TITLE

Tightening Screws on Tax Loans

AUTHOR(S)
Aspan, Maria
PUB. DATE
January 2010
SOURCE
American Banker;1/12/2010, Vol. 175 Issue 6, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Internal Revenue Service (IRS) is planning to regulate tax preparers on the federal level, which includes looking at tax refund anticipation loans and other tax-related financial products. Banking regulators are growing stricter on the loans. Republic Bancorp Inc. was questioned by regulators on the viability of its tax loan program.
ACCESSION #
47546136

 

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