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GOBankingRates
Gabrielle Olya

Financial Planners Warn: Don’t Rush To Use Your Tax Refund on Debt

Liubomyr Vorona / Getty Images/iStockphoto

If you’re carrying debt, it seems like the responsible choice to use your tax refund to pay it down. But financial planners say that move isn’t always the smartest, and in some cases, it can leave you worse off financially.

Learn More: The Estate Planning Secret the IRS Doesn’t Want You To Know, According To John Liang 

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