Comment by xp84

Yup. Reminds me of how my dad would do his taxes at H&R Block, and then every year take out their “refund anticipation loan” (despite not having some big urgent expense). They deduct their overpriced tax prep fee and a healthy 150%APR interest payment from the proceeds but you get the money same day. You could just not do that and still have your refund in like a week. The APR is unconscionable given they did the taxes — they can be nearly certain your refund will arrive. But they just gloss over those details, probably by saying “Do you want your refund today, or wait on the IRS? With the Today option you can also just deduct your tax prep fee from the refund and not pay out of pocket.” I have a feeling they get a LOT of people with that scam.