A bad new tradition

Tax Day is months away, but many Alabamians who expect a refund are rushing out to the tax preparer's to file as soon as possible. In fact, some people are so anxious to get their refund, they'll pay someone a large portion of it for the privilege of borrowing it from themselves -- often for only a week or two.

This Anniston Star op-ed by ACPP policy analyst Stephen Stetson explains how refund anticipation loans (RALs) are draining millions of dollars from low-income workers' pockets.

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