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 REFUND ANTICIPATION LOANS
If you're expecting
a federal income tax refund this year, you don't have to wait for your money to
come to you by mail directly from the IRS. This process can take up to 6 weeks!
With a Refund Anticipation Loan (RAL) from Republic Bank, you
can get a loan in an amount equal to your refund in as little as 24 hours with
no out-of-pocket expenses!
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NowRAL**
If Approved, You receive a portion of your
anticipated refund amount within minutes of Republic Bank loan approval. The Advance
is disbursed to you in the form of a cashiers check. The remaining
balance is available upon RAL approval or IRS funding.
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Refund Anticipation Loan
(RAL)**
The Refund Anticipation Loan (RAL) is a fast method
for you to receive money based on your anticipated tax refund. Upon receipt
of IRS accepted acknowledgement, and upon meeting Republic
Bank
loan approval criteria (RAL approval), funds are quickly disbursed to you in
the form of a cashiers check. All preparation fees and bank charges are
deducted from your refund upon RAL approval.
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Electronic
Refund Check (ERC)
The Electronic Refund Check (ERC) is a quick and cost
effective method for you to receive money based on your federal tax
refund. IRS deposits your refund into a temporary account with Republic Bank.
Federal tax refunds are usually deposited within 7 to 14 days from IRS
accepted acknowledgement. Upon IRS funding, your fees are deducted from the
refund and the balance is disbursed to you in the form of a cashiers check.
Funding times may vary depending on IRS processing procedures.
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Products and
offerings are subject to change due to changes in government policies and
procedures or business considerations.
Advanced Tax & Income
Services cannot guarantee approval of NowRAL or Refund Anticipation
Loans. We also cannot guarantee the time it takes for you to receive
your check. Ask your tax preparer for more information. |
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