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NCLC Refund Anticipation Loan Report

NCLC Refund Anticipation Loan Report Reimbursement expectation loans (RALs) are one or two loans made by banks, facilitated by tax preparers, and secured by the taxpayer’s expected tax refund week. RALs can hold triple digit APRs, and expose taxpayers into the dangers of unpaid debt if their refunds try not to arrive as you expected. […]

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