Refund anticipation loan
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 funds than waiting for their tax refund.
Refund anticipation loanPayday loanLoanPredatory lendingTax preparationH&R BlockCustomer Account Data EngineRALEarned Income Tax CreditJackson HewittAlternative financial servicesInstant Tax ServiceFree File AllianceRepublic Bank & Trust CompanyTax refundDistressed lendingAsset backed lendingLender of last resortEconomic Stimulus Act of 2008Americans for Fairness in Lending
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