Camden County Warns Residents about Refund Anticipation Loans

So-called instant tax refunds reduce amount you should receive

\"Police_whistles\" Now that tax season is underway, the Camden County Board of Freeholders and the Division of Consumer Protection/Weights and Measures would like to remind residents to beware of \”instant\” or \”fast\” tax refund programs from tax preparation firms and tax preparers.

These refunds are really Refund Anticipation Loans (RALs), which have high interest rates and many fees that reduce your tax refund.

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