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Can payday loans take out your tax refund?
I made the mistake of taking out a loan for a payday check cashing place in July & I still owe them, I just wondering when I file my return can they take that out my tax refund? Or can the irs withheld my refund because I haven't paid back the loan yet?
5 Answers
- Wolf HarperLv 66 years agoFavorite Answer
No, but you certainly ought to do exactly that yourself. The loan isn't going to "magically go away" and interest/penalties must be stacking at a horrible rate. Get it paid off and behind you.
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