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The American Rescue Plan (ARP) temporarily expanded the existing small federal earned income tax credit (EITC) for low-wage working adults without children at home.
They increased the maximum credit and broadened the eligibility to younger and older workers.
This newly eligible population consists of childless adults between the ages of 19-24 and over the age of 65.
The expansion goes into effect this year (for those with earnings in tax year 2021) and will benefit millions of adult workers.
This info will give you a better look at the problems with payday loans.
It will also give you other options available.
In a nutshell, payday loan organizations prey on low-income families. That is because they tend to have fewer resources for cash. Often, these loans end up making their financial situation worse.
Please read this before you consider a payday loan.
Kansas Attorney General on Payday Loans
Explains what a payday lender can and cannot do under Kansas law. If you believe a payday lender has violated this statute, see the link to the Attorney General's Consumer Complaint form that can be filled out and submitted on the web.
Kansas Payday Loan Statute
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