Warning: Income Tax Refund Loans Are a Rip-off

If someone offered to take part of your paycheck each pay period and hold it for you until the end of the year, then charge you a fee of up to 2000% (yes, two thousand percent) to get it back, you'd probably laugh them out of town. Yet if you've ever taken a pay day loan or tax refund loan, that's exactly what you've done. Read why you should avoid this taxpayer rip-off.