Jackson Hewitt has signed an amended agreement with Republic Bank & Trust to act as a partner for refund anticipation loans after the tax prep chains previous partner, Santa Barbara Bank & Trust, was forced to stop providing RALs.
The agreement allows Republic to act as the financial product provider for approximately 45 percent of Jackson Hewitts overall program for financial products, including RALs and assisted refunds, for the next three tax seasons. The fee structure will remain consistent for the 2010, 2011 and 2012 tax seasons.
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