Arkansas Files Lawsuit Against Mo’ Money Taxes
Arkansas Attorney General Dustin McDaniel filed a lawsuit on December 6th that indicts Mo’ Money Taxes of violating the state’s 2009 Refund Loan Anticipation Act.
Earlier this year, Mo’ Money Taxes decided to voluntarily return its North Carolina refund loan license after the state pursued a claim against the Memphis company for failing to observe state rules requiring disclosures in company offices.
The Arkansas suit alleges that Mo’ Money broke two rules. First, the AG says that MMT failed to post required disclosures in its stores. The law says that pricing for refund anticipation loans has to be clearly displayed. Secondly, the AG says that they put additional charges on the loans. The RAL act states that the only charges allowed are bank fees.
Filed under: Refund Anticipation Loans,Uncategorized | Tags: Arkansas, Mo' Money TAX, Refund Anticipation Loans
Valerie
December 8, 2010
I filed my taxes with Mo Money Tax Services in 2008, they didnt give me all of my refund and they charged me fees to go rapid and i didnt get my refund until 10 days later. I thought that was call electronic filing. I had to do and anmendment to get the rest of my money, and I still didnt get it all.
Valerie George
December 8, 2010
I filed my taxes with Mo Money Tax Services in 2008, they didnt give me all of my refund and they charged me fees to go rapid and i didnt get my refund until 10 days later. I thought that was call electronic filing. I had to do and anmendment to get the rest of my money, and I still didnt get it all.