Characteristics of Users of Refund Anticipation Loans and Refund Anticipation Checks

by United States Department of the Treasury and U.S. Department of the Treasury

Refund anticipation loans (RALs) are bank loans secured by the taxpayer's expected refund and Refund anticipation checks (RACs) are temporary bank accounts established on behalf of a taxpayer into which a direct deposit refund can be received. The goal of this project is to provide greater information on the characteristics of RAL/RAC users and why they choose these products.We find that among the most important characteristics influencing RAL/RAC...

• Format: Paperback
• Language: English
• ISBN: 1500949256
• ISBN13: 9781500949259
• Release Date: August 2014
• Publisher: Createspace Independent Publishing Platform
• Length: 54 Pages
• Weight: 0.33 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"