On the recordMarch 15, 2016
I have long been critical of refund anticipation loans, RAL loans. These short-term high-cost bank loans secured by the taxpayers' expected tax refund are often predatory and expensive.
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congress.govKeith Ellison: “I have long been critical of refund anticipation loans, RAL loans. These short-term high-cost bank loans secured by the…”
Editor's note · Context
Ellison criticizes refund anticipation loans as predatory and costly for taxpayers.
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