Refund Anticipation Loans

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For Low-Income Neighborhoods, Tax Refunds with High Price Tags

Friday, April 15, 2011

Uncle Sam isn't the only one collecting money from New Yorkers this tax season. In low-income neighborhoods, a big bite of the tax refunds meant to put money back in the pockets of the working poor goes to tax preparers who offer quick money, but at a high price.

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