Sentence examples for refund loan from inspiring English sources

Block has continued looking for ways to increase profits from its refund loan customers.

Like debit cards, the prepaid charge cards allow customers to draw down their refund loan proceeds as they make purchases.

The refund loan business, Block has said in securities filings and court papers, is aimed at low-income people.

Indeed, the refund loan business depends on people ignoring a truism of financial planning: Avoid tax refunds, because they represent interest-free loans to Washington.

But he noted that in recent years the company had changed its lending policies to what "are our industry's leading practices and we clearly state that a refund loan is a loan product".

A bank spokesman, Tony Rossi, said that "the tax refund loan business is a sort of niche business that falls outside of what would be considered core banking operations".

Refund loans accounted for 3.5percentt of 1998 profits and 5.5percentt of 1997 profits.

He also said that refund loans had been around for decades and that the company would vigorously contest the complaint.

Mayor Michael R. Bloomberg signed into law yesterday a bill that requires tax preparers to disclose the fees associated with so-called refund anticipation loans, also known as rapid refund loans.

A new world of payday loans, tax refund loans, subprime mortgages and teaser-rate credit cards was born, just as real hourly wages, adjusted for inflation, were stagnating.

Nationwide, according to a study by the National Consumer Law Center, half of all people who obtain the refund loans also get the tax credit.