Taxpayers Warned of Refund Loans?

Summary


By Angela Carter Register Staff

Taxpayers stand to lose hundreds of millions of dollars from their refunds by using refund anticipation loans or another product known as refund anticipation checks offered by tax preparers and their partner banks, according to data released Tuesday by consumer advocates.

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Extract


Taxpayers Warned of Refund Loans?

Using the most recent data available from the Internal Revenue Service, the National Consumer Law Center and...

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