H&R Block Drops Short-Term Loans - Newschannel 6 Now | Wichita Falls, TX

H&R Block Drops Short-Term Loans

Millions of H&R Block customers will no longer be able to get short-term loans backed by their tax refunds.

The Tax Preparers' Banking Partner has been forced by federal regulators to stop offering the loans.

They're typically used by low-income customers who file their taxes early in the season.

One analyst says the company could lose up to seven percent of its customers to competitors who still offer those loans.

  • News HeadlinesNewsMore>>

  • Police: Woman was living with dead body for possibly a year

    Police: Woman was living with dead body for possibly a year

    Tuesday, April 24 2018 9:04 PM EDT2018-04-25 01:04:21 GMT
    Tuesday, April 24 2018 9:04 PM EDT2018-04-25 01:04:21 GMT
    The woman was living with the body of her 68-year-old boyfriend near Detroit. (Source: WDIV/CNN)The woman was living with the body of her 68-year-old boyfriend near Detroit. (Source: WDIV/CNN)

    The woman was living with the body of her 68-year-old boyfriend near Detroit.

    The woman was living with the body of her 68-year-old boyfriend near Detroit.

  • The Latest: Trump urges VA nominee to keep fighting

    The Latest: Trump urges VA nominee to keep fighting

    Tuesday, April 24 2018 9:46 AM EDT2018-04-24 13:46:17 GMT
    Tuesday, April 24 2018 8:57 PM EDT2018-04-25 00:57:31 GMT
    (AP Photo/Alex Brandon). In this April 16, 2018, photo, U.S. Navy Rear Adm. Ronny Jackson, M.D., sits with Sen. Johnny Isakson, R-Ga., chairman of the Veteran's Affairs Committee, before their meeting on Capitol Hilin Washington. Jackson is President D...(AP Photo/Alex Brandon). In this April 16, 2018, photo, U.S. Navy Rear Adm. Ronny Jackson, M.D., sits with Sen. Johnny Isakson, R-Ga., chairman of the Veteran's Affairs Committee, before their meeting on Capitol Hilin Washington. Jackson is President D...

    The White House is standing behind Ronny Jackson, President Donald Trump's choice to be Veterans Affairs secretary amid growing questions about his qualifications.

    The White House is standing behind Ronny Jackson, President Donald Trump's choice to be Veterans Affairs secretary amid growing questions about his qualifications.

  • Police try to unlock phone with dead man's finger in Florida

    Police try to unlock phone with dead man's finger in Florida

    Sunday, April 22 2018 2:55 PM EDT2018-04-22 18:55:10 GMT
    Tuesday, April 24 2018 8:13 PM EDT2018-04-25 00:13:03 GMT

    Florida authorities went to a funeral home and used a dead man's finger to try to unlock his cellphone as part of their investigation.

    Florida authorities went to a funeral home and used a dead man's finger to try to unlock his cellphone as part of their investigation.

Powered by Frankly