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Refund Anticipation Loans News

Filing 2010 Income Tax Return—Should You Get A Refund Anticipation Loan?

March 12, 2010 By: Red, White and Blue Press

Many people are quickly filing their tax refund and are hoping to get their income tax return as quickly as possible. However, there are some taxpayers that may not file quite as quickly as others and worry about a delay in their refund. When this occurs, people often turn to a refund anticipation...


Taxpayers: Beware of anticipation refund loans

February 24, 2010 By: Carolina Live.com

In this economy, some look for quick and easy cash through cash advances on your tax filings, but consumer advocates say beware. One of the ways to get in the most trouble is through something called a Refund Anticipation Loan -- or an RAL.


Study shows people seeking quicker refund through loan pay big fees, save little time

February 23, 2010 By: Norwalk Reflector

The people who are paying for the privilege of getting their income-tax returns a little quicker are the people who can least afford it. A study found 51 percent of the 33,435 taxpayers getting refund-anticipation loans and checks in Summit County in 2007 had incomes low enough to get an Earned Inco...


OCC Issues Consumer Advisory and Policy Statement Regarding Tax Refund-Related Products (RALs)

February 19, 2010 By: Office of cimptroller of the Currency

WASHINGTON — The Office of the Comptroller of the Currency has released a consumer advisory and policy statement regarding tax refund-related products, including refund anticipation loans.


Income Tax Refund Anticipation Loans

February 12, 2010 By: PRLog.com

As income tax time approaches, Connecticut Better Business Bureau urges consumers to get all of the facts before opting for a Refund Anticipation Loan (RAL). Many Americans would like to get hold of income tax refunds as quickly as possible to pay off debts and ease the sting of pay cuts and job los...


Taxpayer Alert: Rapid Refund Loans Harder to Get


February 8, 2010 By: New York Times

Getting your tax refund quickly using a rapid refund loan has gotten harder for the second straight year. That may frustrate the customers who are turned down for these expensive short-term loans. But consumer advocates say it's good news.


Beware of Fast Tax Refund Temptation

February 4, 2010 By: Mt Fox TV - Memphis

Tax time means big business. The Consumer Federation of America says we lost about $800 million in 2008 to "quickie tax refund loans." The IRS plans to regulate the tax preparation industry, but those rules aren't expected to be enforced until next tax season. In the meantime, one consumer advocate ...


Economic Outlook: Home equity matters

December 2, 2009 By: UPI

But John Taylor, president of the National Community Reinvestment Coalition said "the government needs to take the gloves off and do something much more proactive. I don't think penalizing is enough," he said. The Obama administration, he said, should take the next step and allow bankruptcy judges t...


Comptroller Dugan Urges Regulators Around the World


November 19, 2009 By: Offuice of Cimptroller of the Currency (OCC)

Comptroller of the Currency John C. Dugan saidthat regulators around the world should address the problem that sparked the financial crisis of the past two years by establishing minimum underwriting standards for all mortgages made in their respective countries.


Pending Home Sales Rise for Fifth Straight Month


August 5, 2009 By: Business Week

The Realtors' pending home sales index is above its level when the economy collapsed last fall; gains are strongest in the South and West. But prices are still falling


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