H&R Block Loses Refund Anticipation Loan Banking Partner

A sign marks the location of an <a class="taxInlineTagLink" id="ORCRP006998" title="H&amp;amp;R Block Inc." href="/topic/economy-business-finance/h%26r-block-inc.-ORCRP006998.topic">H&R Block</a> office in <a class="taxInlineTagLink" id="PLGEO0100100501250000" title="Chicago" href="/topic/us/illinois/cook-county/chicago-PLGEO0100100501250000.topic">Chicago</a>, <a class="taxInlineTagLink" id="PLGEO100100500000000" title="Illinois" href="/topic/us/illinois-PLGEO100100500000000.topic">Illinois</a>. The banking partner of H&R Block Inc. has been ordered to stop making refund anticipation loans used by millions of Blocks customers. Some analysts believe the move could cost the tax preparer as much as seven percent of its business this tax season.
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( Photo by Scott Olson/Getty Images / December 28, 2010 )

A sign marks the location of an H&R Block office in Chicago, Illinois. The banking partner of H&R Block Inc. has been ordered to stop making refund anticipation loans used by millions of Blocks customers. Some analysts believe the move could cost the tax preparer as much as seven percent of its business this tax season.

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