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Report: #544332

Complaint Review: H and R BLOCK - bridgeport West Virginia

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  • Updated:
  • Reported By: kelly — salem West Virginia United States of America
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  • H and R BLOCK 122 thompson drive suite 7 bridgeport, West Virginia United States of America

H and R BLOCK hand r block scamming their customers on advance line of credit bridgeport, West Virginia

*Consumer Comment: High interest loan

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 H and r block has a sign stating you can get some of your taxes without your w-2 s ..So I go in and give them my pay stub and my tax information. I have beendoing taxes there since 2006. I was approved for one thousand dollars. They took a fee of 45.00 out which I was well aware of. But they did not diclose they would be taking out 36 percent intrest on every purchase i made with my emarald card. I got 900 and 55.00 was in a differnt account that i had to transfer over for some odd reason..When i transfred the 55.00 they took out 36 percent intrest  and I didnt even make a purchase....I did ask why the 55.00 was done like thatthe rep said she didnt know why they did that..At know point and time did they mention anything about 36 percent intrest..Know one in their right mind would give them almost half of your money...they are ripping customers off big time...

This report was posted on Ripoff Report on 12/23/2009 09:04 AM and is a permanent record located here: https://www.ripoffreport.com/reports/h-and-r-block/bridgeport-west-virginia-26426/h-and-r-block-hand-r-block-scamming-their-customers-on-advance-line-of-credit-bridgeport-544332. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

High interest loan

AUTHOR: Flynrider - (U.S.A.)

POSTED: Wednesday, December 23, 2009

    A cash advance on a future tax refund is basically a high interest loan.  Go back and read the agreement you signed.  Somewhere on it you'll find the high interest.

   While anyone offering you a loan at a ridiculous interest rate will probably do their best to hide it, that shouldn't keep you from finding out.    You know that by taking out a loan you'll be charged interest, from that point it's up to you to find it on the contract, where it's legally required to be.   If you make it a piont to refuse to sign a contract until you've located the interest rate, you'll never be surprised.

 

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