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Avoid Refund Anticipation Loans (MU Extension)

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Uploaded by on Jan 28, 2011

A refund anticipation loan (RAL) is a short-term consumer loan secured by the borrower's expected tax refund. Fortunately, there are better options for many taxpayers. The Volunteer Income Tax Assistance (VITA) program helps
low- and moderate-income taxpayers at no cost. For more information, see University of Missouri Extension's Missouri Taxpayer Education website at http://extension.missouri.edu/hes/taxed/vitasites.htm

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