2007-02-03 15:58:23 · 4 answers · asked by Tishia H 1 in Business & Finance ➔ Credit
Refund Anticipation Loans are a lot like Pay Day loans - a rip off. But the bottom line is, they are still loans...
Ironically, you could have gotten your refund via direct deposit directly from the IRS within 2-3 weeks without giving a big fee to H&R Block or whoever you're getting ripped off by.
2007-02-03 16:12:17 · answer #1 · answered by clawedlemew 3 · 0⤊ 0⤋
its probably a large amount or an amount that is bigger than what you have in your account to cover it if it should bounce. Bank's have to place a 10 day hold to make sure the check is good.
2007-02-05 18:44:16 · answer #2 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
because they will verify amount so they will not get stiffed
2007-02-03 16:06:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
that is their rule and because they can..........lol
i hate to wait on my money too....
2007-02-07 05:08:28 · answer #4 · answered by tennessee 7 · 0⤊ 0⤋