Change in Rapid Refund Procedures

Many of you may have heard that the IRS has discontinued providing the rapid refund banks with the “debt indicator”.  This means that new customer RAL approval rates will most likely decline, due to more credit scrutiny.  Also, many industry insiders are voicing their concern that this will trigger a price increase in the products across the board.  For more in depth info see:  tax-offices-rapid-refund-changes