Losing with Refund Anticipation Loans
Every year, millions of Americans take out loans on their tax refunds... and every year tax preparation companies rake in millions in interest and fees. But these controversial loans haven't escaped the notice of consumer advocates, and now Uncle Sam is weighing in.
Every year, millions of Americans take out loans on their tax refunds… and every year tax preparation companies rake in millions in interest and fees. But these controversial loans haven’t escaped the notice of consumer advocates, and now Uncle Sam is weighing in.
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This story is linked to with a thumbnail of '193/365 - f-you uncle sam.' by Flickr user B Rosen.