Charlene Crowell

Charlene Crowell

Stories this photo appears in:

Tease photo

Beware of predatory tax refund loans, advances

Across the country, advertising — particularly on urban radio — tempts listeners with easy ways to get a loan against anticipated tax refunds. But just like other predatory lending products, what is advertised is not quite what consumers receive. Convenient tax-related loans almost always come with a price that takes a big bite out of consumers’ money.