(The Loop 21) — Tight on money and looking for ways to find some quick cash? Don’t look to H&R Block’s popular tax refund anticipation loans. The federal government recently told the tax company to stop offering the loans — which come with hefty fees and interest rates. It’s unclear why the government singled out H&R. But in my opinion, it’s a good thing. Tax anticipation loans are as bad as payday loans. They usually target those who can least afford them, the low-income and those living from paycheck to paycheck.
