Minnesota Public Radio slideshow:
Rapid refunds can be a ripoff for the poor
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Beth Hainey of the Children's Defense Fund says she believes some tax preparers are specifically targeting the poor, who receive Earned Income Tax Credits, to apply for rapid refunds. The tax preparers collect a percentage of the refund at high interest rates on what, essentially, is a short-term loan. (MPR Photo/Elizabeth Stawicki)

Beth Hainey of the Children's Defense Fund says she believes some tax preparers are specifically targeting the poor, who receive Earned Income Tax Credits, to apply for rapid refunds. The tax preparers collect a percentage of the refund at high interest rates on what, essentially, is a short-term loan.

(MPR Photo/Elizabeth Stawicki)
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