Stopping The Tax Scheme

CFPB, Navajo Nation Team Up To Put An End To Tax Scheme Targeting Low-Income Consumers

CFPB, Navajo Nation Team Up To Put An End To Tax Scheme Targeting Low-Income Consumers

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]