Sunday, August 14, 2011

Does anyone offer tax refund anticipation loans in November for 2007 taxes??

HSBC bank, who previously funded these loans, has backed out of doing them due to people not repaying these loans. H&R Block opened their own bank last year so they are able to offer a similar product for their clients only. You must have had H&R Block prepare your tax return in 2005 or 2006. The line of credit is for $500 and there is a charge for it. And the interest rates are not above the federal maximum. It starts around December 10th. Check your local office for details.

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