WASHINGTON — NAFCU sees more money for credit union members, and Congress' investigative arm sees a better deal for consumers.
That's why the Government Accountability Office and the trade association have expressed similar concerns about how tax preparation firms market refund anticipation loans.
The GAO and NAFCU contend the current system, under which preparers often use information they discover while preparing tax returns as a basis for encouraging customers to take out loans, has the potential for abuse.
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