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Don’t fall for costly tax-refund anticipation loans, Illinois AG warns – STLtoday.com

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Don't fall for costly tax-refund anticipation loans, Illinois AG warns
STLtoday.com
Some tax preparers advertise refund anticipation loans as an option to get instant cash back based on an anticipated return. However, Madigan says these products are like short-term loans filled with fees automatically deducted form a taxpayer's refund.

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