Government To Banks: Why Are You Making Predatory Loans With Taxpayer Money?

Government To Banks: Why Are You Making Predatory Loans With Taxpayer Money?

The bailed-out banks have found a new way to annoy the government, according to the Congressional Oversight Panel, the body named by Congress to oversee the federal bailout. Chair of the committee and friend of the blog, Elizabeth Warren, is concerned that the same people who are subsidizing the banks are being targeted by abusive lending practices, says the Wall Street Journal

Corruption: Mystery Shoppers Expose Refund Anticipation Loan Abuse

Corruption: Mystery Shoppers Expose Refund Anticipation Loan Abuse

As an educated consumer you may wonder why people would choose to use a Refund Anticipation Loan when they can e-file and receive their refund in only a few days.

Don’t Get A Refund Anticipation Loan

Don’t Get A Refund Anticipation Loan

Tax time is coming up and the National Consumers League is busy wildly flapping its arms to try to warn you off applying for a Refund Anticipation Loan this year.