Refund Anticipation Loans 
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ONLY A TREASURY APPROVED BANK MAY PROVIDE A LOAN AGAINST YOUR ANTICIPATED REFUND THERE ARE NO EXCEPTIONS.

These are loans against your expected tax refunds. No preparer can guarantee that you will receive a loan. Any check received at a preparers office is a loan. These loans can only be issued by a treasury approved bank. It is a crime for any non approved entity to provide a tax loan and or to have the refund directly deposited into their account.

Direct deposit is available on any e-filed or mailed in paper return. There are no fees involved nor should any preparer charge you a fee for setting up direct deposit. Direct deposit must be to an account that is solely owned by the person(s) named on the return as tax payor(s). If you and your spouse file a joint return and want direct deposit you must have a joint account. A single or married filing separate person must have his own account. There are no exceptions to this rule.

Now that I have scared you, yes I do offer RAL’s through Republic Bank. I have found that they are excellent in personal service and they offer several options for receiving your loan.

  1. Bank check issued at my office
  2. A visa debit card
  3. Direct deposit to your account
The fees charged by the bank are based upon your anticipated re-fund; I charge $30.00 for the additional work involved. If you are denied a loan the bank waves the loans fee but does charge a small handling fee.

I can offer up to a $5000.00 loan within 24 hours. Generally speaking 99% of prior customers who come to the office before 11:00 A.M. will have a check same day about 4:00 P.M. New customers will have a check 95% of the time before 5:00 P.M. the following day.

The most common reasons for denials are as follows and all lenders must adhere to the same standards.

Liens on the refund:

  • Federal, state or local income taxes are owed
  • Student loan is in default
  • Child Support arrearage
  • Court ordered liens for victims of felonies (i.e. you robbed someone at gun point and owe then money)
  • A credit score below 600 points unless a prior client
Your credit score will verified and so will liens do not waste your time if you are in the arrears on any of the above.

I must be able to verify your Social Security Number thus a SS card is best.

You must have one of the following for each signor on the return:

  • A state issued photo ID or drivers license card
  • Current Photo Student ID card
  • Passport
  • Alien ID card
  • Military ID
  • Employee ID
  • Any public assistance Card with Photo
You may use two of the above or one above and one of these for person signing

  • Vehicle registration
  • Union Card
  • Voter registration card
  • Credit card
  • Social Security card
  • Check cashing card
If you have children:

Social security card for each child if no SS number a certified copy of birth certificate

Many people like the loan as we can subtract our fees from the funds.

Please note that if your loan is rejected you are still responsible for the preparation fees.

Offices in Bangor and Deer Isle, Maine
1-800-209-7380
Copyright (C) 2006 C.A. Future