Block Claims Bank's Action Threatens RALs

Monday, 18 October 2010
News

block logoWith the refund market appearing more and more threatened, H&R Block has sued HSBC Bank claiming that the bank, which fund's the tax preparation companies loan programs, has failed to take steps that would enable Block to provide Refund Anticipation Loans during the upcoming tax season. That comes less than a week after Meta Financial says it has to get regulatory approval for expanding its income tax-based loan programs.

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