Tax Refunds: Yours to Keep, Not Lose to High-Cost Lenders

Each year as W-2s begin arriving in mailboxes, commercials start promoting a range of services to ‘help’ consumers with tax preparation. These advertisements beckon consumers to take advantage of convenient and worry-free services. In reality, however, many tax season services are less about convenience and more about taking a hefty portion of refunds consumers have already earned. Each year, high cost tax-related services drain an estimated $11 billion from the pockets of 30 million(...)