By CAPT. MIKE WINN
Fort Knox Tax Center
“What a rip off!” Oh yes, what a rip-off, indeed.
Refund Anticipation Loans (or RALs, for short) have been wreaking havoc in the lives of Soldiers and working-class families for decades. However, thanks to recent action by the Federal Deposit Insurance Corp., RALs are now a thing of the past—mostly.