H&R Block to Begin Banking

H&R Block recently highlighted their strategy of offering banking services. According to the company, plenty of clients don't currently have bank accounts. These clients are forced to pay hefty fees to cash their refund checks as check-cashing and payday loan outfits. With the new service, H&R Block will credit debit cards with a customer's refund instead, although customers pay a higher than market-rate fee. They'll also offer a variety of other services. Read more about H&R Block's activities from the Washington Post.