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Community reinvestment information designed specifically for consumers.

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Your Tax Refund Money is Yours: Avoid Refund Anticipation Loans (Spanish)
October 03, 2006
Marva Williams
Your Tax Refund Money is Yours: Avoid Refund Anticipation Loans (Polish)
October 03, 2006
Your Tax Refund Money is Yours: Avoid Refund Anticipation Loans
October 04, 2006
Marva Williams 
 
Why spend an extra $343 when you don't have to?  Paid tax preparers may ask if you would like to get your tax refund quickly in the form of a “Fast Cash Refund” or an “Instant Refund”.  While this may seem tempting and convenient, what they are actually offering you is a high-cost loan known as a Refund Anticipation Loan (RAL).  More information is provided in this brochure.
29 E. Madison, Suite 1710 | Chicago, Illinois 60602-4566 | (312) 368-0310 tel | (312) 368-0316 fax
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