My husband was sent an email about TurboTax Flex Advance. It is a short-term loan that gets you money fast. Loan amounts range from $350 to $2,000 and must be paid back by April 1, 2026.

Key features and benefits

• Loan Amount: You can borrow between $350 and $2,000. You don't have to take the full amount available to you.

• Usage: You can use funds for personal, family, or household needs, like emergencies or shopping.

• Costs and Fees: There's no upfront fee to take out the loan. The Annual Percentage Rate (APR) ranges from 15% to 33%, depending on your financial situation. You pay only interest each month until the final due date. The loan principal and remaining interest are due in a final balloon payment on April 1, 2026. There are no prepayment penalties.

Eligibility

To be eligible, applicants must:

• Be at least 18 years old

• Be a US resident with a physical US address

• Have a US-issued Social Security number

• Have filed a federal tax return the previous year

• Not have an active TurboTax Flex Advance loan associated with their prior year tax return

• Not have been previously disqualified

• Have no outstanding loans with or facilitated by TurboTax

• Have a verifiable bank account

Approval and repayment

• Approval is based on prior-year tax return info, credit history, and cash flow data.

• There's no credit score impact to apply, but repayment may affect credit scores.

• You will receive a decision upon completing the application, typically within minutes.

• Funds are typically deposited within 1-2 business days.

• Interest accrues daily and is calculated based on the loan amount, term, and interest rate.

Managing your loan

You can manage your loan through the Loan Center, where you can:

• View loan details and payment schedule

• Make payments online

• Check loan balance and status

They just launched it last night, the Turbo Tax representative advised me. There is nowhere to find the link online just yet. Here is the link for anyone who wants to apply. https://turbotax.intuit.com/personal-loan/ Good Luck!