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	<title>BANK TALK &#187; RALs</title>
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	<description>Exploring the Finances of the Unbanked</description>
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		<title>Big Detail from the Liberty Tax Initial Public Offering: The Instant Cash Advance</title>
		<link>http://banktalk.org/2011/12/16/big-detail-from-the-liberty-tax-initial-public-offering-the-instant-cash-advance/</link>
		<comments>http://banktalk.org/2011/12/16/big-detail-from-the-liberty-tax-initial-public-offering-the-instant-cash-advance/#comments</comments>
		<pubDate>Fri, 16 Dec 2011 13:14:15 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[CFPB]]></category>
		<category><![CDATA[instant cash advances]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[JTH Holdings]]></category>
		<category><![CDATA[Liberty Tax]]></category>
		<category><![CDATA[non-bank financial institutions]]></category>
		<category><![CDATA[RALs]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=4230</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe parent company of Liberty Tax recently announced its intention to offer to sell shares to the public. The obligatory prospectus filed with the SEC for the benefit of interested investors provides a chance to look under the hood of the nation&#8217;s third largest preparer of tax returns. Guess what is under the hood? It [...]]]></description>
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		<slash:comments>4</slash:comments>
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		<title>FDIC and Republic Agree: No RALs After April &#8217;12</title>
		<link>http://banktalk.org/2011/12/09/fdic-and-republic-agree-no-rals-after-april-12/</link>
		<comments>http://banktalk.org/2011/12/09/fdic-and-republic-agree-no-rals-after-april-12/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 14:53:46 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[RBCAA]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>
		<category><![CDATA[Republic Bank & Trust]]></category>
		<category><![CDATA[Tax Refund Solutions]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=4207</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsRepublic Bank &#38; Trust (ticker:RBCAA) says that it has reached an agreement with the FDIC to terminate their refund anticipation loan (&#8220;RAL&#8221;) program after the end of the next tax season. Prior to this morning&#8217;s 8-k, Republic and the FDIC were on course to settle their disagreement about Republic&#8217;s Tax Refund Solutions division through a [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2011/12/09/fdic-and-republic-agree-no-rals-after-april-12/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Breaking News: FDIC and Republic Reach Agreement</title>
		<link>http://banktalk.org/2011/12/09/breaking-news-fdic-and-republic-reach-agreement/</link>
		<comments>http://banktalk.org/2011/12/09/breaking-news-fdic-and-republic-reach-agreement/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 14:37:36 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[Republic Bank & Trust]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=4209</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsRepublic will cease to offer RALs after April 30th, 2012. &#160; More to come shortly.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Republic Reports Specifics on RAL/RAC Revenues</title>
		<link>http://banktalk.org/2011/10/31/republic-reports-specifics-on-ralrac-revenues/</link>
		<comments>http://banktalk.org/2011/10/31/republic-reports-specifics-on-ralrac-revenues/#comments</comments>
		<pubDate>Mon, 31 Oct 2011 18:22:16 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[Jackson Hewitt]]></category>
		<category><![CDATA[Liberty Tax]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[RBCAA]]></category>
		<category><![CDATA[Republic Bank]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=4140</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsRepublic Bank (&#8220;RBCAA&#8221;)says that revenue from its two largest tax refund partners, Jackson Hewitt and Liberty Tax, accounted for almost sixty percent of total revenue in its Tax Refund Solutions division. RB&#38;T has agreements with Jackson Hewitt Inc. (&#8220;JHI&#8221;), a subsidiary of Jackson Hewitt Tax Service, Inc. (&#8220;JH&#8221;) and Liberty Tax Service (&#8220;Liberty&#8221;) to offer [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2011/10/31/republic-reports-specifics-on-ralrac-revenues/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Block Says &#8220;No RALs in 2012&#8243;</title>
		<link>http://banktalk.org/2011/09/13/block-says-no-rals-in-2012/</link>
		<comments>http://banktalk.org/2011/09/13/block-says-no-rals-in-2012/#comments</comments>
		<pubDate>Tue, 13 Sep 2011 14:43:04 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[H&R Block]]></category>
		<category><![CDATA[HRB]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=4010</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsH&#38;R Block confirmed that it will not offer refund anticipation loans during the 2012 tax season. Block did not have RALs last year. New Block CEO Bill Cobb attributed the preparers willingness to go into the season without RALs to the success that the company experienced in 2011 without a refund loan product. Block said [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>MetaBank Concedes: &#8220;No RALs in 2011&#8243;</title>
		<link>http://banktalk.org/2010/12/03/metabank-concedes-no-rals-in-2011/</link>
		<comments>http://banktalk.org/2010/12/03/metabank-concedes-no-rals-in-2011/#comments</comments>
		<pubDate>Fri, 03 Dec 2010 11:39:39 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[unbanked]]></category>
		<category><![CDATA[MetaBank]]></category>
		<category><![CDATA[RALs]]></category>
		<category><![CDATA[Refund Anticipation Loans]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2975</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsOn Thursday afternoon, MetaBank made it official that they will not offer tax-related products for the upcoming tax season. The OTS issued a directive earlier this year that forced MetaBank to suspend its i-advance loans. The OTS also said that the bank would have to have permission before they could provide tax products like refund [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2010/12/03/metabank-concedes-no-rals-in-2011/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<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>
		<wfw:commentRss>http://banktalk.org/2010/06/04/wells-fargo-financier-to-the-ral-business/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Mo&#8217; Money Costs More Money</title>
		<link>http://banktalk.org/2010/01/18/mo-money-costs-more-money/</link>
		<comments>http://banktalk.org/2010/01/18/mo-money-costs-more-money/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 15:27:29 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[JP Morgan Chase]]></category>
		<category><![CDATA[Mo' Money TAX]]></category>
		<category><![CDATA[RALs]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=1548</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsI  visited Mo&#8217; Money Taxes twice over the weekend.  My conclusion is that Mo&#8217; Money is exactly what it claims to be.  Mo&#8217; Money costs more money. Indeed, when I went into the Mo&#8217; Money in a strip mall on one of Raleigh&#8217;s outer suburbs, the staff was more than able to give me an [...]]]></description>
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		<slash:comments>0</slash:comments>
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