Who offers ral's in Arizona?

Answer 1

"Refund Anticipation Loans" an RAL - available at all the usual suspects! The national (or even local) tax refund services and the places that do things like "payday' loans. Many places are using different marketing names since the term RAL has gotten to be so derogatory itself.

Maybe, they've been outlawed in AZ, but I suspect not. They should be though!

Listen.. these are universally considered the single most terrible and abusive type of loan or finance available! You will pay a huge cost in virtually all cases, whether it be the pure cost of the loan or some hidden costs, (how much they charge for the related tax return, processing fee, mailing fee, whatever). DO NOT DO IT. See, if your in that much of a mess...you really need to understand.... No, it's not that "we" don't understand...I assure the rest of us generally do understand sacrafice...no it's not that you can't afford not to get the money....thats the crazy thinking that makes your situation worse....YOU CAN'T AFFORD TO GET THE MOST EXPENSIVE THINGS.....and this is. (If "we" - with jobs and income...and of course bills, needs, etc., think we won't or can't afford it...I'd say you should understand you shouldn't and can't either).

Moreover, generally the money (the tax refund itself) they get as the payback is only a few weeks away from you, were you to file for it anyway. And the fact is, were you to just change your withholding (even today as I write this, in early December), you would not have over paid in. So your paying a bunch of money to get a loan of the money that is yours anyway!

There is no other way to say it...these are "loans" for fools...the warnings are published everyplace, (every government agency and every consumer advocate warns you about how bad a thing they are)...so perhaps the people who may actually still fall for it - actually deserve to be taken for the ride and used (or is it abused) as such....that being the fool is what they like and just their proper lot in life!