Nearly four years after tax refund anticipation loans were all but removed from tax preparation offices, similar costly financial products continue to be offered to many low-income consumers in need of a cash infusion before their tax refund actually hits the bank. This appears to be the case for a loan company accused of providing thousands of refund anticipation-like loans with hidden fees to people living in and around the Navajo Nation. [More]
Navajo nation
Navajo Nation, Urban Outfitters Settle Lawsuit Over Clothing Designs
By 11.18.16
Urban Outfitters is no stranger to accusations that it’s ripped off designs belonging to others, or offended an entire culture with its clothing, but it can now put one more of those claims behind it after settling a lawsuit brought by the Navajo Nation in 2012. [More]
CFPB, Navajo Nation Team Up To Put An End To Tax Scheme Targeting Low-Income Consumers
By 4.14.15
For many low-income consumers, tax time provides an opportunity to catch up on bills and get back on track financially. Unfortunately, there are unscrupulous companies out there that aim to make money of these same consumers by pointing them in the direction of high-cost tax-refund-anticipation loans. That appears to be the case for the owner of New Mexico-based H&R Block franchises and a tax-time loan company operating an alleged illegal tax-refund scheme. [More]
