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I was talking to TT on yesterday about my refund advance loan. He seen where I was pre-approved. He did mention a term SCB canceled it. What does that mean?

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1 Reply
NicolleR1
Employee Tax Expert

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If they mention that SCB appears “canceled” it's often because the bank declined your request.


Even your refund is still coming, just not in the early advance.

 

Some of the most common reasons for cancellation are:


 

  • The IRS may have rejected your return, or your return may contain errors.
  •  If any information on your return changed after you were "pre-approved," the loan may be denied.
  • The bank was unable to verify your identity. 

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