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The contributors to the Consumer Law & Policy blog are lawyers and law professors who practice, teach, or write about consumer law and policy. The blog is hosted by Public Citizen Litigation Group, but the views expressed here are solely those of the individual contributors (and don't necessarily reflect the views of institutions with which they are affiliated). To view the blog's policies, please click here.

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Monday, April 09, 2012

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Law Firm of Kevin D. Judd

I appreciate your advocacy about this issue and could not agree more with calling the demise of these high-interest loans as “an appropriate death.” While there will always be taxpayers who want to receive their refunds as soon as possible, these loans shamelessly take advantage of the desperate situations of struggling or low-income families. It is astonishing to read that more than 12 million people took out these anticipation loans to the tune of more than $1 billion in fees, but it is encouraging to see that this practice is on its way out.

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