A loan that is guaranteed by a tax payer's expected tax return. It is short term in nature and it helps individuals, especially low income earners, to access cash in time instead of having to wait a long time for their tax refund. This type of loan has a higher interest rate than more common types.
Related information about refund anticipation loan (RAL):
- Refund anticipation loan - Wikipedia, the free encyclopedia
A refund anticipation loan (RAL) is a short-term consumer loan secured by a taxpayer's expected tax refund, and designed to offer customers quicker access to ...
- Refund Anticipation Loans (RALs) Common Questions
Nov 7, 2012 ... A Refund Anticipation Loan (RAL) is a loan made by a lender that is based on and usually repaid by an anticipated federal income tax refund.
- : Jackson Hewitt
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- Ask the taxgirl: Refund Anticipation Loan (RAL) Denials and Delays ...
Jan 26, 2009 ... Taxpayer asks: Why was my RAL denied? Taxgirl says: RALs are refund anticipation loans. They are basically loans (usually high interest) ...
- Tax Refund Anticipation Loan (RAL) Definition | Investopedia
A loan provided by a third party against a taxpayer's expected refund. The tax refund anticipation loan is not provided by the U.S. Treasury or the IRS and is ...
- Tax Refund Loans: Instant Trouble
The FDIC has told Republic Bancorp, the primary refund anticipation loan (RAL) provider for Jackson Hewitt and Liberty Tax Service, that the bank's RALs are ...
- Refund Anticipation Loan | Indianapolis RAL | Fiscal Tax Indiana
Get your tax refund FAST with the Refund Anticipation Loan (RAL) from Fiscal Tax in Indianapolis. Fast, friendly tax services. Lowest price guaranteed.
- RAL, Refund Anticipation Loan, ERC, Bank Products - SBBT, Chase ...
Refund Anticipation Loan ( RAL ) vs. Electronic Refund Check ( ERC or RAC ). We provide the tax preparation industry with processing of Preferred Electronic ...