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	<title>BANK TALK &#187; Refund Anticipation Loans</title>
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	<description>Exploring the Finances of the Unbanked</description>
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		<title>After the Fall of JTX: The New Tax Prep Landscape</title>
		<link>http://banktalk.org/2011/05/06/after-the-fall-of-jtx-the-new-tax-prep-landscape/</link>
		<comments>http://banktalk.org/2011/05/06/after-the-fall-of-jtx-the-new-tax-prep-landscape/#comments</comments>
		<pubDate>Fri, 06 May 2011 14:55:54 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[debit cards]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[unbanked]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Emerald Card]]></category>
		<category><![CDATA[H&R Block]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3581</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsAlthough any fate for Jackson Hewitt is far from certain, it might be a good time to speculate about how things will be next year. Jackson Hewitt stock will be delisted from the NYSE on Monday. Even the General Counsel of JTX seems to be jumping ship: Steven Barnett filed a Form 4 notice with [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>FDIC Punishes Republic Bank for ECOA, TILA, FTCA Violations</title>
		<link>http://banktalk.org/2011/05/05/fdic-punishes-republic-bank-for-rals/</link>
		<comments>http://banktalk.org/2011/05/05/fdic-punishes-republic-bank-for-rals/#comments</comments>
		<pubDate>Thu, 05 May 2011 17:23:30 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[ECOA]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[FTC]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[RBCAA]]></category>
		<category><![CDATA[Republic Bank]]></category>
		<category><![CDATA[TILA]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3570</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe FDIC has charged Republic Bank for violations of multiple laws and set a civil money penalty of $2 millions for problems with their refund anticipation loan unit. Republic Bank faces violations of the Truth-in-Lending Act, the Equal Credit Opportunity Act, the Federal Trade Commission Act, and the Gramm-Leach-Bliley Act. Additionally, the FDIC found that [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Shareholders Could be Wiped Out in a Pre-Packaged Bankruptcy for Jackson Hewitt</title>
		<link>http://banktalk.org/2011/05/02/shareholders-could-be-wiped-out-in-a-pre-packaged-bankruptcy-for-jackson-hewitt/</link>
		<comments>http://banktalk.org/2011/05/02/shareholders-could-be-wiped-out-in-a-pre-packaged-bankruptcy-for-jackson-hewitt/#comments</comments>
		<pubDate>Mon, 02 May 2011 18:26:48 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3544</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsToday&#8217;s Amended and Restated Credit Agreement between Jackson Hewitt (JTX) and Wells Fargo makes reference to pre-packaged bankruptcy for Jackson Hewitt. There had been some rumors about such a plan. The note (in the third paragraph of Item 1.01 in the 8-K released today) is not good news for shareholders. &#8220;the Lenders and the Company [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2011/05/02/shareholders-could-be-wiped-out-in-a-pre-packaged-bankruptcy-for-jackson-hewitt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Jackson Hewitt Gets Extension on Credit Agreement</title>
		<link>http://banktalk.org/2011/05/02/jackson-hewitt-gets-extension-on-credit-agreement/</link>
		<comments>http://banktalk.org/2011/05/02/jackson-hewitt-gets-extension-on-credit-agreement/#comments</comments>
		<pubDate>Mon, 02 May 2011 15:17:24 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[Credit Agreement]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3542</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsJackson Hewitt agreed to an amended credit agreement with Wells Fargo on Friday evening. The new &#8220;Amended and Restated Credit Agreement&#8221; gives JTX another 20 days. It comes with explicit instructions for how Jackson Hewitt spends its money for the duration of the off-tax season period. Jackson Hewitt has a line of credit with Wells [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>SEC Poses More Questions to Jackson Hewitt</title>
		<link>http://banktalk.org/2011/04/27/sec-has-more-questions-for-jackson-hewitt/</link>
		<comments>http://banktalk.org/2011/04/27/sec-has-more-questions-for-jackson-hewitt/#comments</comments>
		<pubDate>Wed, 27 Apr 2011 20:10:08 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3509</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe day draws near to when Wells Fargo will decide if it is going to trigger a clause that would require Jackson Hewitt to make a substantial cash payment. The SEC appears to be taking an active interest in this issue. In a January 11, 2011 letter, SEC Assistant Director Larry Spirgel sought answers to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Bank Notes: Republic Bank, Prison Debit Cards, QRM</title>
		<link>http://banktalk.org/2011/04/21/bank-notes-republic-bank-prison-debit-cards-qrm/</link>
		<comments>http://banktalk.org/2011/04/21/bank-notes-republic-bank-prison-debit-cards-qrm/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 09:22:37 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[debit cards]]></category>
		<category><![CDATA[housing finance]]></category>
		<category><![CDATA[mortgage lending]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3490</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsRepublic meets before judge with FDIC: The FDIC was supposed to bring an action against Republic Bank before an administrative judge. The hearing was scheduled for April 18th in Louisville. The FDIC is pursuing an argument that Republic&#8217;s refund anticipation loans undermine the safety and soundness of the bank. Republic will likely counter with data [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Jackson Hewitt Has Issues Besides RALs</title>
		<link>http://banktalk.org/2011/03/11/jackson-hewitt-has-issues-besides-rals/</link>
		<comments>http://banktalk.org/2011/03/11/jackson-hewitt-has-issues-besides-rals/#comments</comments>
		<pubDate>Fri, 11 Mar 2011 18:31:44 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[corporate integrity]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3371</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsIt would be a mistake to identify a potential regulatory intervention with the long-term problems that have led Jackson Hewitt to its current malaise. Jackson Hewitt shares are trading at 55 cents a share this morning. That is off about 24 percent from this morning. On Wednesday, the shares traded north of $1.20. I am [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2011/03/11/jackson-hewitt-has-issues-besides-rals/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Jackson Hewitt&#8217;s Day of Reckoning is Near</title>
		<link>http://banktalk.org/2011/03/10/jackson-hewitts-day-of-reckoning-is-near/</link>
		<comments>http://banktalk.org/2011/03/10/jackson-hewitts-day-of-reckoning-is-near/#comments</comments>
		<pubDate>Thu, 10 Mar 2011 18:01:44 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[6th Amended Credit Agreement]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3360</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsNews that Jackson Hewitt may be preparing a bankruptcy plan dropped its shares price significantly this morning. My first question is: &#8220;What took so long?&#8221; Since the 5th and 6th Amendments to Jackson Hewitt&#8217;s 2006 Credit Agreement with Wells Fargo (via Wachovia), it has been clear that Wells was losing its patience with the tax [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2011/03/10/jackson-hewitts-day-of-reckoning-is-near/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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