WELCOME TO FINANCE DIVA!
The Diva takes the time to learn the laws and the methods to help your family achieve success. The information presented on the blog can be used as DIY or Hire The Diva for stress-free financial help. Receive answers to your personal financial questions on the website (anonymous) and via email simply by asking. Thank you for stopping by, grab your favorite drink and enjoy your stay. LATEST POST
IRS decreases availability of Tax Refund Loans
August 7, 2010 by The Diva · 1 Comment
The IRS announces it will no longer issue debt indicators to tax preparers and associated financial institutions beginning in the 2011 tax filing season (that's next season). The debt indicators is used as one of the criteria for underwriting RALs (Refund Anticipation Loans) and RACs (Refund Anticipation Checks). What is an RAL? A RAL is a loan secured by the tax refund, typically the loan is received by the taxpayer 24-48 hours after the tax return is accepted by the IRS. The loan is for the … [Read More...]
Random Post from the ARCHIVES
IRS decreases availability of Tax Refund Loans
August 7, 2010 by The Diva · 1 Comment
The IRS announces it will no longer issue debt indicators to tax preparers and associated financial institutions beginning in the 2011 tax filing season (that's next season). The debt indicators is used as one of the criteria for underwriting RALs (Refund Anticipation Loans) and RACs (Refund Anticipation Checks). What is an RAL? A RAL is a loan secured by the tax refund, typically the loan is received by the taxpayer 24-48 hours after the tax return is accepted by the IRS. The loan is for the amount of the estimated refund minus loan and tax preparation fees. This loan has a typical ceiling of $9999.00 (won't lend more than that). If the … {Continue....}

