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Tag: "what is a Refund Anticipation Loan"

[ 0 ] Mar. 7, 2012

What Is A Refund Anticipation Loan (RAL)?

A RAL is not a quick, fast or instant refund. It is a high-interest loan. The lender will charge you interest and fees, which will reduce your refund. Before you enter into a RAL agreement with a tax preparer, the preparer must give you a written disclosure statement that explains: ~you aren’t required to take […]

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