No More Refund Loans

By: Channel 6 News Email
By: Channel 6 News Email

The refund loans that taxpayers could get from H&R Block won't be available next year.

The tax preparation company says it is getting more new clients and the demand for the loans has dropped.

And the IRS told the company that supplied Block with the loans to stop making them.

Only one bank is able to back those loans for next year.

That company supplies loans for Jackson Hewett.

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