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article good  customer loan  evil  fee modest  hopeless money  hopeless  loan  loans  money  overpaid  people  refund  tax  therefore  year 
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Preview: Comments on: Tax Return “Loans” are Evil

Comments on: Tax Return “Loans” are Evil



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By: Rene

Fri, 22 Sep 2006 09:03:13 +0000

Is it always evil to loan money to careless or ignorant people, or just in this instance?



By: Ralph

Wed, 20 Sep 2006 01:47:56 +0000

I can't see that this is particularly "evil" - the people getting these loans are absolutely hopeless with money, and therefore a high risk, so a $100+ fee seems quite modest. The article's has a good example - the customer took out the loan without realising a) that she was getting a loan (what, she thought it was a gift?), b) that she had previously been overpaid a refund (what did she do with the extra $1000+ she got overpaid last year?), and was therefore not entitled to get any refund this year! I think it's funny that she's so hopeless with her money, but is part of a class lawsuit against her tax preparer!



By: ggg

Mon, 18 Sep 2006 18:51:45 +0000

Oh come on.... I use payday loans all the time. They are great.