REFUND ANTICIPATION LOANS (RALs)

REFUND ANTICIPATION LOANS (RALs)

The tax that is busy usually brings a multitude of frauds geared towards defrauding customers of the hard-earned income tax refunds. Attorney General’s workplace is consumers that are warning be wary of reimbursement anticipation items that promise a quicker refund. Tax preparers pitch a number of these items – income tax refund anticipation loans, checks or debit cards – as being a real means to receive an income tax refund immediately. In fact, they truly are short-term loans that often saddle customers with high rates of interest and costs which are deducted from their […] Read more