End of the Rapid Rip-Off: The NCLC/CFA 2011 Refund Anticipation Loan Report
The post End of the Rapid Rip-Off: The NCLC/CFA 2011 Refund Anticipation Loan Report appeared first on Consumer Federation of America.
View ArticleConsumer Advocates Applaud H&R Block Decision to Forego RALs
Consumer advocates at the National Consumer Law Center (NCLC), Consumer Federation of America (CFA) and Community Reinvestment Association of North Carolina (CRA-NC) cheered the announcement by H&R...
View ArticleConsumer Groups Praise FDIC Settlement to Stop RALs
Advocates at the Community Reinvestment Association of North Carolina (CRANC), the Consumer Federation of America (CFA), and the National Consumer Law Center (NCLC) applauded the FDIC’s settlement with...
View ArticleONE LAST BITE: FINAL YEAR FOR BANK TAX REFUND ANTICIPATION LOANS
Contacts: NCLC: Jan Kruse or Chi Chi Wu, 617-542-8010 CFA: Jean Ann Fox, 928-772-0674 ONE LAST BITE: FINAL YEAR FOR BANK TAX REFUND ANTICIPATION LOANS Consumer Advocates Recommend Cheaper...
View Article2012 CFA/NCLC Refund Anticipation Loan Report: The Party’s Over for Quickie...
The post 2012 CFA/NCLC Refund Anticipation Loan Report: The Party’s Over for Quickie Tax Loans: But Traps Remain for Unwary Taxpayers appeared first on Consumer Federation of America.
View ArticleNew CFA/NCLC Report Documents Twilight of RALs as Big Business
BOSTON, Mass. (February 29, 2012) ─As tax season shifts in to full swing, the National Consumer Law Center (NCLC) and Consumer Federation of America (CFA) have issued their annual report on the refund...
View Article2012 CFA/NCLC Refund Anticipation Loan Report
THE PARTY’S OVER FOR QUICKIE TAX LOANS: BUT TRAPS REMAIN FOR UNWARY TAXPAYERS The NCLC/CFA 2012 Refund Anticipation Loan Report Chi Chi Wu, National Consumer Law Center Contributing author: Jean...
View ArticleSomething Old, Something New In Tax-Time Financial Products: Refund...
The post Something Old, Something New In Tax-Time Financial Products: Refund Anticipation Checks and the Next Wave of Quickie Tax Loans appeared first on Consumer Federation of America.
View ArticleNew Report Documents Evolving Tax-Time Financial Products Market
Download the full report: http://www.nclc.org/images/pdf/high_cost_small_loans/ral/ral-report-2013.pdf BOSTON ─ As tax season shifts in to full swing, the National Consumer Law Center (NCLC) and...
View ArticleConsumers at Risk from Tax-Time Financial Products and Unregulated Preparers
The tax-time financial products market is evolving after the departure of bank RALs. Tens of millions of taxpayers continue to be sold RACs, which can be subject to significant add-on fees and may...
View ArticleTax-Time Consumer Troubles
Preparer Fraud, High Fees, and Tax-Time Financial Products Plague Consumers Boston (February 28, 2014) – As the tax season goes into full swing, advocates from the National Consumer Law Center and...
View ArticleConsumer and Community Groups Seek State Solutions for Tax-Preparer Mistakes...
WASHINGTON D.C. (January 29, 2015)—As millions of consumers turn to paid tax preparers to help complete what, for many taxpayers, is their largest financial transaction of the year, a coalition of...
View ArticleProtecting Consumers at Tax Time: Federal and State Efforts to Address Common...
A report, released today entitled Protecting Consumers at Tax Time: Federal and State Efforts to Address Common Problems Associated with Paid Tax Preparation, details the challenge consumers face when...
View ArticleTax Prep Services: Buyer Beware
Consumer Advocates Warn of Risks from Incompetent and Unscrupulous Tax Preparers Download the full report: http://bit.ly/17YkUHK (BOSTON, March 9, 2015 ) As the tax season goes...
View Article“Mystery Shopper” Tests Show Problem with over 90 Percent of Tax Returns...
Tests latest in a series showing a need for better regulation of paid preparers WASHINGTON, D.C. (April 15, 2015)—As the deadline for filing 2014 taxes looms, and consumers turn to paid tax...
View ArticlePublic Views on Paid Tax Preparation
To improve the oversight and competency of paid tax preparers, California, Maryland, New York, and Oregon have enacted state level consumer protections. In addition to the four states that have enacted...
View ArticleNew National Poll Indicates Strong Support for Reform of Paid Tax Preparer...
Washington, D.C. – As millions of taxpayers turn to paid tax preparers to help complete what, for many, is their largest financial transaction of the year, a coalition of consumer and community...
View ArticleOn the Radio: Michael Best Discusses New National Poll Showing Strong Public...
Michael Best, Senior Policy Advocate at the Consumer Federation of America, discusses CFA’s recent national poll results where 4 out of 5 respondents believe paid tax preparers should have to pass a...
View ArticleA Minefield of Risks for Taxpayers
Boston, MA – With all the W-2s sent and tax season in high gear, advocates from the National Consumer Law Center and Consumer Federation of America issued their annual advisory warning of the risks and...
View ArticleCFA Urges FDIC’s Continued Supervision of Banks Offering Refund Anticipation...
In a statement before the Subcommittee on Oversight and Investigations of the U.S. House of Representatives Committee on Financial Services, CFA and the National Consumer Law Center (on behalf of its...
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