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Cape Cod Times: Avoid Tax Preparer Pitfalls

March 30, 2009

AFFIL appeared in this article by Sarah Shemkus.  Here’s an excerpt:

Several consumer groups, as well as the Massachusetts Office of Consumer Affairs, are also raising the alarm about refund anticipation loans, which are secured by and repaid from a pending federal tax refund.

“We would say, ‘Don’t do it,'” said Jim Campen, executive director of Americans for Fairness in Lending, a Boston-based advocacy group. “The real problem is that it’s expensive.”

Read the full article.

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