EXHIBIT 12.2

BLOCK FINANCIAL CORPORATION
Computation of Ratio of Earnings to Fixed Charges
(Amounts in thousands)

	10/31/07			2007		2006		2005		2004			2003
Pretax income (loss) before change in accounting principle	$	(6,245	)	$	272,175	$	175,087	$	64,901	$	(24,675	)	$	(64,752	)
FIXED CHARGES:
Interest expense		26,906			63,039		76,504		79,662		43,744			59,065
Interest paid on deposits		28,039			27,475		—		—		—			—
Interest portion of net rent expense (a)		2,603			6,502		6,757		5,426		3,283			2,257
Total fixed charges		57,548			97,016		83,261		85,088		47,027			61,322
Earnings before income taxes and fixed charges	$	51,303		$	369,191	$	258,348	$	149,989	$	22,352		$	(3,430	)
Ratio of earnings to fixed charges:
Including interest paid on deposits (a)		—			3.8		3.1		1.8		—			—
Excluding interest paid on deposits (b)		1.7			5.3		3.1		1.8		—			—

(a) One-third of net rent expense is the portion deemed representative of the interest factor.

Note: In computing the ratio of earnings to fixed charges: (a) earnings have been based on income from continuing operations before income taxes and fixed charges (exclusive of interest capitalized) and (b) fixed charges consist of interest expense, interest paid on deposits, and the estimated interest portion of rents.

(a)	Fixed charges exceeded earnings by approximately $6.2 million for the six months ended October 31, 2007, approximately $24.7 million for the year ended April 30, 2004, and approximately $64.8 million for the year ended April 30, 2003.
(b)	Fixed charges exceeded earnings by approximately $24.7 million for the year ended April 30, 2004, and approximately $64.8 million for the year ended April 30, 2003.