Refund anticipation loans offered by tax preparation services look tempting to the tax payers who prefer not arrive for a check from the federal government. Fees and a steep interest rate that is expected to receive a large chunk of the money to a borrower - but most of them with a big price.
Two nonprofit groups that have studied the loans - the Consumer Federation of America in Washington, DC, and the National Consumer Law Center in Boston - said in a recent report that the application for
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