H&R Block's refund loans hit regulatory hurdle

Started by emirate, Dec 28, 2010, 07:02 AM

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emirate

Dec 28, 2010, 07:02 AM
BANGALORE (Reuters) - H&R Block Inc, the largest U.S. tax preparer, said it will not be able to help customers borrow money against their tax refunds in the coming months, as the bank that was supposed to provide the loans is under a regulatory directive not to.

H&R Block's refund loans hit regulatory hurdle
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