Refund anticipation loan definition

Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

Refund anticipation loan or “RAL” shall mean a loan to a Customer based upon, among other things, the Customer’s anticipated federal income tax return refund (as identified in IRS Form 8453 or similar form), subject to any limitations that may be imposed thereon due to the application of certain underwriting criteria or other factors.

Refund anticipation loan means a loan that is secured by or that the creditor arranges to be repaid directly or indirectly from the proceeds of the consumer's income tax refund or tax credits. A refund anticipation loan also includes any sale, assignment or purchase of a consumer's tax refund at a discount or for a fee, whether or not the consumer is required to repay the buyer or assignee if the federal Internal Revenue Service reduces the consumer's tax refund.

Examples of Refund anticipation loan in a sentence

• BY ORDER OF THE COURT The Honorable Louis Bloom Circuit Judge Kanawha County, West Virginia Dated: , 2005 If You Got A Refund Anticipation Loan Through An H&R Block Office In Maryland Between January 1, 1992 And December 31, 1996, Or In Alabama from June 13, 1989 through December 31, 1996.

• You got at least one Refund Anticipation Loan (“RAL”) through an H&R Block office between January 1, 2000 and December 23, 2005.

• BY ORDER OF THE COURT The Honorable Louis Bloom Circuit Judge Kanawha County, West Virginia Dated: , 2005 If You Got A Refund Anticipation Loan Through An H&R Block Office Between January 1, 2000 and December 23, 2005.

• BY ORDER OF THE COURT The Honorable Louis Bloom Circuit Judge Kanawha County, West Virginia Dated: , 2005 If You Got A Refund Anticipation Loan Through An H&R Block Office Between January 1, 2000 And December 23, 2005, You Could Get A Payment From A Class Action Settlement A Court Has Authorized This Notice.

• You got at least one Refund Anticipation Loan (“RAL”) through an H&R Block office in Maryland between January 1, 1992 and December 31,1996, or through an H&R Block office in Alabama between June 13, 1989 and December 31, 1996.

More Definitions of Refund anticipation loan

Refund anticipation loan means an agreement under which a creditor arranges to be repaid for a loan directly from the proceeds of a customer’s income tax refund.

Refund anticipation loan means a loan made to a Colorado consumer based on the Colorado consumer's anticipated income tax refund.

Refund anticipation loan means a loan that is secured by

Refund anticipation loan means a loan that the lender arranges to be repaid directly

Refund anticipation loan means a loan that the lender arranges to be repaid directly from the proceeds of the taxpayer’s federal or state personal income tax refund.

Refund anticipation loan or "RAL" means any loan a taxpayer may receive against his or her anticipated income tax refund.

Refund anticipation loan means a loan that is secured by or that the creditor arranges or expects to be repaid, directly or indirectly, from the proceeds of the consumer's federal or state personal income tax refunds or tax credits, including any sale, assignment or purchase of a tax refund or tax credit at a discount or for a fee;