The Star reports a MAJOR HIT to a local financial institution: Federal regulators have ordered H&R Block's banking partner to stop making refund anticipation loans used by millions of Block's customers.
For po'folk in need of fast cash . . . These loans were pretty much the ONLY reason to pay such a high rate for the KC service. Translation: Expect more layoffs. And lots of them.
For po'folk in need of fast cash . . . These loans were pretty much the ONLY reason to pay such a high rate for the KC service. Translation: Expect more layoffs. And lots of them.
Sounds like H&R Block had become nothing more than a payday loan outfit.
ReplyDeleteSo much for the pride of Kansas City. Our parochialism allows our darling home town corporations to get away with a lot of misdeeds.
ReplyDeleteTrue dat. They screwed the city over the construction of their building at the PL District and nobody gave a crap. What's wrong with us?
ReplyDeleteKansas City going down the tubes fast. Crime, corruption and greed.
ReplyDeleteand, worst of all.....apathy
ReplyDelete