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    no1photogirl's Avatar
    no1photogirl Posts: 10, Reputation: 1
    New Member
     
    #1

    Dec 29, 2007, 08:02 PM
    Need an advance.
    I'm in the process of moving and found a property that I anticipate moving into shortly. To avoid my family from having to move out of state until the middle of Jan. I was thinking about getting a loan from H&R block or Jackson Hewitt, as I believe I understand a lot of places are not doing RAL - which I really don't want to do. I only need about $600.00.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Dec 29, 2007, 08:28 PM
    I understand all of the normal places are doing advance loans, there are some places that were sued over the interest rates and false advertising, so some places may not be.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Dec 29, 2007, 08:31 PM
    Both of those firms are not lenders. An RAL requires a pending refund.
    no1photogirl's Avatar
    no1photogirl Posts: 10, Reputation: 1
    New Member
     
    #4

    Dec 29, 2007, 11:05 PM
    I understand that some places have their own lenders in place - any recommendations - and would it be wise to use two places if the fees are not nominal?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

    Dec 30, 2007, 12:20 AM
    Any of the places you have in mind will charge you an outrageous rate of interest.

    Have you considered a community bank or Credit Union?
    no1photogirl's Avatar
    no1photogirl Posts: 10, Reputation: 1
    New Member
     
    #6

    Dec 30, 2007, 06:41 AM
    That's a thought, but unfortunately, I'm not in a position to do that.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #7

    Dec 30, 2007, 08:37 AM
    That is unfortunate!

    You may want to look at a credit card advance. That interest is high as well, but NOT as high as the sources you are proposing.
    no1photogirl's Avatar
    no1photogirl Posts: 10, Reputation: 1
    New Member
     
    #8

    Jan 22, 2008, 01:19 PM
    Thanks for your help, we were able to work it out and break up the payments.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #9

    Jan 23, 2008, 01:32 PM
    Glad to help!

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