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Free tax prep at Walmart? It isn't really free, for some 84% or so of you

Thursday, January 12, 2012
By | Ed Mierzwinski
Consumer Program Director

I've been quoted recently (Reuters via Baltimore Sun)  warning consumers that getting your taxes done for "free" in an HR Block kiosk at Walmart and then getting your tax refund on a Walmart prepaid card comes with pitfalls, including (1) fees and (2) the chance that you'll just dump the money on the card into impulse purchases at Walmart, which "is not your friend."

Supreme Court Says Victims Have No Legal Rights Against Subprime Credit Card Firm Compucredit - Must Attend Private Kangaroo Arbitration Tribunal Instead

Wednesday, January 11, 2012
By | Ed Mierzwinski
Consumer Program Director

Yesterday the Supreme Court, Inc. - with only Ruth Bader Ginsburg dissenting -- took away consumer legal rights in Compucredit vs. Greenwood. The court said disputes needed to be resolved in arbitration proceedings -- not court. The company issues subprime "fee harvester" credit cards with upfront fees that swallow the teeny credit limits. It's previously been sued by both the FDIC and the FTC.

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