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	<title>BANK TALK &#187; JTX</title>
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	<description>Exploring the Finances of the Unbanked</description>
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		<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>Whither Jackson Hewitt?</title>
		<link>http://banktalk.org/2010/11/18/whither-jackson-hewitt/</link>
		<comments>http://banktalk.org/2010/11/18/whither-jackson-hewitt/#comments</comments>
		<pubDate>Thu, 18 Nov 2010 16:33:27 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[RBCAA]]></category>
		<category><![CDATA[refund anticipation loan]]></category>
		<category><![CDATA[Republic Bank of Kentucky]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2932</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsTax preparation firm Jackson Hewitt has until Saturday to meet the terms of its line of credit agreement with Wells Fargo. Wells Fargo stipulated that JTX needed to have full funding for its refund anticipation loan (RALs) offerings for the upcoming tax season.  Currently, Jackson Hewitt has funding lined up with Republic Bank of Kentucky [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>More RAL Litigation against Tax Preparers</title>
		<link>http://banktalk.org/2010/09/07/more-ral-litigation-against-tax-preparers/</link>
		<comments>http://banktalk.org/2010/09/07/more-ral-litigation-against-tax-preparers/#comments</comments>
		<pubDate>Tue, 07 Sep 2010 19:12:22 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[H&R Block]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[New York State Division of Human Rights]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2634</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsJackson Hewitt and H &#38; R Block both suffered setbacks in their efforts to defend their refund anticipation loans in New York courts last week. In Jackson Hewitt Tax Service v. Kirkland, a judge dismissed an effort by Jackson Hewitt to prevent the New York State Division of Human Rights from continuing with its investigation [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Tax Prep in 2011?</title>
		<link>http://banktalk.org/2010/08/06/tax-prep-in-2011/</link>
		<comments>http://banktalk.org/2010/08/06/tax-prep-in-2011/#comments</comments>
		<pubDate>Fri, 06 Aug 2010 16:20:05 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[unbanked]]></category>
		<category><![CDATA[debt indicator]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[MetaBank]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2571</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe IRS left a big question hanging in the air when it announced that the debt indicator would not return for 2011. The issue is the split refund. The split refund already exists. This year, tax payers were allowed to dedicate a &#8220;split&#8221; of their refund They said that will study the idea of letting [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Rumors about the Debt Indicator</title>
		<link>http://banktalk.org/2010/07/20/rumors-about-the-debt-indicator/</link>
		<comments>http://banktalk.org/2010/07/20/rumors-about-the-debt-indicator/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 10:04:57 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[CERCA]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[Mark Ernst]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2428</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsHanging over the entire retail tax prep sector is the uncertainty about what the IRS will do to the debt indicator. During his comments in May to CERCA, Mark Ernst made it clear that he expects better results from the program.  Here is part of what he said back then: The Debt Indicator as it [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Interesting Reports from H&amp;R Block</title>
		<link>http://banktalk.org/2010/06/25/interesting-reports-from-hr-block/</link>
		<comments>http://banktalk.org/2010/06/25/interesting-reports-from-hr-block/#comments</comments>
		<pubDate>Fri, 25 Jun 2010 17:30:38 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Earned Income Tax Credit]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[H&R Block]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[JTX]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2334</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsH&#38;R Block&#8217;s Q4 Earnings Call is interesting, not just to someone who follows tax preparation, but what the changes at this company tell us about the nature of our larger economy. Although many would agree with Woodrow Wilson that &#8216;what&#8217;s good for GM is good for the country, and vice versa,&#8221; it could also be [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Wells Fargo: Financier to the RAL Business</title>
		<link>http://banktalk.org/2010/06/04/wells-fargo-financier-to-the-ral-business/</link>
		<comments>http://banktalk.org/2010/06/04/wells-fargo-financier-to-the-ral-business/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 14:44:25 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[unbanked]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[JTX]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[Wells Fargo]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2188</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsWhile BankTalk goes to great length to excoriate (big word!!!) the immediate providers of refund anticipation loan dollars, there are other financial institutions that make RALs possible. Wells Fargo, for instance, is providing the credit lifeline that keeps Jackson Hewitt in business.  On April 30th of this year, Wells entered into a new definitive material [...]]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Strategic Options for H&amp;R Block, II</title>
		<link>http://banktalk.org/2010/05/05/options-for-block/</link>
		<comments>http://banktalk.org/2010/05/05/options-for-block/#comments</comments>
		<pubDate>Wed, 05 May 2010 15:08:36 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[JTX]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2055</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsH&#38;R Block needs to get out in front of the refund anticipation loan issue before RALs envelope their public reputation. I see two potential responses that management could pursue at this moment. Inoculate the Competition. Make the price and terms of the Block Classic RAL so good that no one else will be able to [...]]]></description>
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		<slash:comments>0</slash:comments>
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