New Orleans When I wrote Citizen Wealth: Winning the Campaign to Save Working Families, with my editor’s encouragement I labored pretty hard to make the case that major corporations understood the importance of citizen wealth or income security for lower income families and some had in fact fine tuned their business models to live and …
Tag: H&R Block
Victory! H&R Block Finally Kills RALS!
New Orleans Early this week H&R Block finally threw in the towel and announced that they would totally discontinue RALs for this coming tax season on 2011 returns. After seven (7) years we can finally count coup on a total victory that once preyed on lower income and desperate families for close to half-a-billion dollars …
H&R Block, HSBC, & the end of RALs
New Orleans Refund Anticipation Loans or RALs are a product that have preyed on lower income worker families since their inception and promotion by the big tax preparers, H&R Block, Jackson-Hewitt, and Liberty, as well as smaller fry who could get access to credit. Negotiating with these companies could get depressing when I worked with …