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What exactly is a Tax Refund Anticipation Loan (RAL)?

A taxation refund anticipation loan (RAL) is really a shortterm loan by having a high rate of interest. A RAL is founded on the quantity of the reimbursement you anticipate to obtain through the IRS. RALs will also be called “instant refund loans” or “fast cash refunds. ” Many national taxation preparers offer RALs. Other…

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