disinfecting, social distancing, and offering after-hours appointments for high-risk individuals.

How long is the promotional period for the H&R Block Emerald Advance (HRB)?

The promotional period for the Emerald Advance line of credit runs from November 9, 2020, to January 9, 2021.

Is the Emerald Advance line of credit from H&R Block (HRB) guaranteed?

No, the Emerald Advance line of credit is subject to bank approval based on individual credit assessments.

H&R Block, Inc.

NYSE:HRB

HRB Rankings

HRB Latest News

HRB Stock Data

7.39B
135.45M
1.17%
95.23%
8.47%
Personal Services
Services-personal Services
Link
United States of America
KANSAS CITY