Browsed by
Tag: “consumer credit” “credit repair” usury

Maryland Court Describes Credit Repair Law’s Connection With Pay Day Lending, Rejects Application To Tax Preparation

Maryland Court Describes Credit Repair Law’s Connection With Pay Day Lending, Rejects Application To Tax Preparation

Does a Maryland law aimed at the "credit repair business" apply to tax preparation services?  No, says the Maryland Court of Appeals in a decision issued yesterday in Gomez v. Jackson Hewitt, Inc., — A.3d —-, 2011 WL 1167189 (Md. App. Ct. 2011). In reaching its decision, the court described its views on the law, which was initially enacted to protect individuals "from credit repair agencies who offered to ‘fix’ their credit rating, or to obtain loans for the credit impaired customer, in exchange…

Read More Read More